
Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well above the $305,358 Fair Market Value by 12%. While the property is currently priced above market, its Fair Condition Rating and 2005 build date offer a stable foundation for value-add renovations. The 7,405 square foot lot provides significant utility, while the Edison Elementary School District location ensures long-term appeal. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a property with manageable modernization potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 Esperanza Street Subject 3 bd · 2 ba · 1,140 sqft · $268 | $345,000* List Price | 3 | 2 | 1,140 | $268 | - |
A 9237 Butternut Sold 3 bd · 2 ba · 1,270 sqft · $238 · 0.4 mi | $302,000 | 3 | 2 | 1,270 | $238 | 0.4 mi |
B 9224 Murcott Court Sold 4 bd · 2 ba · 1,325 sqft · $263 · 0.2 mi | $348,000 | 4 | 2 | 1,325 | $263 | 0.2 mi |
C 9237 Butternut Avenue Sold 3 bd · 2 ba · 1,270 sqft · $238 · 0.4 mi | $302,000 | 3 | 2 | 1,270 | $238 | 0.4 mi |
D 8924 Butternut Sold 3 bd · 2 ba · 1,453 sqft · $237 · 0.3 mi | $345,000 | 3 | 2 | 1,453 | $237 | 0.3 mi |
E 813 Orangewood Sold 3 bd · 2 ba · 1,411 sqft · $230 · 0.5 mi | $325,000 | 3 | 2 | 1,411 | $230 | 0.5 mi |
F 9020 Lorelei Rock Drive Active 3 bd · 2 ba · 1,174 sqft · $290 · 0.5 mi | $339,900 List Price | 3 | 2 | 1,174 | $290 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, which places it in the 'Fair' category (>20 years old). The home features central HVAC systems, but the kitchen and bathrooms are likely original and dated, needing minor updates. Additionally, the exterior landscaping shows signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1140.
Built in 2005, the home is equipped with essential central forced air heating and cooling, ensuring year-round comfort in the Bakersfield climate.
The property sits on a 7,405 square foot lot, providing significant outdoor space for a home of this size, ideal for gardening, play, or potential expansion.
At 1,140 square feet for a three-bedroom residence, the interior layout may feel constrained for larger families or those requiring spacious common areas.
The property features a standard builder-grade layout without mention of recent high-end upgrades, which may necessitate additional investment to modernize the aesthetic.
Situated in Bakersfield, this 3-bedroom, 2-bath home offers 1,140 square feet of living space on a 7,405 square foot lot. The interior features central forced air heating and central air conditioning for year-round comfort. The kitchen and family room are combined, providing an open layout that includes a breakfast bar and a breakfast room for casual dining. Additional amenities include a two-car garage and a dedicated dining area. This property is located within the Edison Elementary School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,140 | 1,656.81 |
| Lot Size | 7,405 | 8,069.772 |
| Price | $345.0K | $414.9K |
| Price per sq ft | $303 | $246 |
| Built year | 2005 | 1986 |
| HOA | $0 | $180 |
| Days on market | 30 | 65 |
Sep 24, 2026
$345,000
Initial Listing
Sep 6, 2007
$205,000
Public Record