Active under contract

Price cut: $5K (5/21)

$573,999

306 Vernal Pl, Bakersfield, CA 93304

--beds

--baths

2,032sqft

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Multi Family

Built in 1958

-- sqft lot

$546,400 Zestimate^®

$282/sqft

$-- HOA

What's special

Large lot

Income producing property on a large lot. Fully rented. Start generating income on first day. Quick access to 58 Fwy.Ideal for the investor seeking a low-management, high-efficiency asset with proven cash flow.This property features four units, offering 3 - 2BR. + 1BTH and 1 - 1BR + 1BTH. All units are tenant occupied, providing immediate rental income.

69 days

12

0

Facts & features

Interior

Interior area

Total structure area: 2,032
Total interior livable area: 2,032 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Has uncovered spaces: Yes

Features

Levels: Two

Lot

Size: 6,534 Square Feet

Details

Parcel number: 01113021

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1958

Community & HOA

Community

Subdivision: Virginia Tract

Location

Region: Bakersfield

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $182,742
Annual tax amount: $4,495
Date on market: 5/7/2026
Cumulative days on market: 71 days

Estimated market value

$546,400

$519,000 - $574,000

$1,107/mo

Price history

Date	Event	Price
5/21/2026	Price change	$573,999-0.9%$282/sqft
Source: Bakersfield AOR #202605063 Report a problem
5/7/2026	Listed for sale	$578,999+522.6%$285/sqft
Source: Bakersfield AOR #202605063 Report a problem
1/3/2008	Sold	$93,000-55.7%$46/sqft
Source: Public Record Report a problem
6/22/2007	Sold	$210,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,495 +2.2%	$182,742 +2%
2024	$4,399 +2.6%	$179,160 +2%
2023	$4,286 -0.3%	$175,648 +2%
2022	$4,298	$172,203 +2%
2021	--	$168,828 +1%
2020	$3,800 +1.9%	$167,098
2019	$3,728 +2%	$167,098 +4%
2018	$3,654 +0.9%	$160,611 +2%
2017	$3,622 +6.1%	$157,462 +2%
2016	$3,413 +1.1%	$154,375 +1.5%
2015	$3,375 +3.2%	$152,058 +2%
2014	$3,271	$149,079 +0.5%
2013	--	$148,407 -26.7%
2012	$4,105 +3.8%	$202,454 +2%
2011	$3,956 +64.8%	$198,486 +179.6%
2010	$2,400 +3.8%	$71,000
2009	$2,313 -40.4%	$71,000 -66.9%
2008	$3,882 +150.2%	$214,200 +949.8%
2007	$1,552 +7.1%	$20,403 +2%
2006	$1,449 +4.5%	$20,003 +2%
2005	$1,386 +1.8%	$19,612
2004	$1,361 +5.6%	$19,612 +1.9%
2003	$1,289	$19,254 +4%
2002	$1,289 -54.6%	$18,508 +2%
2001	$2,841	$18,146
2000	--	$18,146

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Southgate

Getting around

63 / 100

Somewhat Walkable

33 / 100

Some Transit

44 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Wayside Elementary School
Grades: K-6Distance: 0.8 mi
2/10
Sequoia Middle School
Grades: 7-8Distance: 0.3 mi
4/10
West High School
Grades: 9-12Distance: 2.5 mi

Schools provided by the listing agent

Elementary: Wayside
Middle: Sequoia
High: West
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.