1115 19 St, Bakersfield, CA 93305, Bakersfield, 93305 - 3 bed, 1 bath
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Bakersfield, CA 93305
This High-Potential Investment Opportunity is listed at a List Price of $249,000—positioned well below the $285,752 Fair Market Value by 12%. This valuation gap provides $36,752 in Instant Equity. Featuring a Mint Condition Rating with a remodeled kitchen and bath, the property offers immediate rental readiness. The M1 Zoning and 7,506-square-foot lot with alley access provide significant ADU development potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready asset with long-term growth.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (likely <5 years) featuring a fully remodeled modern bathroom with a walk-in rain shower, an updated kitchen with new countertops and backsplash, and new tile and laminate flooring throughout. It is in mint, move-in-ready condition.
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 = 984.
The 7,506-square-foot lot features alley access, M1 zoning, and existing RV hookups with sewer connections, providing significant potential for an ADU or additional improvements.
The home is move-in ready with a recently updated kitchen and a remodeled bathroom featuring a walk-in shower, laminate flooring, and contemporary finishes.
With three bedrooms but only one bathroom, the layout may be restrictive for larger families and could impact future resale appeal compared to homes with multiple baths.
The M1 (Light Industrial) zoning may complicate traditional residential financing and could affect the long-term residential character of the immediate surroundings.
Move-in-ready 3-bedroom, 1-bath home offering approximately 984 square feet of living space. Zoned M1. The interior features an updated kitchen with ample cabinetry, modern countertops, tile flooring, and a remodeled bathroom with a spacious walk-in shower. Additional highlights include laminate flooring in the bedrooms, neutral interior colors, and a fully fenced front yard. Situated on a flat 7,506-square-foot lot with convenient alley access, the property offers ample outdoor space and potential for an ADU or additional improvements. The seller report electrical service in the rear portion property, along with two sewer connections intend for RV use. An excellent opportunity for a first-time buyer, owner-occupant, or investor seeking a rental property. Buyer to independently verify zoning, permits, ADU feasibility, square footage, and all development possibilities with the appropriate authorities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 984 | - |
| Lot Size | 7,506 | - |
| Price | $249.0K | $399.2K |
| Price per sq ft | $253 | $245 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 57 |
Jul 7, 2026
$249,000
Initial Listing