12320 Cattle King Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 3 bed, 2 bath
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Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $460,000—positioned well above the $324,407 Fair Market Value by 41%. While the property requires significant rehabilitation due to its Condition Rating of 5, the expansive 19,341 sqft lot and open-concept floor plan provide a solid foundation for value-add renovations. Zoned for the highly-rated Cesar E. Chavez Elementary School, this asset offers long-term potential for Fix-and-Flip Investors or Contractors capable of modernizing the aging infrastructure to meet current market standards.
Property is extensive renovation needed.
Built in 1982 with no apparent updates in over 40 years. The kitchen and bathrooms feature original dark wood cabinetry and dated tile countertops. Significant interior wear is visible, including heavily soiled carpeting and carpeted bathrooms, which indicates a need for a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19341, living area = 2393.
At nearly half an acre (19,341 sqft), the property provides exceptional outdoor space for recreation, gardening, or potential future additions, offering a level of privacy and utility rare in standard residential lots.
With 2,393 square feet of living space for a 3-bedroom home, the property offers a significantly larger footprint than average, featuring a functional open-concept layout and a bright living area with a fireplace.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19341, other record lot size in square feet = 19166.
The property was recently sold within the past year on 2026-03-31. The sold price is $347,500.00.
Built in 1982, the home may require updates to its major systems or cosmetic finishes to meet modern energy efficiency and contemporary design standards.
Welcome to this charming 3-bedroom, 2-bathroom home offering comfort and functionality. The open-concept living and dining areas create an inviting space for family gatherings and everyday living. The spacious floor plan features a bright living area with a fireplace, a well-appointed kitchen with ample cabinet and counter space, breakfast bar and dinning area.
No exterior & parking available.
Grades K-6 • 3.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,393 | - |
| Lot Size | 19,341 | - |
| Price | $460.0K | $399.2K |
| Price per sq ft | $192 | $245 |
| Built year | 1982 | 0 |
| HOA | $275 | $0 |
| Days on market | 42 | 57 |
Jun 10, 2026
$460,000
Initial Listing
Mar 31, 2026
$347,500
Public Record
Dec 10, 1999
$189,000
Public Record