Excellent investment opportunity in the heart of Bakersfield!Featuring three units on one parcel, this property offers versatility for investors looking to add to their portfolio. Conveniently situated near shopping, dining, schools, and major commuter routes, the location provides easy access to everyday amenities. Whether you're seeking a long-term investment or looking to expand your real estate holdings, this multifamily property offers plenty of potential in an established neighborhood. Don't miss the chance to own a well-positioned income property in a growing market.
Active
Price cut: $24.9K (7/30)
$450,000
708 P St, Bakersfield, CA 93304
--beds
--baths
2,160sqft
Multi Family
Built in 1983
-- sqft lot
$447,100 Zestimate®
$208/sqft
$-- HOA
What's special
- 67 days |
- 153 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Alessandra B. Castaneda DRE #02152177 661-565-1246 alytherealtor10@gmail.com,
Elysian Real Estate Group- Exp,
Stephanie Carrasco DRE #02032149 661-703-5259,
Elysian Real Estate Group- Exp
Source: Bakersfield AOR,MLS#: 202606696
Facts & features
Interior
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 00937003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1983
Community & HOA
Community
- Subdivision: Lowell Addition
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $330,847
- Date on market: 6/20/2026
- Cumulative days on market: 68 days
Estimated market value
$447,100
$425,000 - $469,000
$1,436/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Pending sale | $450,000$208/sqft |
Source:  CLAW #26851351 Report a problem | ||
| 7/30/2026 | Price change | $450,000-5.2%$208/sqft |
Source:  Bakersfield AOR #202606696 Report a problem | ||
| 7/20/2026 | Price change | $474,900-5%$220/sqft |
Source: Bakersfield AOR #202606696 Report a problem | ||
| 6/20/2026 | Listed for sale | $500,000+405.1%$231/sqft |
Source: Bakersfield AOR #202606696 Report a problem | ||
| 8/29/2003 | Sold | $99,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $330,847 +2% |
| 2025 | $5,691 +63.7% | $324,360 +135.1% |
| 2024 | $3,477 +2.7% | $137,977 +2% |
| 2023 | $3,385 +3.6% | $135,272 +2% |
| 2022 | $3,266 | $132,621 +2% |
| 2021 | -- | $130,021 +1% |
| 2020 | $2,891 +1.9% | $128,689 |
| 2019 | $2,837 +2% | $128,689 +4% |
| 2018 | $2,780 +0.9% | $123,694 +2% |
| 2017 | $2,756 +6.2% | $121,270 +2% |
| 2016 | $2,595 +1.1% | $118,893 +1.5% |
| 2015 | $2,566 +8.5% | $117,108 +12.6% |
| 2014 | $2,366 | $104,000 |
| 2013 | -- | $104,000 +7.2% |
| 2012 | $2,343 -0.3% | $97,000 |
| 2011 | $2,351 +5.6% | $97,000 +8.7% |
| 2010 | $2,226 +0.4% | $89,263 |
| 2009 | $2,218 -5.7% | $89,263 -16.7% |
| 2008 | $2,352 +4.2% | $107,158 +2% |
| 2007 | $2,257 +6.2% | $105,058 +2% |
| 2006 | $2,126 +2.7% | $102,999 +2% |
| 2005 | $2,069 +0.9% | $100,980 |
| 2004 | $2,051 +23.9% | $100,980 +46.3% |
| 2003 | $1,656 | $69,000 |
| 2002 | $1,656 -31.2% | $69,000 |
| 2001 | $2,409 | $69,000 |
| 2000 | -- | $69,000 |
Find assessor info on the county website
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
GreatSchools rating
- 2/10McKinley Elementary SchoolGrades: K-6Distance: 0.3 mi
- 2/10Emerson Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Bakersfield High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: McKinley
- 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.
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