
Bakersfield, CA 93304
Investment Opportunity at 1512 Southgate Dr! Great opportunity to add to your real estate portfolio! This 3-bedroom, 1-bath home features recent updates and sits on a large, spacious lot with R-2 zoning, offering potential for future investment opportunities (buyer to verify zoning, permitted uses, and development possibilities). Conveniently located near shopping, restaurants, and parks, this property offers both accessibility and investment appeal. Don't miss the opportunity to explore the potential this property has to offer!
Property is move-in ready.
Although built in 1947, the property features recent updates (likely within the last 2 years based on sales history) including new vinyl windows and fresh exterior paint. The home appears move-in ready and functional for an investment property, though the aged roof-mounted cooling unit and unimproved dirt lot prevent it from reaching an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7701, living area = 636.
The property features R-2 zoning on a generous 7,701 sqft lot, providing significant opportunity for multi-unit development or the addition of an ADU to maximize rental income.
With recent updates already completed, this home offers a more immediate move-in or rental-ready status, reducing the need for initial renovation capital for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7701, other record lot size in square feet = 7840.
At only 636 square feet for a three-bedroom configuration, the interior layout is exceptionally compact, which may limit functional furniture placement and overall comfort.
Built in 1947, the property may have aging underlying systems typical of its era that require ongoing maintenance despite recent cosmetic updates.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 636 | 1,656.81 |
| Lot Size | 7,701 | 8,069.772 |
| Price | $249.5K | $414.9K |
| Price per sq ft | $392 | $246 |
| Built year | 1947 | 1986 |
| HOA | $0 | $180 |
| Days on market | 6 | 65 |
Oct 18, 2026
$249,500
Initial Listing
Jan 18, 2024
$165,000
Public Record
Oct 6, 2023
$120,000
Public Record
May 4, 2023
$80,000
Public Record
Oct 30, 2008
$85,000
Public Record
Nov 9, 2006
$144,000
Public Record