
Bakersfield, CA 93307
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned slightly above the $240,620 Fair Market Value. While the property requires modernization, its Fair Condition Rating and unique interior partition offer significant versatility for rental income or multi-generational living. The expansive 8,009 sq. ft. lot provides substantial upside for future ADU development or expansion. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic value-add renovations in a well-connected Bakersfield location.
Property is moderate renovation needed.
Built in 1944, this 80-year-old property is marketed as a 'value-add' opportunity, indicating dated interior finishes. While the addition of leased solar and a Tesla battery system shows some modern utility updates, the overall age and description suggest the kitchen and bathroom likely require modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8009, living area = 1018.
Priced aggressively at $250,000, this property offers significant value-add potential for investors or first-time buyers looking to build equity in the Bakersfield market.
The unique interior partition creates two independent living areas, providing excellent versatility for multi-generational families or potential rental income opportunities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8009, other record lot size in square feet = 7840.
With three bedrooms and only one bathroom, the home's layout may be less appealing to larger households or buyers seeking modern convenience.
Built in 1944, the residence likely requires modernization of core systems and cosmetic updates to meet contemporary standards and reach its full market potential.
Excellent opportunity to own this well-priced Single-Family Residence situated on an approximately 8,009 sq. ft. lot! This home features a flexible floor plan with an interior partition creating two independent living areas, offering added privacy and versatility. The property also features leased solar panels and an attached two-car garage. Conveniently located near schools, shopping, parks, and major transportation routes. Whether you're an owner-occupant or an investor looking for value-add potential, this is an excellent opportunity. Aggressively priced to generate strong buyer interest. Bring your highest and best offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,018 | 1,645.732 |
| Lot Size | 8,009 | 7,650.063 |
| Price | $250.0K | $399.2K |
| Price per sq ft | $246 | $242 |
| Built year | 1944 | 1984 |
| HOA | $0 | $175 |
| Days on market | 42 | 64 |
Jul 29, 2026
$250,000
Initial Listing
Sep 25, 2024
$305,000
Public Record
Jan 6, 2006
$63,500
Public Record