- This well-maintained fourplex at 2811-2815 Dracena Street, Bakersfield, CA 93304, offers an excellent investment opportunity with a mix of two 2-bedroom, 1-bath units and two 1-bedroon, 1-bath units. Built in 1957 and priced at $465,000, the current owner has done the following upgrades, including new roofs on three of the four units and interior remodels in three units, featuring updated countertops, new appliances, and durable LVP flooring. With current rents ranging from $630 to $975, this multi-unit property provides strong rental potential in a desirable location.
Sold
$472,000
2811 Dracena St, Bakersfield, CA 93304
--beds
--baths
2,674sqft
Multi Family
Built in 1957
-- sqft lot
$474,000 Zestimate®
$177/sqft
$1,368 Estimated rent
Home value
$474,000
$422,000 - $531,000
$1,368/mo
Zestimate® history
Owner options
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$1,368/mo
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$1,368/mo
Rent Zestimate®
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$2,987/mo
Est. payment
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$2,987/mo
Est. payment
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List your homeWhat's special
New appliancesUpdated countertopsDurable lvp flooring
Zillow last checked:
Listing updated:
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Carlos Chavez, DRE #01409906
Chavez and Associates
Source: Bakersfield AOR,MLS#: 202502880
Facts & features
Interior
Interior area
- Total structure area: 2,674
- Total interior livable area: 2,674 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Open
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 0.30 Acres
Details
- Parcel number: 00727223
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1957
Community & neighborhood
Location
- Region: Bakersfield
- Subdivision: Chester Tract
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $472,000+1.5%$177/sqft |
Source:  Bakersfield AOR #202502880 Report a problem | ||
| 3/30/2025 | Pending sale | $465,000$174/sqft |
Source: Bakersfield AOR #202502880 Report a problem | ||
| 3/13/2025 | Listed for sale | $465,000+210%$174/sqft |
Source: Bakersfield AOR #202502880 Report a problem | ||
| 2/2/2006 | Sold | $150,000-40.5%$56/sqft |
Source: Public Record Report a problem | ||
| 3/31/2004 | Sold | $252,000+68%$94/sqft |
Source: Public Record Report a problem | ||
| 10/7/2003 | Sold | $150,000+294.7%$56/sqft |
Source: Public Record Report a problem | ||
| 10/1/1998 | Sold | $38,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,220 +1.8% | $330,939 +2% |
| 2024 | $6,109 +2.4% | $324,451 +2% |
| 2023 | $5,964 +3% | $318,090 +2% |
| 2022 | $5,791 | $311,854 +6.1% |
| 2021 | -- | $294,000 +15.7% |
| 2020 | $4,688 +4.2% | $254,000 +5.4% |
| 2019 | $4,499 +0.9% | $241,000 |
| 2018 | $4,458 -0.5% | $241,000 |
| 2017 | $4,481 +19.1% | $241,000 +20.5% |
| 2016 | $3,762 +68.6% | $200,000 +207.7% |
| 2015 | $2,230 -26.6% | $65,000 -54.2% |
| 2014 | $3,038 | $142,000 +2.2% |
| 2013 | -- | $139,000 +18.8% |
| 2012 | $2,825 -0.5% | $117,000 |
| 2011 | $2,838 -36% | $117,000 -54.4% |
| 2010 | $4,438 -13% | $256,389 -0.2% |
| 2009 | $5,099 +46.8% | $256,999 +2% |
| 2008 | $3,473 +2.5% | $251,961 +2% |
| 2007 | $3,388 +5.8% | $247,022 +2% |
| 2006 | $3,201 -22.9% | $242,179 -5.8% |
| 2005 | $4,151 +40.7% | $257,040 +68% |
| 2004 | $2,949 +42.4% | $153,000 +84.3% |
| 2003 | $2,072 | $83,025 +4% |
| 2002 | $2,072 -42.2% | $79,803 +2% |
| 2001 | $3,584 | $78,239 |
| 2000 | -- | $78,239 |
Find assessor info on the county website
Neighborhood: Oleander Sunset
Nearby schools
GreatSchools rating
- 3/10William Penn Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Emerson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Bakersfield High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Penn, William
- Middle: Emerson
- High: Bakersfield
- District: Bakersfield City
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$474,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$474,000
- California
- Kern County
- Bakersfield
- 93304
- Oleander Sunset
- 2811 Dracena St
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Nearby neighborhoods
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