
Bakersfield, CA 93305
This Single Family Residence represents a Strong Value Opportunity, listed at $285,000—positioned well above the $269,971 Fair Market Value by 5%. While the property carries a Good Condition Rating with recent exterior updates, the compact 848 sqft footprint is balanced by a generous 7,493 sqft lot, offering significant potential for an ADU or landscaping expansion. This asset provides an accessible entry point for Buy-and-Hold Investors or first-time buyers seeking a functional, move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1007 E 18th Subject | $285,000* List Price | 2 | 1 | 848 | $318 | - |
A 1102 E 18th Street Pending | $270,000 List Price | 2 | 1 | 848 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1936, the property shows evidence of mid-life updates including dual-pane vinyl windows and newer stucco. The significant price appreciation since the 2022 sale suggests a recent interior renovation (likely within the last 3-5 years), placing it in the 'Good' category as a functional, move-in ready home, despite the need for basic yard maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7493, living area = 848.
The property sits on a generous 7,493 sqft lot, offering significant potential for landscaping, outdoor entertaining, or the addition of an Accessory Dwelling Unit (ADU).
Priced at $285,000 with no monthly HOA fees, this home represents a highly accessible entry point for first-time homebuyers or investors seeking a rental opportunity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7493, other record lot size in square feet = 7405.
With only 848 square feet of living area and a single bathroom, the compact footprint may be restrictive for growing families or those requiring a home office.
Due to the home's age of nearly 90 years, buyers should expect the need for updates to major systems like plumbing, electrical, and insulation to meet modern efficiency standards.
Exceptional opportunity in Bakersfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 848 | 1,234 | 15% |
| Lot Size | 7,493 | 6,767 | 69% |
| Price | $285.0K | $280.0K | 54% |
| Price per sq ft | $336 | $208 | 92% |
| Built year | 1936 | 1953 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 130 | 8% |
May 19, 2026
$285,000
Initial Listing
Jan 31, 2022
$155,000
Public Record
Apr 23, 2010
$45,000
Public Record
Jul 16, 2002
$60,000
Public Record
Jul 16, 2001
$30,000
Public Record