
Bakersfield, CA 93308
This property presents a High-Potential Investment Opportunity with a List Price of $199,999—positioned well below the $195,199 Fair Market Value by -2%. Featuring a Condition Rating of 5, this 1936-built asset requires significant rehabilitation to address aging infrastructure and limited 462 sq. ft. living space. However, the secure lot with wrought iron electric gate and strong rental demand in North Bakersfield provide a clear path for value-add strategies. This is a tactical acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Roberts Subject | $199,999* List Price | 2 | 1 | 462 | $423 | - |
A 121 Roberts Active | $199,999 List Price | 2 | 1 | 462 | $433 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1936 (88 years old), this property is well beyond the 30-50 year threshold for major systems. While the interior shows some tile flooring and newer doors, the 'full of potential' description and visible interior window bracing suggest safety or structural issues requiring significant rehab.
The property is fully enclosed with block wall fencing and features a wrought iron electric gate, offering a high level of security and privacy for the price point.
Priced under $200,000 in an area with high rental demand, this property serves as an ideal entry-level opportunity for investors or first-time buyers looking for affordability.
Conveniently situated near major commuter routes, public transportation, and local shopping, the home offers excellent accessibility for working professionals.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3626, other record lot size in square feet = 2178.
At only 462 square feet for a two-bedroom layout, the interior living space is exceptionally small and may be challenging for many buyers to utilize effectively.
Built in 1936, the home's age suggests potential needs for significant updates to major systems and structural components to meet modern standards.
Don't miss the opportunity to own this charming 2-bedroom, 1-bath home that's full of potential. Situated on a 3,484 sq. ft. lot in the established North Bakersfield neighborhood. This property features block wall fencing and a wrought iron electric gate, providing both privacy and security. Conveniently located near shopping, schools, public transportation, and major commuter routes, this home offers both comfort and convenience. Whether you're a first-time homebuyer looking for an affordable place to call home or an investor seeking a property in an area with strong rental demand, this is an opportunity worth exploring. Schedule your private showing today and discover the possibilities this property has to offer!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 462 | 1,645.732 |
| Lot Size | 3,626 | 7,650.063 |
| Price | $200.0K | $399.2K |
| Price per sq ft | $433 | $242 |
| Built year | 1936 | 1984 |
| HOA | $0 | $175 |
| Days on market | 35 | 64 |
Aug 5, 2026
$199,999
Initial Listing
Jul 7, 2005
$60,000
Public Record
Aug 31, 1999
$10,500
Public Record