308 Chester, Bakersfield, CA 93301, Bakersfield, 93301 - 4 bed, 4 bath
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308 Chester
Bakersfield, CA 93301
ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,444Sq Ft
5,232Lot Size
Property Price
LIST PRICE$475,000
SUMMARY
Excellent 4-unit investment opportunity on one parcel, featuring a front triplex plus a separate rear residence. The front building includes two studio units, Units 314 and 316, along with Unit 312, a 2-bedroom / 1-bath residence. Unit 312 was updated in 2026 with LVT flooring and remodeled kitchen cabinetry. One of the studio units also received new LVT flooring in 2026. The detached rear residence, Unit 308, is a 2-bedroom / 1-bath unit that was remodeled in 2022 and features granite countertops, LVT flooring, and a private balcony. Additional property features include two 2-car garages, laundry hookups located near the garages, and recently installed window A/C units throughout the property, all replaced within approximately the past two years. With a varied unit mix, separate rear residence, garage parking, recent interior improvements, and multiple income-producing units on one parcel, this property offers an attractive opportunity for a multifamily investor.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property has undergone significant recent interior renovations within the past 1-4 years (2022 and 2026 updates), including new LVT flooring, granite countertops, and remodeled kitchen cabinetry. While the exterior and reliance on window A/C units reflect the building's older age, the units are well-maintained, functional, and move-in ready for tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Income Streams
The property features a versatile unit mix including a detached rear residence and a front triplex, providing multiple revenue sources and reduced vacancy risk on a single parcel.
- Recent Capital Improvements
Significant interior updates performed between 2022 and 2026, including LVT flooring, granite countertops, and remodeled cabinetry, minimize immediate maintenance needs for investors.
- Enhanced Tenant Amenities
The inclusion of two 2-car garages and dedicated laundry hookups offers high-value amenities that improve tenant retention and support premium rental rates.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- High Density on Small Lot
With four units and two garages situated on a 5,232 sqft lot, the property has a high building-to-land ratio, resulting in limited outdoor common space for residents.
- Lack of Central HVAC
The reliance on window A/C units rather than a central cooling system may be less energy-efficient and could be perceived as a drawback in the high-temperature Bakersfield market.
About 308 Chester
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 0
- Lot Size
- 5,232 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 7.5 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,444 | 3,050.111 |
| Lot Size | 5,232 | 8,743.333 |
| Price | $475.0K | $480.4K |
| Price per sq ft | $194 | $188 |
| Built year | 0 | 1966 |
| HOA | $0 | $0 |
| Days on market | 30 | 84 |
Pricing History
Listed for Sale
Sep 24, 2026
$475,000
Initial Listing
Sold
Aug 23, 2021
$330,000
Public Record
Sold
Mar 26, 2004
$240,000
Public Record
Sold
Mar 11, 1994
$24,000
Public Record