
Bakersfield, CA 93308
This 5-bedroom residential asset represents a Strong Value Opportunity, listed at $379,999—positioned well below the $423,868 Fair Market Value by 10%. This valuation gap provides $43,869 in Instant Equity. With a Condition Rating of 4, the home features a pool and spa but requires cosmetic updates to modernize its 1937 vintage infrastructure. The flexible floor plan and detached garage offer significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Property is moderate renovation needed.
Originally built in 1937, the property shows signs of a renovation that is likely 20-25 years old. The kitchen features dated tile countertops and wood cabinetry with visible wear and scuffing, while the bathrooms and built-ins reflect an older design aesthetic. While functional and move-in ready, the home requires cosmetic updates and minor repairs to address aging finishes.
Featuring 5 bedrooms and 3 bathrooms within 1,947 sqft, this property offers rare capacity and a flexible floor plan ideal for large families or multi-generational living.
The private backyard is equipped with an in-ground swimming pool and attached spa, providing a high-value entertainment space that is highly desirable in the Bakersfield climate.
The property boasts a gated front yard, an extended driveway, and a detached garage with additional workspace, offering superior parking and storage options compared to standard residential lots.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6344, other record lot size in square feet = 6534.
Built in 1937, the home may require significant updates to aging systems such as plumbing, electrical, or insulation to meet modern efficiency and safety standards.
With a 5-bedroom structure, a detached garage, and a pool all situated on a 6,344 sqft lot, there is very little remaining green space or traditional lawn area for other uses.
Space, versatility, and backyard fun await in this 5-bedroom, 3-bathroom home! Offering a flexible floor plan with multiple living areas, this property provides plenty of room to spread out and make it your own. Inside, you'll find a spacious living room with a fireplace and abundant natural light, a kitchen featuring rich wood cabinetry, tile countertops, and stainless-steel appliances, plus a separate dining area. Additional living spaces offer flexibility for a home office, hobby room, or entertainment area. Step outside to enjoy a private backyard featuring an in-ground swimming pool with an attached spa, surrounded by generous concrete patio space ideal for outdoor gatherings. The property also features an extended driveway, gated front yard, and detached garage with additional storage and workspace potential. With a combination of functional living space, outdoor amenities, and opportunities for personal touches, this property is ready for its next chapter!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,947 | 1,656.81 |
| Lot Size | 6,344 | 8,069.772 |
| Price | $380.0K | $414.9K |
| Price per sq ft | $195 | $246 |
| Built year | 1937 | 1986 |
| HOA | $0 | $180 |
| Days on market | 14 | 65 |
Oct 10, 2026
$379,999
Initial Listing
Jun 20, 2003
$30,000
Public Record