About This Home

This 2-bedroom, 1-bathroom single family at 314 Monterey Street in Bakersfield, CA is listed for $249,900 ($186 per sqft). Built in 1981, the home offers 1,341 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1981
  • 0.17 acre lot
  • Fireplace

Property Details

1 story
1 full
1981

Amenities

SolarFireplace
Listing Description

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 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: We had Rents apps at $1600 front unit and $1000 back unit.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

314 Monterey Street

Bakersfield, CA 93305

Property Details

Parking

Covered

Questions & Answers

This 2-bedroom, 1-bathroom single family at 314 Monterey Street is listed at $249,900 ($186/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.17 acre lot, Fireplace.

This property is listed by Ian A Mellon.

IM

Ian A Mellon

Agent at Keller Williams Realty Bakersfield

Listed by Keller Williams Realty Bakersfield · Broker phone: (661) 617-6500 · View on Broker Site · Broker website

MLS# 202610684· Source: Golden Empire MLS, Inc.· 22 days on PropertySimple

Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

314 Monterey Street, Bakersfield, CA 93305

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