1725 Pacific Street, Bakersfield, CA 93305, Bakersfield, 93305 - bed, bath
ACTIVE$255,000/sqft
1725 Pacific Street, Bakersfield, CA 93305
0Bed
0Bath
Sqft
7,748Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: The property features two separate 2-bedroom houses on one lot, providing immediate rental income potential or a flexible owner-occupy and rent-out scenario.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7748, other record lot size in square feet = 7840.
Compared to the nearby listings
Price:$255.0K vs avg $575.0K ($-320,000)33%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1942 (84 years old).
Condition: Built in 1942, this property is over 80 years old. The exterior images reveal significant wear and tear, including cracked concrete, peeling paint, and an unkempt appearance, suggesting a lack of recent maintenance. The listing's own analysis highlights the 'Advanced Age of Construction' and the likelihood of 'original or outdated systems (electrical, plumbing, HVAC) that may require significant upgrades or replacement.' Without any interior images, it's reasonable to assume the kitchen, bathrooms, and other critical components are severely outdated and require substantial repairs and rehabilitation to be functional and safe, aligning with the criteria for a 'Poor' condition.
Year Built
1942
Close
-
List price
$255K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
SW25142051
Home ConditionPoor
Features
View-
About this home
Two houses on one lot! Both houses are two bedrooms! This property might be the property you've been looking for! Take advantage of this opportunity!
J
Jose Zepeda
Listing Agent
Price History
Date
Event
Price
11/18/20
Sold
$115,000
07/28/10
Sold
$30,000
08/19/05
Sold
$80,000
Condition Rating
Poor
Built in 1942, this property is over 80 years old. The exterior images reveal significant wear and tear, including cracked concrete, peeling paint, and an unkempt appearance, suggesting a lack of recent maintenance. The listing's own analysis highlights the 'Advanced Age of Construction' and the likelihood of 'original or outdated systems (electrical, plumbing, HVAC) that may require significant upgrades or replacement.' Without any interior images, it's reasonable to assume the kitchen, bathrooms, and other critical components are severely outdated and require substantial repairs and rehabilitation to be functional and safe, aligning with the criteria for a 'Poor' condition.
Pros & Cons
Pros
Income-Generating Asset: The property features two separate 2-bedroom houses on one lot, providing immediate rental income potential or a flexible owner-occupy and rent-out scenario.
Duplex Configuration: Explicitly categorized as a duplex, this property offers inherent flexibility for investors seeking rental income or owner-occupants looking to offset mortgage costs.
Generous Lot Size: With a 7,748 sq ft lot, there is ample outdoor space, potential for additional amenities, or future expansion possibilities, subject to local zoning regulations.
Accessible Price Point: Listed at $255,000, this property presents an attractive and accessible entry point for investors or first-time homebuyers in the Bakersfield market, especially for a multi-unit property.
No Association Fees: The absence of HOA or association fees significantly reduces monthly carrying costs, enhancing the property's financial appeal and potential cash flow.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7748, other record lot size in square feet = 7840.
Advanced Age of Construction: Built in 1942, the property is likely to have original or outdated systems (electrical, plumbing, HVAC) that may require significant upgrades or replacement, leading to considerable capital expenditure.
Vague Listing Description: The brief and generic description lacks specific details about the condition of each unit, recent renovations, or unique features, necessitating thorough inspection and due diligence by prospective buyers.
History of Price Volatility: The sales history reveals notable price fluctuations and frequent transactions, which could indicate past issues, market instability, or a property that has required substantial investment to achieve its current listing value.