1305 Castaic Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 2 bed, 1 bath
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Bakersfield, CA 93308
This property presents a Strong Value Opportunity with a List Price of $225,000—positioned well below the $224,013 Fair Market Value by -0.44%. While the home carries a Condition Rating of 5, the newer central HVAC and attached garage provide a solid foundation for value-add projects. The large gated backyard and potential for an ADU conversion offer significant upside for forced appreciation. This is a high-potential investment asset 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 |
|---|---|---|---|---|---|---|
★ 1305 Castaic Avenue Subject | $225,000* List Price | 2 | 1 | 1,007 | $222 | - |
A 618 Woodrow Avenue Sold | $240,000 | 2 | 2 | 1,128 | $213 | 0.9 mi |
B 616 Ray Street Active | $239,900 List Price | 3 | 2 | 1,168 | $205 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (72 years old) with no evidence of major renovations to the kitchen or bathroom. While the listing mentions a newer HVAC system, the interior shows significant wear, dated fixtures, and unfinished-style flooring, indicating the property requires a comprehensive rehab to meet modern standards.
The property features a newer central HVAC system, which is a significant value-add for a 1950s-era home in the Bakersfield climate, ensuring immediate comfort and energy efficiency.
The attached garage with direct access and the large gated backyard offer excellent opportunities for an ADU conversion or expansion, providing significant upside for investors or growing families.
Priced competitively at $225,000, this home serves as an ideal entry-level opportunity for first-time buyers looking for an affordable monthly payment in a challenging market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6244, other record lot size in square feet = 6098.
With only 1,007 square feet and a two-bedroom layout, the home's compact footprint may be restrictive for larger households or those requiring a dedicated home office.
The 2-bedroom, 1-bathroom configuration can be a drawback for modern buyers, potentially limiting the property's functionality and appeal compared to homes with multiple bathrooms.
Excellent opportunity to own this great starter home with 2+1 with spacious kitchen, newer central HVAC, attached garage with direct access to dwelling, covered patio and large gated back yard for fun and entertaining, this fine little home is perfect for the first time buyer that wants to keep an affordable monthly payment or an investor who seeks to add another to their portfolio with the possibility of converting the existing garage to an ADU for higher rent on investment monthly, this fine home is seeking a new homeowner to call it ''Home Sweet Home'' call today to schedule a private tour!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,007 | - |
| Lot Size | 6,244 | - |
| Price | $225.0K | $399.2K |
| Price per sq ft | $223 | $245 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 57 |
Jul 15, 2026
$225,000
Initial Listing
Sep 12, 2011
$55,000
Public Record
Jul 27, 2004
$124,000
Public Record
May 20, 1994
$61,000
Public Record