200 Oregon, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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Bakersfield, CA 93305
This duplex presents a High-Potential Investment Opportunity with a List Price of $349,900—positioned well above the $304,252 Fair Market Value by -15%. While the property requires a full rehab due to its Condition Rating of 5, the 2,101 square feet of living space and the potential to convert the 2-car garage into an ADU provide significant value-add upside. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the 1925 structure.
Property is extensive renovation needed.
Built in 1925 (99 years old) with no evidence of recent renovations to kitchens, bathrooms, or major systems. The exterior shows aged roof-mounted cooling units and the listing description emphasizes 'potential to renovate,' suggesting the interior and systems are significantly dated and require a full rehab to meet modern standards.
The property features a 2-car garage with the potential to be converted into an ADU, offering a significant opportunity to increase rental income and overall property value.
As a duplex with both a 1-bedroom and a 2-bedroom unit, this property is ideal for investors or owner-occupants looking to live in one unit while renting the other.
With 2,101 square feet of living space, the units offer a more spacious and comfortable layout than many comparable multi-family properties in the 93305 area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5993, other record lot size in square feet = 6098.
Built in 1925, the property may require significant updates to major systems like plumbing and electrical to meet modern standards and reduce ongoing maintenance costs.
The surrounding elementary and middle schools have low performance ratings, which may limit the appeal for families and impact long-term appreciation.
This multifamily property is perfect for any investor or owner occupant. The well established property features 2 units. Unit 1 features 1 Bedroom and 1 Bathroom while Unit 2 features 2 Bedroom and 1 Bathroom. This property has the potential to renovate the 2 car garage into and ADU and generate another living space. There's many great features and an opportunity to expand the your investment.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.4 mi
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 | 2,101 | 2,488 | 40% |
| Lot Size | 5,993 | 7,405.2 | 20% |
| Price | $349.9K | $510.0K | 20% |
| Price per sq ft | $167 | $169 | 20% |
| Built year | 1925 | 1984 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 159 | 20% |
May 7, 2026
$349,900
Initial Listing