1231 1/2 Lincoln, Bakersfield, CA 93305, Bakersfield, 93305 - 4 bed, 2 bath
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1231 1/2 Lincoln
Bakersfield, CA 93305
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,709Sq Ft
7,540Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$263,073
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $263,074 Fair Market Value by 4%. This valuation gap offers $13,074 in Instant Equity for buyers. Featuring a Dual-Unit Configuration on a Corner Lot, the property has a Condition Rating of 5, indicating a need for significant renovation. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack and build long-term rental income in the Bakersfield market.
Estimated Market Value
$263,073+$13,073 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1231 1/2 Lincoln Subject | $250,000* List Price | 4 | 2 | 1,709 | $154 | - |
A 515 Crawford Street Active | $270,000 List Price | 0 | 0 | 1,446 | $187 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 (70 years old) with no evidence of recent renovations. The exterior shows significant deferred maintenance, overgrown vegetation, and aged roof-mounted systems. The 'investment opportunity' description and restriction on disturbing occupants suggest the interior likely requires a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Configuration
The property features two detached one-story houses on a single lot, providing an excellent opportunity for house-hacking or generating dual rental income streams.
- Corner Lot Privacy
Situated on a corner lot, both residences are individually separated with their own front and back yards, offering enhanced privacy and desirability for tenants.
- Investment Value
With a list price of $250,000 for a 4-bedroom duplex, the property offers a low entry point for investors looking to capitalize on the Bakersfield rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7540, other record lot size in square feet = 7405. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Limited Access
The explicit instruction not to disturb occupants suggests potential challenges with interior inspections and immediate possession, which may complicate the due diligence process.
- Property Age
Built in 1956, the structures may require significant capital expenditures for modernizing systems or addressing deferred maintenance common in older residential income properties.
About 1231 1/2 Lincoln
GREAT OPPORTUNITY TO INVESTMENT IN BAKERSFIELD. DO. NOT TALK OR DISTURB THE OCCUPANTS , THANKS!! TWO ONE STORY HOUSES IN A CORNER LOT INDIVIDUALLY SEPARATED WITH FRONT AND BACK YARDS. LIVE IN ONE AND RENT THE OTHER.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1956
- Lot Size
- 7,540 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 7.5 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,709 | 3,255.25 |
| Lot Size | 7,540 | 9,020 |
| Price | $250.0K | $503.0K |
| Price per sq ft | $146 | $185 |
| Built year | 1956 | 1968 |
| HOA | $0 | $0 |
| Days on market | 12 | 83 |
Pricing History
Listed for Sale
Aug 28, 2026
$250,000
Initial Listing
Sold
Oct 28, 2010
$63,000
Public Record
Sold
Mar 30, 2001
$67,500
Public Record