Duplex with Covered
For Sale
$395,000
2819 Monterey, Bakersfield, CA 93306
Bakersfield, CA
Property Size2,054 SF
Lot Size0.16 Acres
Price / SF$192.31
Days on Market68
Property Features for 2819 Monterey
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 6, Kitchen, Bathroom 2, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 4
Parking
2
Parking features
Covered, Driveway, Carport
Window features
Blinds
Patio and Porch features
Patio
Interior features
Bar, Dry Bar, Ceiling Fan(s), Formica Counters
Fencing
Chain Link
Appliances
Water Heater, Free-Standing Range
Lot features
Lot 6500-9999, Irregular Lot, Front Yard, Lawn, Yard
Elementary school district
Bakersfield City
Middle school district
Bakersfield City
High school district
Bakersfield City
Directions
East of Pentz St and West of Descanso
Subdivision
BKSF - Bakersfield
Standard status
Active
APN
13708025004
Size
2,054 SF
Lot size
0.16 Acres
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX One · RE/MAX International
(818) 366-3300
Listed By:
Michele Woods · License #01136007
(818) 219-2159
Added: Jul 31
Changed: Oct 6
Last Checked: Oct 6 at 7:06PM
MLS# SR26167950
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex was built in 1982 and contains 2,054 square feet on a 0.1643-acre lot. The front unit was updated in 2024 following fire damage originating from an adjacent property. Both units include kitchens, laundry areas, tile flooring, central air, forced-air heating, and frame construction. Interior details include Formica counters, ceiling fans, a bar or dry bar, and free-standing ranges. The property also includes public water, public sewer, and available electricity.
Outdoor features include a front yard for the front unit, a side yard for the rear unit, a patio, chain-link fencing, a long driveway, street parking, and an oversized two-car covered carport. The property is located at 2819 Monterey in Bakersfield, California, within R-2 zoning.
Outdoor features include a front yard for the front unit, a side yard for the rear unit, a patio, chain-link fencing, a long driveway, street parking, and an oversized two-car covered carport. The property is located at 2819 Monterey in Bakersfield, California, within R-2 zoning.
Key Highlights
- 2,054 square feet on a 0.1643‑acre lot
- Front unit updated in 2024 after fire damage from an adjacent property
- Oversized two‑car covered carport with driveway access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,903
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,060
$538.1K
Cap Rate 7%
$384,329
$384.3K
Cap Rate 9%
$298,922
$298.9K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$40.7K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$38.4K $18.71/SF
− OpEx
−$11.5K −$5.61/SF
NOI
$26.9K $13.10/SF
Area
ZIP 93306
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,060
Cap Rate 7%
$384,329
Cap Rate 9%
$298,922
Alternative Uses
Best Use
Multifamily LT 5
$384.3K
$336.3K – $448.4K
NOI $26,903 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$345.2K
$302.0K – $402.7K
NOI $24,161 @ 7.0% cap · market cap 6.12%
Theoretical Best
Specialty Retail
$549.0K
$480.4K – $640.5K
NOI $38,432 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 93306, CA
74,623
Population
23,789
Households
3.1
Avg Household Size
32
Median Age
18%
College-Educated
77%
High-School Grad
97.3 sq mi
ZIP Area
767
Density / Sq Mi
$66,988
Median Household Income
$35,696
Median Earnings
$1,219
Median Rent
$290,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are served by public water and sewer, with driveway access and covered parking.
Where is this duplex located?
The property is located at 2819 Monterey Bakersfield, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,054 square feet on a 0.1643‑acre lot; Front unit updated in 2024 after fire damage from an adjacent property; Oversized two‑car covered carport with driveway access
