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!
Active
$1,999,999
319 Holtby Rd, Bakersfield, CA 93304
--beds
--baths
4,866sqft
Multi Family
Built in 1930
-- sqft lot
$1,875,800 Zestimate®
$411/sqft
$-- HOA
What's special
Ample open parking
- 154 days
- 152
- 3
Zillow last checked:
Listing updated:
Listed by:
Esteban Contreras DRE #01975384 661-617-0074 esteban@vanguardrealtyinvestments.com,
Watson Realty
Source: Bakersfield AOR,MLS#: 202605510
Facts & features
Interior
Interior area
- Total structure area: 4,866
- Total interior livable area: 4,866 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage, Carport
- Garage spaces: 4
- Has carport: Yes
Features
- Levels: One
Lot
- Size: 0.6 Acres
Details
- Parcel number: 00818213
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Chester Tract
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $411/sqft
- Date on market: 5/20/2026
- Cumulative days on market: 154 days
Estimated market value
$1,875,800
$1.78M - $1.97M
$1,484/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $1,999,999+60%$411/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $1,250,000+13.6%$257/sqft |
Source: | ||
| 9/27/2025 | Listing removed | $1,495 |
Source: Zillow Rentals Report a problem | ||
| 9/15/2025 | Listed for rent | $1,495+49.5% |
Source: Zillow Rentals Report a problem | ||
| 9/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/21/2023 | Price change | $1,000-8.7% |
Source: Zillow Rentals Report a problem | ||
| 8/8/2023 | Price change | $1,095-8.4% |
Source: Zillow Rentals Report a problem | ||
| 7/28/2023 | Price change | $1,195-7.7% |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Price change | $1,295-0.4% |
Source: Zillow Rentals Report a problem | ||
| 5/12/2023 | Listed for rent | $1,300-18.5% |
Source: Zillow Rentals Report a problem | ||
| 7/27/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/8/2022 | Listed for rent | $1,595 |
Source: Zillow Rental Manager Report a problem | ||
| 2/17/2022 | Sold | $1,100,000-2.2%$226/sqft |
Source: | ||
| 12/29/2021 | Pending sale | $1,125,000$231/sqft |
Source: | ||
| 12/3/2021 | Listed for sale | $1,125,000$231/sqft |
Source: | ||
| 11/29/2021 | Pending sale | $1,125,000$231/sqft |
Source: | ||
| 11/10/2021 | Listed for sale | $1,125,000+78.1%$231/sqft |
Source: | ||
| 10/7/2020 | Sold | $631,500+2%$130/sqft |
Source: | ||
| 7/29/2020 | Listed for sale | $619,000+31.7%$127/sqft |
Source: Keller Williams Realty #202007485 Report a problem | ||
| 10/31/2014 | Sold | $470,000-1.1%$97/sqft |
Source: | ||
| 8/1/2014 | Listed for sale | $475,000$98/sqft |
Source: Re/Max Magic Report a problem | ||
| 5/14/2014 | Listing removed | $475,000$98/sqft |
Source: RE/MAX MAGIC #21401093 Report a problem | ||
| 3/20/2014 | Price change | $475,000-9.5%$98/sqft |
Source: RE/MAX MAGIC #21401093 Report a problem | ||
| 2/1/2014 | Listed for sale | $525,000$108/sqft |
Source: RE/MAX MAGIC #21401093 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oleander Sunset
Nearby schools
Schools provided by the listing agent
- Elementary: Roosevelt_Bak
- Middle: Emerson
- High: Bakersfield
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






