1229 Jeffrey, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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Bakersfield, CA 93305
This Duplex Residential Income property is a Strong Value Opportunity, listed at $390,000—positioned slightly above the $385,100 Fair Market Value. Featuring a Mint Condition Rating following comprehensive renovations, this asset offers immediate rental readiness. The dual-income configuration provides excellent versatility for maximizing cash flow, while the central location ensures high tenant demand. Despite lower-rated local schools, the turnkey nature of the units minimizes capital expenditure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in Bakersfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1229 Jeffrey Subject | $390,000* List Price | 0 | 0 | 1,489 | $259 | - |
A 1107 Pacific Active | $330,000 List Price | 0 | 0 | 1,315 | $251 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1940, the property shows evidence of a comprehensive renovation within the last 5 years, supported by a significant price jump in sales history (2020-2022). The exterior features a newer roof, fresh paint, and new concrete work, while the description confirms updated living spaces, meeting the criteria for mint condition post-renovation.
Featuring two homes on a single lot, this duplex configuration offers excellent versatility for investors seeking rental income or homeowners looking for multi-generational living options.
The property includes updated living spaces, which reduces the immediate need for renovation capital and enhances its marketability to potential tenants.
Situated in a convenient Bakersfield location close to schools, parks, and shopping, the property provides high accessibility to everyday amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6353, other record lot size in square feet = 6534.
The assigned elementary and middle schools have low performance ratings (2/10), which may limit the property's appeal to families with school-aged children.
Built in 1940, the property may possess aging mechanical or structural systems that require more frequent maintenance compared to modern constructions.
Welcome to 1229 Jeffrey Street, 2 Homes on 1 Lot. Spacious and versatile Bakersfield property offering updated living spaces, a generous lot, and a convenient central location. Close to schools, parks, shopping, and everyday amenities, this new listing presents an excellent opportunity for homeowners and investors seeking value, comfort, and long-term potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,489 | - |
| Lot Size | 6,353 | - |
| Price | $390.0K | $549.6K |
| Price per sq ft | $262 | $176 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 17 | 79 |
Jul 6, 2026
$390,000
Initial Listing
Mar 29, 2022
$325,000
Public Record
Jul 29, 2020
$65,000
Public Record