507 Oleander Ave, Bakersfield, CA 93304
Property image
Property image
OFF MARKET

$512,500

Trulia Estimate
  • Studio
  • 2,978 sqft (on 0.34 acres)

507 Oleander Ave, Bakersfield, CA 93304

Oleander Sunset
Est. Refi. Payment $3,331/mo*
Refinance Your Home
Currently Off Market - Sold Dec 13, 2024 for $420,000

Home Value

Trulia Estimate
$513K
Since last month
Increased$48K (+10.2%)
Since last year
Increased$96K (+23%)
Since last sale
Increased$93K (+22%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +14% in the last 10 years
MonthEstimated value
2026
September 2026$513K
August 2026$505K
July 2026$465K
June 2026$435K
May 2026$421K
April 2026$416K
March 2026$421K
February 2026$420K
January 2026$421K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
625 A St, Bakersfield, CA
0.24
Multi-Family Home
$537,500
04/28/26
-
2,596
2301 Buena Vista St, Bakersfield, CA
0.24
Multi-Family Home
$735,000
09/25/25
-
3,360
200 Eye St, Bakersfield, CA
0.49
Multi-Family Home
$515,000
10/10/25
-
3,441
531 H St, Bakersfield, CA
0.24
Multi-Family Home
$430,000
06/02/26
-
1,580
1300 H St, Bakersfield, CA
0.57
Multi-Family Home
$400,000
06/22/26
-
3,212
1822 Maple St, Bakersfield, CA
0.30
Multi-Family Home
$315,000
10/13/25
-
1,856
1316 H St, Bakersfield, CA
0.58
Multi-Family Home
$470,000
06/22/26
-
3,212
606 L St, Bakersfield, CA
0.53
Multi-Family Home
$320,000
02/24/26
-
2,414

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
432 Holtby Rd, Bakersfield, CA 93304
0.04
$366,300
Studio
-
2,453
Off Market
2122 Palm St, Bakersfield, CA 93304
0.07
$230,000
3
1
1,470
Recently Sold
2126 Palm St, Bakersfield, CA 93304
0.07
$319,600
3
1
1,168
Off Market
421 Holtby Rd, Bakersfield, CA 93304
0.09
$308,200
3
2
1,681
Off Market
401 Holtby Rd, Bakersfield, CA 93304
0.10
$334,800
2
1
1,258
Off Market
326 Holtby Rd, Bakersfield, CA 93304
0.12
$220,100
3
1
672
Off Market
324 Holtby Rd, Bakersfield, CA 93304
0.13
$406,600
Studio
-
1,772
Off Market
524 B St, Bakersfield, CA 93304
0.11
$378,999
3
3
1,595
For Sale
7915 Palm St, Bakersfield, CA 93304
0.15
$445,600
3
2
-
Off Market
7918 Palm St, Bakersfield, CA 93304
0.15
$492,200
3
2
-
Off Market
7814 Palm St, Bakersfield, CA 93304
0.15
$482,900
3
2
-
Recently Sold

Local Information

  • Map ViewExplore the area around 507 Oleander Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1950
0.34 acre lot
2,978 sqft
$172/sqft
Garage

About this House

This incredible property features a spacious 5-bedroom, 3-bath main home with a 2-car garage, private yard, and an oversized driveway. In the back, you'll find a duplex with two 1-bedroom, 1-bath units, perfect for additional rental income. All units are on separate meters, and the entire property sits on a generous 14,000 sq. ft. lot. Currently tenant-occupied, this is a fantastic investment opportunity with built-in cash flow. Act now!
507 Oleander Ave, Bakersfield, CA 93304 is a studio, 2,978 sqft multi-family in Oleander Sunset, built in 1950. It last sold for $420,000 on Dec 13, 2024 (7% below the $450,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $512,500, with a rent estimate of $1,491/month.
Last check for updates: about 7 hours ago
Listed by Eric Mora DRE #01879460, (661) 463-8186
The Mora Partners Inc.
Bought with: Amber Ranger DRE #01722460, (661) 703-4482, Watson Realty
Source: Bakersfield AOR, MLS#202409199

Home Details for 507 Oleander Ave

Active Status

MLS Status: Sold

Interior Features

Dimensions and Layout
Living Area: 2978 Square Feet
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: One

Exterior Features

Parking & Garage
Has a GarageHas Open ParkingParking: Garage,Open

Days on Market

Cumulative Days on Market: 62

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 00733206

Price & Status

Price
List Price: $450,000

Location

Direction & Address
City: BakersfieldCommunity: Chester Tract
School Information
Elementary School: Penn, WilliamElementary School District: Bakersfield CityJr High / Middle School: EmersonHigh School: Bakersfield

Building

Building Area
Building Area: 2978 Square Feet

Lot Information

Lot Area: 0.34 acres

Miscellaneous

Mls Number: 202409199Attribution Contact: 661-463-8186, offers@teamericmora.com

Price and Tax history

DateEventPrice
Dec 13, 2024
Source: Bakersfield AOR #202409199
Sold
$420,000
Sep 20, 2024
Source: Bakersfield AOR #202409199
Listed For Sale
$450,000

Market trends in Bakersfield

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$401K
$2.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$237
$0MoM
Available listings
1494
67MoM

Around this home

Neighborhood Overview

Oleander Sunset
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Oleander Sunset

At least 82 Trulia users voted on each feature.

