607 Oildale Drive
Bakersfield, CA, 93308
$300,000
MLS: 26007899
Beds
4
Baths
3
Sq Ft
1,382
Lot
0.17 ac
Year Built
1939
MLS #
26007899
Days on Market
10
Listed
Oct 15, 2026
Description
Investor's Delight! Multi-Unit Property with Income Potential in Bakersfield. Calling all investors and real estate visionaries! This unique multi-unit property presents an exciting opportunity to own an income-producing property with three separate living spaces and excellent investment potential. The property features a main house with 2 bedrooms and 1 bathroom, complete with a newer roof and newer air conditioning system. In the back, you'll find a second 2-bedroom, 1-bathroom home equipped with a newer mini-split system, along with a separate studio featuring its own mini-split system. Two of the rear living spaces are currently tenant-occupied, offering an opportunity for rental income from day one. With multiple living spaces on one property, this is an appealing opportunity for investors looking to expand their rental portfolio, explore long-term income potential, or add value through future improvements. Whether you're an experienced investor or looking for your next real estate opportunity, this property offers versatility, multiple rental possibilities, and plenty of potential to make it your own. Bring your vision and unlock the possibilities! Properties with multiple living spaces like this are worth a closer look.
Location
Bakersfield, Kern County, CA 93308
Open on Google Maps ↗Listed by: Mary Johnson · Z Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,580
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $30,000 · Loan: $270,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,855
- Property tax (1.25%)
- $313
- Homeowners insurance
- $300
- Mortgage insurance
- $113
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $10,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Bakersfield, CA 93308 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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