
Bakersfield, CA 93306
Analysis of 1733 Crestmont, Bakersfield, CA 93306 is currently available with a list price of $414,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This 1951 property requires substantial rehabilitation and is marketed as a value-add investment. While the kitchen has received some cosmetic updates like granite counters and painted cabinets, the rest of the home shows significant neglect: multiple rooms have bare concrete or unfinished subfloors, there is exposed plumbing and holes in the walls, and the swimming pool is empty with visible structural cracking. The property lacks finished flooring in major living areas and requires a comprehensive renovation to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22521, living area = 4145.
The property features a 4-bedroom main house plus a 1-bedroom ADU, offering excellent opportunities for rental income or multi-generational living configurations.
With over 4,100 square feet of living space situated on a massive 22,521 square foot lot, this property provides rare scale and privacy at a competitive price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22521, other record lot size in square feet = 22651. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4145, other record living area = 3630. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The 1951 construction and marketing focus on 'potential' suggest the property likely requires substantial capital investment to update its interior and systems to modern standards.
As a 70-year-old structure, buyers should be prepared for potential deferred maintenance issues common in older homes, such as outdated plumbing, electrical, or insulation.
This ranch-style multi-unit property offers solid bones and promising potential. The functional layout and established structure provide a foundation for future opportunities. This property presents an attractive investment opportunity with its main house four bedrooms and three and a half bathrooms spread across a desirable ranch configuration, with a 1 bedroom 1 bath ADU. The substantial structure offers excellent potential for value enhancement through strategic improvements and updates. The property features a brick surround element and benefits from established established shade trees that provide built-in coverage and enhance the general appeal of the grounds. These existing features create a solid foundation for future improvements while offering immediate aesthetic value. The generous room count creates multiple possibilities for generating rental income or developing a comprehensive renovation project that could significantly increase market value. With thoughtful updates and improvements, this property has the potential to become a highly profitable investment while taking advantage of its existing structural elements and natural surroundings. Contact us today to explore this ranch-style multi-unit property with strong bones and excellent investment potential in a convenient and sought-after neighborhood location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 4,145 | 1,997 | 96% |
| Lot Size | 22,521 | 8,063 | 96% |
| Price | $414.9K | $385.0K | 64% |
| Price per sq ft | $100 | $204 | 4% |
| Built year | 1951 | 1980 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 204 | 16% |
Jun 1, 2026
$414,900
$425,000
-2% Price Drop
Initial Listing
Feb 5, 2026
$425,000
Initial Listing
Aug 6, 2015
$236,000
Public Record
Mar 12, 2010
$190,000
Public Record
Mar 14, 2000
$176,000
Public Record