
Bakersfield, CA 93304
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $340,000—positioned well below the $349,596 Fair Market Value by 2%. This valuation gap offers $9,596 in Instant Equity. Featuring a Mint Condition Rating with a new 4-ton HVAC, tankless water heater, and a versatile detached bonus room, the property provides immediate utility. Its large lot and modern upgrades make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 135 A Subject | $340,000* List Price | 3 | 1 | 1,738 | $212 | - |
A 1416 Richland Street Sold | $320,000 | 3 | 2 | 1,327 | $241 | 0.7 mi |
B 2131 1st Active | $350,000 List Price | 3 | 2 | 1,609 | $218 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1950, the property has undergone a comprehensive recent renovation including a remodeled kitchen with new cabinetry and countertops, a renovated bathroom, and major system upgrades such as a new 4-ton HVAC and tankless water heater. With new stucco and fresh interior finishes, it is in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8659, living area = 1738.
The property is truly move-in ready, featuring a new 4-ton HVAC system, tankless water heater, remodeled kitchen and bathroom, and fresh stucco, significantly reducing immediate maintenance costs for a buyer.
The detached 2-car garage includes a unique bonus room with 240-volt electrical service and ventilation, offering exceptional flexibility for a professional workshop, home office, or potential ADU conversion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8659, other record lot size in square feet = 8712. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Despite having three bedrooms and over 1,700 sq ft of living space, the home only features one bathroom, which may be a significant inconvenience for growing families and could impact resale value.
While heavily updated, the 1950 build date suggests that some core structural or utility elements may be aged compared to modern construction standards, potentially requiring future specialized attention.
Beautifully updated 3-bedroom, 1-bath home offering 1,738 sq ft of living space on a generous 8,276 sq ft lot. This move-in ready property showcases extensive recent upgrades, including a remodeled kitchen with new cabinetry and countertops, a renovated bathroom, fresh interior paint, updated lighting throughout, new stucco on both the home and detached garage, a new 4-ton HVAC system, and a tankless water heater. Adding to the property's appeal is a detached 2-car garage with an attached bonus room featuring 240-volt electrical service and ventilation, offering exceptional flexibility for a workshop, hobby space, home office, gym, or other creative uses. Step outside to an expansive backyard designed for endless possibilities, complete with four mature orange trees that produce abundant fruit. Newly installed grass in both the front and rear yards enhances the outdoor space, creating an inviting setting for entertaining, relaxing, or future customization. Combining modern updates, functional space, and a large lot, this property presents a rare opportunity for first-time buyers, growing families, or investors seeking a turnkey home with room to expand and enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,738 | - |
| Lot Size | 8,659 | - |
| Price | $340.0K | $399.2K |
| Price per sq ft | $196 | $245 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 57 |
Jun 10, 2026
$340,000
Initial Listing
Nov 17, 2020
$229,500
Public Record
Nov 12, 2004
$165,000
Public Record
Oct 6, 2000
$95,000
Public Record