  • 86 % Say parking is easy

  • 84 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 76 % Say car is needed

  • 69 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 58 % Say kids play outside

  • 53 % Say it's walkable to restaurants

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to grocery stores

  • 50 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 40 % Say people would walk alone at night

  • 36 % Say streets are well-lit

  • 23 % Say there's wildlife

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Shauna.searchkern
    "I’ve lived here for 5 years. I love it! My neighbor is amazing and I have had really no issues… there a bit of traffic in the alley way and some sketchy people that walk back there but over all it’s a great place to live!"
    0
    Flag
  • Trulia User
    "the commute is fantastic very good and convenient . and clean environment rapid and neighborhood friendly "
    2
    Flag
  • Trulia User
    "I've he here around 9 months and it's nice and quiet, neighbors are nice , gas station and store are not to far "
    4
    Flag
  • Trulia User
    "I love my neighborhood…. Everyone looks out for everyone else and it’s just a great place to live! Not to mention the old school charm and character of the homes!!!"
    0
    Flag
  • Trulia User
    "Oleander is one of bakersfield oldest neighborhoods...it may have a few areas that need to be improved due to the increase in the homeless population, but they even choose the area because of how quiet it is"
    9
    Flag
  • Trulia User
    "unique houses that are built to last forever. very neighborly people who are concerned about what is going on in the neighborhood"
    5
    Flag
  • Trulia User
    "Lots of off leash dogs. I carry dog pepper spray as a deterrent just in case one is overly aggressive. Neighbors pit gets out and roams regularly. "
    0
    Flag
  • Trulia User
    "not big yards for big dogs at most houses. some places are apartments/duplexes with small yards and the parks are not that dog friendly. "
    0
    Flag
  • Trulia User
    "everyone in the neighborhood keeps their yards so well kept. very hospital neighbors. neighborhood watch and everyone looking out for the good of one another"
    2
    Flag
  • Mary A.
    "Easy freeway access no matter which way you need to go. North and south on the 99 or East/ West on the 58. "
    0
    Flag
  • Cheryl N. H.
    "Overrun by the homeless, theft, property destruction and homeless animals. Most neighbors keep to themselves have their windows, blinds, shutters closed and locked. Constant fire and police sirens along with fireworks and gunshots throughout the night. Most people try to take pride in their home and property but many are just renters and could care less about the property."
    16
    Flag
  • Hermie G.
    "This place is great quiet and clean I love this place parking everywhere. My neighbor are so friendly "
    3
    Flag
  • Terpincali
    "Accessible public transportation all around. Sidewalks on most streets. Street lights on the major thoroughfares "
    1
    Flag
  • James C
    "Park is nice in the daytime, maybe not so great after dark. Water for children to play in during summer is nice."
    3
    Flag
  • Richard a. P. F.
    "Special real special because everything is around me restaurants, fast food, gas stations, grocery store, pharmacy. "
    0
    Flag
  • Sandra M.
    "Love the older homes, mature trees, the friendly neighbors a easy access to downtown and freeways. I plan to retire here."
    16
    Flag
  • Valerie W.
    "We like the community diversity. We like that everything is well with a few miles, no great driving distance, Best of all the local community theater is close. You can feel safe when you come to visit & take your evening stroll."
    1
    Flag
  • Virginia G.
    "Easy An close to shopping areas , also close to my work , streets are good friendly kind people! Neighbor hood watch & meeting for walks at the park"
    0
    Flag
  • Virginia G.
    "There’s always stray dogs , it’s a normal neighborhood to walk your dog! It’s got lots of trees , sidewalks , "
    1
    Flag
  • Anika W.
    "I moved to the neighborhood 3yes ago from the East Bay Area . I have found it to be very welcoming & Safe . My daughter will be a Jr Driller this yr so we will be here🤗"
    11
    Flag
  • Dblucas
    "Living here until I rent in northwest Bakersfield. More crime in this area so looking to rent in northwest. "
    9
    Flag

LGBTQ Local Legal Protections

Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.

Frequently asked questions about 507 Oleander Ave

  • What is 507 Oleander Ave estimated to be worth?
    Trulia's estimated value for 507 Oleander Ave in Bakersfield, CA is $512,500.
  • What is the price history for 507 Oleander Ave?
    507 Oleander Ave in Bakersfield, CA last sold for $420,000 in December 2024.
  • Is Bakersfield a buyer's or seller's market?
    Bakersfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Bakersfield?
    The median sale price in Bakersfield is $401K. That is up $2.67K from the prior month.

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