2819 Monterey, Bakersfield, CA 93306, Bakersfield, 93306 - 6 bed, 4 bath
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2819 Monterey
Bakersfield, CA 93306
ACTIVE
CONDITION: FAIR
6Beds
4Baths
2,054Sq Ft
7,156Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$419,961
SUMMARY
This duplex presents a Strong Value Opportunity, listed at $420,000—positioned well below the $419,962 Fair Market Value by approximately 0%. This property functions as a versatile Residential Income asset, featuring two 3-bedroom, 2-bathroom units with a Condition Rating of 4. While the front unit was recently renovated in 2024, the property offers significant potential for modernization. Located near top-rated elementary schools, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to house-hack and build long-term equity.
Estimated Market Value
$419,961
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2819 Monterey Subject | $420,000* List Price | 6 | 4 | 2,054 | $204 | - |
A 2208 Lake Active | $435,000 List Price | 0 | 0 | 2,128 | $204 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982, the property is over 40 years old and appears dated. While the front unit was updated in 2024 following a fire, the kitchen and bathrooms utilize older-style laminate countertops and basic cabinetry. The exterior landscaping is unmaintained, and the overall aesthetic requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
As a duplex featuring two 3-bedroom, 2-bathroom units, this property offers excellent flexibility for 'house-hacking' or maximizing rental income in a high-demand residential area.
- Recent Renovations
The front unit was updated in 2024, providing modern living standards and reducing immediate capital expenditure requirements for the new owner.
- Prime School Proximity
The property is exceptionally well-located for families, with both Ramon Garza Elementary and Sierra Middle School situated less than 0.3 miles away.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7156, other record lot size in square feet = 6969. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
- Public Record Discrepancies
A significant discrepancy exists between the tax assessor records (2/1 units) and the actual layout (3/2 units), which may complicate financing, appraisals, and permitting verification.
- Property History
The front unit required a total update in 2024 due to fire damage from an adjacent property, a history that may lead to increased scrutiny from insurance providers.
About 2819 Monterey
First time home buyer, opportunity knocks. Absolutely great investment property, live in one and rent the other. Each unit is a 3 Bedrooms and 2 Bathrooms. The Tax assessors shows each unit as a 2 bedroom 1 bath. My seller purchased the property in 2014 as 3 bedroom 2 bath each unit. The front unit was updated in 2024 due to a fire, not caused by tenants but due to an adjacent property. Front unit has a nice size front yard, the rear unit has a side yard. There is a oversized 2 car carport, long driveway and street parking.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1982
- Lot Size
- 7,156 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Ramon Garza Elementary School
Grades K-5 • 0.2 mi
4/10
Horace Mann Elementary School
Grades K-5 • 0.2 mi
4/10
Virginia Avenue Elementary School
Grades K-6 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 7.5 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,054 | 3,255.25 |
| Lot Size | 7,156 | 9,020 |
| Price | $420.0K | $503.0K |
| Price per sq ft | $204 | $185 |
| Built year | 1982 | 1968 |
| HOA | $0 | $0 |
| Days on market | 40 | 83 |
Pricing History
Listed for Sale
Jul 31, 2026
$420,000
Initial Listing
Sold
Jul 21, 2014
$127,500
Public Record