515 Wallace St, Bakersfield, CA 93307
Property image
Property image
OFF MARKET

$419,700

Trulia Estimate
  • Studio
  • 2,151 sqft

515 Wallace St, Bakersfield, CA 93307

Lakeview
Est. Refi. Payment $2,744/mo*
Refinance Your Home
Currently Off Market - Sold Jun 27, 2025 for $415,000

Home Value

Trulia Estimate
$420K
Since last month
Increased$5K (+1.1%)
Since last year
Increased$7K (+1.7%)
Since last sale
Increased$6K (+1.4%)
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 +132% in the last 10 years
MonthEstimated value
2026
August 2026$421K
August 2026$419K
July 2026$416K
June 2026$418K
May 2026$417K
April 2026$412K
March 2026$418K
February 2026$414K
January 2026$419K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.44
Multi-Family Home
$315,000
09/23/25
-
1,104
0.44
Multi-Family Home
$725,000
11/12/25
-
3,924
0.81
Multi-Family Home
$320,000
02/24/26
-
2,414
0.68
Multi-Family Home
$305,000
09/23/25
-
1,192
0.80
Multi-Family Home
$352,250
01/02/26
-
1,984
0.80
Multi-Family Home
$352,250
01/02/26
-
1,984
0.90
Multi-Family Home
$350,000
10/14/25
-
2,195

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
0.03
$99,000
-
-
-
For Sale
0.03
$900,000
Studio
-
1,950
For Sale
0.07
$223,000
2
1
1,115
Recently Sold
0.15
$257,800
2
1
928
Off Market
0.18
$357,300
3
2
2,374
Off Market
0.18
$35,000
-
-
-
Recently Sold
0.19
$290,000
3
1
1,052
Recently Sold
0.19
$281,300
3
2
1,143
Off Market
0.22
$337,000
4
2
1,612
Off Market
0.24
$212,600
2
2
576
Recently Sold
0.22
$339,100
3
1
1,600
Off Market

Local Information

  • Map ViewExplore the area around 515 Wallace St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2004
2,151 sqft
$195/sqft
Open Parking

About this House

Here is your chance to own this turnkey duplex with each unit offering 3B/2B ready for immediate occupancy! Enjoy alley access, multiple parking spaces in both the front & back, plus added concrete in front for more parking options. A spacious 16x20 storage building provides ample room for tools, seasonal items, or extra tenant storage helping to keep both units clutter-free and organized. The outdoor space has been intentionally designed with a spacious side yard with low-maintenance artificial turf perfect for play, pets, or extra entertaining space. Plus, a second covered patio area offers more room to relax or host guests in comfort & style under the stylish sail canopy complete with cafe lighting. The back unit features a newer AC system installed in 2019, and both units are equipped with newer water heaters installed in 2022, offering energy efficiency. With separate gas meters already in place, this property is ready for owner-occupants or those seeking rental potential.
515 Wallace St, Bakersfield, CA 93307 is a studio, 2,151 sqft multi-family in Lakeview, built in 2004. It last sold for $415,000 on Jun 27, 2025 (3% below the $430,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $419,700, with a rent estimate of $1,600/month.
Last check for updates: about 4 hours ago
Listed by Laurice F. McCarty DRE #1090506, (661) 665-7653
Coldwell Banker Preferred,RLT
Bought with: Veronica Gomez, Houstir Inc
Source: Bakersfield AOR, MLS#202504550

Home Details for 515 Wallace St

Active Status

MLS Status: Sold

Interior Features

Dimensions and Layout
Living Area: 2151 Square Feet
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: One

Exterior Features

Parking & Garage
No GarageHas Open ParkingParking: Open,Other

Days on Market

Cumulative Days on Market: 9

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Attached To Another Structure
Property Information
Parcel Number: 13925107

Price & Status

Price
List Price: $430,000

Location

Direction & Address
City: BakersfieldCommunity: Union Avenue Tract Addition #1
School Information
Elementary School: Fremont_BakElementary School District: Bakersfield CityJr High / Middle School: Other-OutlyingHigh School: Bakersfield

Building

Building Area
Building Area: 2151 Square Feet

Lot Information

Lot Area: 7840 sqft

Miscellaneous

Mls Number: 202504550Attribution Contact: 661-665-7653, laurie@themccartygroup.com

Price and Tax history

DateEventPrice
Jun 27, 2025
Source: Bakersfield AOR #202504550
Sold
$415,000
May 14, 2025
Source: CRMLS #SR25089449
Pending
$430,000
May 5, 2025
Source: Bakersfield AOR #202504550
Listed For Sale
$430,000
Mar 28, 2017
Source: N/A
Sold
$165,000
Nov 16, 2016
Source: Agent Provided
PriceChange
$170,000
Price decreased by 8%

Market trends in Bakersfield

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lakeview

At least 37 Trulia users voted on each feature.
  • 84 % Say parking is easy

  • 84 % Say there are sidewalks

  • 76 % Say yards are well-kept

  • 73 % Say car is needed

  • 71 % Say kids play outside

  • 59 % Say it's walkable to grocery stores

  • 57 % Say there's holiday spirit

  • 40 % Say they plan to stay for at least 5 years

  • 39 % Say it's dog friendly

  • 38 % Say neighbors are friendly

  • 38 % Say streets are well-lit

  • 31 % Say there are community events

  • 29 % Say it's quiet

  • 28 % Say there's wildlife

  • 24 % Say people would walk alone at night

  • 24 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "this is such a good neighborhood. clean yards, children playing, people walking their dogs. it's just a good atmosphere. lot's of trees. just beautiful. "
  • Laquisha F.
    "I lived in the neighborhood years ago, it was quite friendly and so were the residents. I’m not really sure how it is now."
  • Maribel H.
    "Loose dogs without their dog collar . Can’t leave anything nice outside. Someone will steel it . It’s close to union "
  • Manuel R.
    "It’s family oriented and everyone looks out for one another. Been living here for over 3 years already."
  • Deelynn625
    "Not the best area but it's home only 3 shootings down the street since Feb 2018. There is a lot of homeless people but majority of them aren't that bad."
  • Edith C.
    "horrible neighboorhood not recommemded for any decent human being"

LGBTQ Local Legal Protections

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

Frequently asked questions about 515 Wallace St

  • What is 515 Wallace St estimated to be worth?
    Trulia's estimated value for 515 Wallace St in Bakersfield, CA is $419,700.
  • What is the price history for 515 Wallace St?
    515 Wallace St in Bakersfield, CA last sold for $415,000 in June 2025.
  • 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.
  • Does 515 Wallace St have parking?
    Yes, 515 Wallace St in Bakersfield, CA has on-site parking.
  • Is there a virtual tour of 515 Wallace St?
    Yes, a virtual tour of 515 Wallace St in Bakersfield, CA is available.

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