Rare opportunity to acquire a mixed-use income property generating $4,750/month at a strong price point of just $525,000. The offering includes 3 residential units and 1 commercial unit on a large lot, with two of the residential units recently renovated for improved rent stability and reduced maintenance. Ideal location near Sears Park, Mobil, Family Dollar, Covenant Coffee and more. Solid cash flow from day one with upside potential in both rents and value. A turnkey addition to any investor's portfolio.For updated listing pictures: https://drive.google.com/drive/folders/1rptK805xhS5tek456ZDTI0Z5MVWWoA-z?usp=sharing
Sold
$490,000
338 Norris Rd, Bakersfield, CA 93308
--beds
--baths
2,388sqft
Multi Family
Built in 1921
-- sqft lot
$515,700 Zestimate®
$205/sqft
$1,284 Estimated rent
Home value
$515,700
$490,000 - $541,000
$1,284/mo
Zestimate® history
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$1,284/mo
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$3,088/mo
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Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 02:02am
Listed by:
Sanjeev Advani DRE #01869863 661-770-7382 sunny@re-synergy.com,
Sanjeev Advani, Broker
Bought with:
Sanjeev Advani, DRE #01869863
Sanjeev Advani, Broker
Source: Bakersfield AOR,MLS#: 202513405
Facts & features
Interior
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 0.38 Acres
Details
- Parcel number: 11225311
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & neighborhood
Location
- Region: Bakersfield
- Subdivision: Glass City
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $490,000-6.7%$205/sqft |
Source:  Bakersfield AOR #202513405 Report a problem | ||
| 1/6/2026 | Pending sale | $525,000$220/sqft |
Source: Bakersfield AOR #202513405 Report a problem | ||
| 12/9/2025 | Listed for sale | $525,000+110%$220/sqft |
Source: Bakersfield AOR #202513405 Report a problem | ||
| 9/22/2021 | Sold | $250,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,740 +3.3% | $265,301 +2% |
| 2024 | $5,559 +3.8% | $260,100 +2% |
| 2023 | $5,356 +5.7% | $255,000 +2% |
Find assessor info on the county website
Neighborhood: 93308
Nearby schools
GreatSchools rating
- 1/10Standard Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Standard Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10North High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Standard
- Middle: Standard
- High: North
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
$515,700
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
$515,700
- California
- Kern County
- Oildale
- 93308
- 338 Norris Rd