1525 Oregon Street, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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Bakersfield, CA 93305
Analysis of 1525 Oregon Street, Bakersfield, CA 93305 is currently available with a list price of $333,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1948, this property is over 75 years old. While the owner states it has been kept in 'good condition,' the interior images reveal very dated kitchens and bathrooms with older cabinets, laminate countertops, basic appliances, linoleum/vinyl flooring, and fluorescent lighting. The property appears functional and maintained, but all major components show significant signs of being outdated and would require substantial cosmetic and functional updates to meet current standards. It does not show signs of significant defects or safety issues that would categorize it as 'poor'.
The property is a triplex (duplex in front, separate back house) offering immediate multiple rental income opportunities for investors.
A double car garage presents a significant opportunity to convert into an Additional Dwelling Unit (ADU), substantially increasing potential rental income.
With a generous 7550 sqft lot and stated room to add more rooms to the back house, there is clear potential for future expansion and increased property value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7550, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1460, other record living area = 1408.
Built in 1948, the property is over 75 years old, which may imply older infrastructure, potential for higher maintenance costs, or the presence of outdated systems.
With 1460 sqft distributed across three units, individual unit sizes are likely small, which could limit tenant demographics or potential rental rates per unit.
Perfect property for first time investor or someone looking to add anther investment property to their portfolio. Duplex in the front with one bedroom one bath each and back house is one bedroom one bath with it's own separate yard and entrance. There is also a double car garge that can be turned into an ADU for more income and plenty of room to add more additional rooms to back house. Owner has kept the property in good condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,460 | 2,488 | 20% |
| Lot Size | 7,550 | 7,550 | 50% |
| Price | $334.0K | $510.0K | 20% |
| Price per sq ft | $229 | $205 | 80% |
| Built year | 1948 | 1984 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 315 | 132 | 0% |
Jun 11, 2025
$333,999
Initial Listing
Jun 6, 2017
$175,000
Public Record
Feb 6, 2015
$100,000
Public Record
Feb 6, 2012
$25,000
Public Record