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
Active
$525,000
338 Norris Rd, Bakersfield, CA 93308
--beds
--baths
2,388sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$515,400 Zestimate®
$220/sqft
$-- HOA
What's special
Large lot
- 1 day |
- 29 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 03:50am
Listed by:
Sanjeev Advani DRE #01869863 661-770-7382 sunny@re-synergy.com,
Sanjeev Advani, Broker
Source: Bakersfield AOR,MLS#: 202513405
Tour with a local agent
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 & HOA
Community
- Subdivision: Glass City
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $265,301
- Annual tax amount: $5,740
- Date on market: 12/9/2025
Estimated market value
$515,400
$490,000 - $541,000
$1,360/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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
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
BuyAbility℠ payment
Est. payment
$3,300/mo
Principal & interest
$2573
Property taxes
$543
Home insurance
$184
Climate risks
Neighborhood: 93308
Nearby schools
GreatSchools rating
- 4/10Standard Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Standard 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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