1859 Kentucky Street, Bakersfield, CA 93305, Bakersfield, 93305 - bed, bath
1859 Kentucky Street
Bakersfield, CA 93305
Property Price
SUMMARY
Analysis of 1859 Kentucky Street, Bakersfield, CA 93305 is currently available with a list price of $415,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1981, this triplex is over 40 years old. While two units are currently rented and appear functional, their interiors, including kitchens and bathrooms, are significantly dated with older cabinets, laminate countertops, basic fixtures, and popcorn ceilings. The third unit is explicitly described as 'undergoing an interior remodel but is to be sold as-is,' and images confirm it is in a state of partial demolition/reconstruction, making it unlivable and requiring substantial rehabilitation to complete. The property as a whole requires significant investment to update its systems and aesthetics.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Asset
The property is a triplex with two units already rented, providing immediate and diversified rental income for the new owner.
- Value-Add Opportunity
One unit is undergoing an interior remodel and is sold as-is, offering a clear opportunity for the buyer to build sweat equity and increase the property's overall value upon completion.
- Desirable Unit Configuration
All three units are large and identical, featuring 3 bedrooms and 1.75 bathrooms, which appeals to a broad tenant base and supports stable occupancy.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-10-22. The sold price is $405,000.00.
- Incomplete Renovation & As-Is Sale
One unit is sold 'as-is' while undergoing an interior remodel, requiring the buyer to complete the renovation and incur associated costs and effort.
- Potential for Unforeseen Costs
Completing an ongoing remodel can lead to unexpected expenses, project delays, and the need for active management by the new owner.
About 1859 Kentucky Street
East Bakersfield triplex consists of three large identical units with covered parking. All units have 3 bedrooms, 1.75 bathrooms and are approximately 1,000 sf. One is detached and the other two are attached. The middle unit is undergoing an interior remodel but is to be sold as-is which is reflected in the price. The other two units are rented. Great opportunity to build sweat equity while collecting rent!
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1981
- Lot Size
- 15,245 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | - | 1,020 | 50% |
| Lot Size | 15,245 | 6,850.6 | 75% |
| Price | $415.0K | $512.5K | 25% |
| Price per sq ft | $0 | $84 | 50% |
| Built year | 1981 | 1986 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 221 | 229 | 50% |
Pricing History
Sold
Oct 22, 2025
$405,000
Public Record
Listed for Sale
Jul 29, 2025
$415,000
Initial Listing
Sold
Sep 9, 2020
$320,000
Public Record
Sold
Sep 17, 2012
$140,000
Public Record
Sold
Oct 31, 2003
$195,000
Public Record
Sold
Dec 21, 2001
$132,000
Public Record