
Bakersfield, CA 93305
This property presents a High-Potential Investment Opportunity with a List Price of $290,000—positioned above the $272,929 Fair Market Value by 6%. While the property requires renovation, its Fair Condition Rating is offset by a 7,405 sqft lot and significant ADU Potential within the existing garage structure. This asset offers a strategic value-add play for those capable of executing a comprehensive rehab. It is a targeted acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental income through modernization and expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1322 Quincy Subject | $290,000* List Price | 3 | 2 | 1,398 | $195 | - |
A 1206 Crawford Sold | $215,000 | 2 | 1 | 888 | $242 | 1.0 mi |
B 1222 E 18th Street Active | $280,000 List Price | 3 | 2 | 1,140 | $246 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this property is explicitly marketed as an investor opportunity needing TLC and renovation. While interior photos show some recent cosmetic updates like new carpet and paint, the overall age of the structure and likely outdated systems (HVAC/Electric) align with the rehab requirements of the poor category.
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 = 1398.
The property features a large garage with the potential for conversion into an Accessory Dwelling Unit (ADU), offering a significant opportunity for value-add and rental income.
Situated on a 7,405 square foot lot, the property provides ample outdoor space and flexibility for future expansions or landscaping projects.
The property was recently sold within the past year on 2025-11-17. The sold price is $205,000.00.
The property is noted to need 'TLC,' indicating that immediate capital expenditure will be necessary for repairs and modernization.
Built in 1942, the home may require significant updates to its core systems, such as electrical, plumbing, or roofing, to meet modern standards.
Investor opportunity with endless potential! This property offers a spacious layout, a huge garage with the possibility to transform it into an ADU, and plenty of room to create a home you’ll love. The property does need some TLC, but it has a solid foundation and great possibilities for those looking to renovate, customize, or add value. A perfect opportunity for investors or buyers with a vision.
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 | 1,398 | 1,645.732 |
| Lot Size | 7,405 | 7,650.063 |
| Price | $290.0K | $399.2K |
| Price per sq ft | $207 | $242 |
| Built year | 1942 | 1984 |
| HOA | $0 | $175 |
| Days on market | 37 | 64 |
Aug 3, 2026
$290,000
Initial Listing
Nov 17, 2025
$205,000
Public Record
Aug 27, 1996
$59,000
Public Record