
Bakersfield, CA 93307
Analysis of 132 Ohio Drive, Bakersfield, CA 93307 is currently available with a list price of $749,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1929, the property is listed as fully renovated with updated interiors and modern air conditioning. Visual evidence shows a high-end, recent renovation (<5 years) including new roofs, modern rooftop HVAC systems, fresh paint, and pristine landscaping, indicating mint condition with no immediate maintenance required.
With 10 bedrooms and 5 bathrooms across multiple renovated units, this property offers immediate cash flow and significant versatility for investors or multi-generational living.
The sprawling ±0.57-acre lot is exceptionally large for the area, providing ample space for additional units or ADUs to further maximize rental yield and property value.
The property has been fully updated with modern interiors and air conditioning, minimizing immediate capital expenditure and attracting tenants seeking modernized living spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 1.
The assigned public schools have ratings ranging from 2 to 4, which may limit the property's appeal to families and impact long-term appreciation potential.
Despite the renovations, the original 1929 construction may involve legacy plumbing or electrical components that require more frequent maintenance than a modern build.
Exceptional income-producing opportunity at 132 Ohio Dr in Bakersfield! Situated on a sprawling ±0.57-acre lot, this fully renovated multi-unit property offers tremendous versatility for investors, owner-users, or those seeking multi-generational living. Featuring approximately 3,950 square feet of living space, the property includes multiple residential units with updated interiors, air conditioning, private yard areas, and ample room for future expansion. The oversized lot provides potential for additional improvements, increased rental income, or enhanced outdoor amenities. Conveniently located near schools, shopping, dining, and major transportation routes, this unique property combines strong income potential with long-term growth opportunities. A rare chance to own a remodeled, cash-flowing property with endless possibilities in the heart of Bakersfield!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 2.0 | 75% |
| Baths | 5.0 | 1.0 | 75% |
| Square foot | 3,950 | 3,325 | 50% |
| Lot Size | 24,829 | 7,297.5 | 75% |
| Price | $749.0K | $654.5K | 50% |
| Price per sq ft | $190 | $193 | 50% |
| Built year | 1929 | 1974 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 163 | 25% |
Jun 4, 2026
$749,000
Initial Listing
Oct 23, 2018
$115,000
Public Record
May 22, 2018
$225,000
Public Record
Oct 19, 2010
$60,000
Public Record
Aug 10, 2009
$115,000
Public Record
Sep 19, 2000
$117,000
Public Record