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314 MONTEREY STREET, Bakersfield, CA 93305

Bakersfield
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
314 MONTEREY STREET,Bakersfield, CA 93305
$309,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ian mellon
Office: keller williams realty
MLS#:202606854
Source:BF

Price summary

  • Price:$309,000

About this home

Calling ALL investors. CAP Rate through the ROOF. Welcome to 314 Monterey St in NE Bakersfield, a beautifully upgraded property featuring a front home (1350 sf) plus a fully equipped studio ADU (515 sf), perfect for multi-generational living or rental income. The front unit offers 2 large bedrooms, 1 bathroom, indoor utility, and a spacious living room, while the rear studio ADU features its own living area, bedroom, kitchenette, bathroom, and private indoor utility for washer and dryer. Both units have been fully remodeled with modern finishes, black fixtures, and white dolomite countertops throughout. Each unit has separate access and dedicated parking, providing excellent privacy and flexibility. The property is connected to one electrical meter with a brand-new solar system designed to offset 100% of the electrical usage, making it extremely beneficial for dual occupancy and long-term savings. Investor: Pro Forma Rents are approx $1750 front unit and $1000 back unit.

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Home facts

  • Year built:1981
  • Listing ID #:202606854
  • Added:58 day(s) ago
  • Updated:August 22, 2026 at 02:26 PM

Structure and exterior

  • Year built:1981
  • Lot area:0.17 Acres
  • Levels:1 Story

Schools

  • High school:Bakersfield
  • Middle school:Washington
  • Elementary school:Longfellow

Finances and disclosures

  • Price:$309,000

Parking

  • Parking description:Uncovered
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026. BF Member Broker: Mike Southwick

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