319 Holtby Rd, Bakersfield, CA, 93304
About This Home
Excellent multi-family investment opportunity in the heart of Bakersfield's historic Oleander Tract! Situated on a massive 0.6-acre lot (26,136 sq ft), this unique residential income property features 8 character-rich buildings combining for a total of 7 units and 4,866 sq ft of living space.Built in 1930, the property contains the saught after oleander charm and immense value-add potential for savvy investors looking to maximize rental income or execute a classic restoration project. The sprawling lot provides rare, expansive spacing between units, ample open parking, and plenty of outdoor space for tenants.Conveniently located with easy access to local schools (Roosevelt Elementary, Emerson Jr. High, and Bakersfield High School), shopping, dining, and transit. Property to be sold as-is. Offers are to be made subject to interior inspection please do not disturb the tenants. Don't miss out on adding this high-potential multi-family portfolio piece to your investment strategy!
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Interior Area
- Total structure area: 4,866
- Total interior livable area: 4,866 sqft
Property
Details
- Parcel number: 00818213
Features
- Levels: One
Lot
- Lot size: 0.60 Acres
Parking
- Total spaces: 8
- Parking features: Garage,Carport
- Has garage: Yes
- Attached garage spaces: 4
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Kern County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,113 | $121,356 |
| Home Insurance * | $771 | $9,252 |
| Property Taxes | $1,483 | $17,796 |
| Electricity | $1,043 | $12,521 |
| Total | $13,410 | $160,920 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Price change | $1,999,999 |
| 2026-05-20 | Listed for sale | $1,250,000 |
| 2025-09-27 | Listing removed | $1,495 |
| 2025-09-15 | Listed for rent | $1,495 |
| 2023-09-20 | Listing removed | -- |
| 2023-08-21 | Price change | $1,000 |
| 2023-08-08 | Price change | $1,095 |
| 2023-07-28 | Price change | $1,195 |
| 2023-06-01 | Price change | $1,295 |
| 2023-05-12 | Listed for rent | $1,300 |
| 2022-07-27 | Listing removed | -- |
| 2022-07-08 | Listed for rent | $1,595 |
| 2022-02-17 | Sold | $1,100,000 |
| 2021-12-29 | Pending sale | $1,125,000 |
| 2021-12-03 | Listed for sale | $1,125,000 |
| 2021-11-29 | Pending sale | $1,125,000 |
| 2021-11-10 | Listed for sale | $1,125,000 |
| 2020-10-07 | Sold | $631,500 |
| 2020-07-29 | Listed for sale | $619,000 |
| 2014-10-31 | Sold | $470,000 |
| 2014-08-01 | Listed for sale | $475,000 |
| 2014-05-14 | Listing removed | $475,000 |
| 2014-03-20 | Price change | $475,000 |
| 2014-02-01 | Listed for sale | $525,000 |
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