1107 Pacific, Bakersfield, CA 93305, Bakersfield, 93305 - bed, bath

1107 Pacific, Bakersfield, CA 93305 home-pic-0
ACTIVE$330,000$1,315/sqft
1107 Pacific, Bakersfield, CA 93305
0Bed
0Bath
1,315Sqft
7,541Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a duplex with one unit currently rented for $1,700/month and the second unit vacant, offering immediate and potential rental income streams for investors or owner-occupants.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7541, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1315, other record living area = 980.

Compared to the nearby listings

Price:$330.0K vs avg $575.0K ($-245,000)33%
Size:1,315 sqft vs avg 1,315 sqft50%
Price/sqft:$251 vs avg $16867%

More Insights

Built in 1935 (91 years old).
Condition: The property has undergone significant recent cosmetic renovations, including new LVP flooring, fresh paint, modern light fixtures, and updated bathrooms with new vanities, fixtures, and subway tile. The main kitchen features new white shaker cabinets, quartz countertops, and a modern sink/faucet. However, major kitchen appliances (stove, refrigerator) are missing in the main unit, and the ADU's 'full kitchen' is a basic kitchenette, requiring immediate purchases for full functionality. While the visible updates are high quality and recent, the property's 1935 build year suggests potential for aging underlying systems (plumbing, electrical, HVAC) that are not explicitly stated as updated, preventing an 'Excellent' rating. The recent cosmetic updates are too modern for a 'Fair' rating.
Year Built
1935
Close
-
List price
$330K
Original List price
-
Price/Sqft
$251
HOA
$0
Days on market
-
Sold On
-
MLS number
OC25265333
Home ConditionGood
Features
View-

About this home

Welcome to 1107 Pacific Street, a beautifully maintained duplex style offering the perfect blend of charm, functionality, and investment potential. The main house features 3 bedrooms and 1 bath across approximately 980 sq. ft., while the detached ADU includes 1 bedroom, 1 bath, and a full kitchen in roughly 335 sq. ft. The front unit is currently rented for $1,700 per month, providing immediate income, while the rear unit is vacant, ready to lease at market rent or ideal for an owner looking to live onsite. Each unit has been thoughtfully updated while maintaining its classic architectural appeal. Both enjoy dedicated parking, and the property sits on a 7,405 sq. ft. lot zoned R-3, allowing flexible use and future potential. Located in one of Bakersfield’s most central and convenient neighborhoods, just minutes from Downtown Bakersfield, shopping, dining, and major highways, this home offers the ideal balance of lifestyle and return on investment. Whether you’re a first-time investor, a multi-generational family, or someone seeking a home with built-in rental income.

A
Alex Duarte
Listing Agent

Price History

Date
Event
Price
08/06/24
Sold
$315,000
02/02/24
Sold
$100,000
10/15/08
Sold
$65,000
10/01/01
Sold
$24,000
Condition Rating
Good

The property has undergone significant recent cosmetic renovations, including new LVP flooring, fresh paint, modern light fixtures, and updated bathrooms with new vanities, fixtures, and subway tile. The main kitchen features new white shaker cabinets, quartz countertops, and a modern sink/faucet. However, major kitchen appliances (stove, refrigerator) are missing in the main unit, and the ADU's 'full kitchen' is a basic kitchenette, requiring immediate purchases for full functionality. While the visible updates are high quality and recent, the property's 1935 build year suggests potential for aging underlying systems (plumbing, electrical, HVAC) that are not explicitly stated as updated, preventing an 'Excellent' rating. The recent cosmetic updates are too modern for a 'Fair' rating.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex with one unit currently rented for $1,700/month and the second unit vacant, offering immediate and potential rental income streams for investors or owner-occupants.
Detached ADU: Features a separate, fully equipped detached ADU (1 bed, 1 bath, full kitchen), significantly enhancing rental income potential and providing versatile living arrangements.
R-3 Zoning & Lot Potential: Situated on a 7,541 sq ft lot with R-3 zoning, allowing for flexible use, potential for future expansion, or additional development opportunities.
Prime Central Location: Located in a central and convenient Bakersfield neighborhood, minutes from Downtown, shopping, dining, and major highways, appealing to a broad tenant base.
Updated Units with Classic Charm: Both units have been thoughtfully updated while retaining classic architectural appeal, reducing immediate renovation needs and enhancing marketability.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7541, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1315, other record living area = 980.
Age of Property: Built in 1935, the property's age may imply potential for aging infrastructure (plumbing, electrical, roof) that could require future maintenance or costly upgrades despite recent updates.
Compact Unit Sizes: The main house (3 bed, 1 bath at ~980 sq ft) and ADU (~335 sq ft) are relatively small, which might limit appeal to larger families or those seeking more spacious living.
Recent Price Increase: The current list price of $330,000 is higher than the last recorded sale price of $315,000 in August 2024, which may require justification to potential buyers.
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