
Bakersfield, CA 93304
This Residential Value-Add Asset is listed at $239,999, relative to a $122,812 Fair Market Value. The property holds a Condition Rating of 6, with the 1947 structure showing significant deferred maintenance and cracked stucco. Its core strength is the 7,506 sqft lot, providing high utilization for expansion or an ADU. Situated near Sequoia Middle School and Wayside Elementary, the location benefits from ongoing local development and strong neighborhood demand. This is a high-potential acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on land-value flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1108 S Chester Subject | $239,999* List Price | 3 | 1 | 1,167 | $105 | - |
A 931 Terrace Way Sold | $200,000 | 2 | 1 | 924 | $216 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1947 (>70 years old) with no mention of renovations. The listing description focuses on 'potential' and 'flexibility for future use' rather than the home's interior, and exterior images show significant deferred maintenance and cracked stucco, meeting the criteria for land-value focus.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7506, living area = 1167.
Listed at $239,999, this property offers an accessible entry point for first-time homebuyers or investors seeking a high-potential asset in the Bakersfield market.
The 7,506 square foot lot provides ample outdoor space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), offering significant flexibility for future use.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7506, other record lot size in square feet = 7405.
With three bedrooms but only one bathroom, the current configuration may be a drawback for larger households and could limit the property's competitive edge in the rental or resale market.
Built in 1947, the property likely requires modernization of its core systems and cosmetic updates to meet contemporary living standards and energy efficiency expectations.
Property offers strong potential in a well-established Bakersfield location with convenient access to major roadways, surrounding neighborhoods, schools, shopping, and essential services. The site is positioned within an area experiencing ongoing local development and provides flexibility for future use.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 1,167 | 1,327 | 40% |
| Lot Size | 7,506 | 6,963 | 73% |
| Price | $240.0K | $320.0K | 20% |
| Price per sq ft | $206 | $242 | 20% |
| Built year | 1947 | 1961 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 222 | 7% |
Apr 16, 2026
$239,999
Initial Listing