2030 King Street, Bakersfield, CA 93305, Bakersfield, 93305 - 2 bed, 1 bath
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2030 King Street
Bakersfield, CA 93305
ACTIVE
CONDITION: POOR
2Beds
1Baths
864Sq Ft
5,017Lot Size
Property Price
LIST PRICE$170,000
EST. MARKET VALUE
$189,629
10% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $170,000—positioned well below the $189,630 Fair Market Value by 10%. This valuation gap offers $19,630 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring a detached 1-car garage and an R-1 lot, the home provides significant renovation potential near Bakersfield College. This is a high-reward acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term wealth.
Estimated Market Value
$189,629+$19,629 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2030 King Street Subject 2 bd · 1 ba · 864 sqft · $219 | $170,000* List Price | 2 | 1 | 864 | $219 | - |
A 1206 Crawford Sold 2 bd · 1 ba · 888 sqft · $242 · 0.6 mi | $215,000 | 2 | 1 | 888 | $242 | 0.6 mi |
B 2326 Nelson Pending 2 bd · 1 ba · 912 sqft · $214 · 0.4 mi | $194,900 List Price | 2 | 1 | 912 | $214 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1935 (89 years old) with no evidence of recent renovations, this property is a classic fixer-upper. The listing explicitly states the home 'needs work,' and visual evidence shows significant exterior neglect, overgrown vegetation, and debris, indicating that the kitchen, bathroom, and major systems (HVAC/Electric) likely require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Price Point
Listed at $170,000, this property represents a rare and highly affordable entry point into the Bakersfield market, making it an excellent opportunity for first-time buyers or budget-conscious investors.
- Strategic Location
The home is conveniently situated near Bakersfield College, local parks, and shopping centers, with quick access to Highway 178 for an efficient commute to downtown.
- Investment Potential
Featuring a detached 1-car garage and a functional R-1 lot, the property offers significant value-add potential through renovations or as a high-demand rental unit in a central area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5017, other record lot size in square feet = 5227.
- Significant Repairs Needed
The property is explicitly noted as needing work, which implies deferred maintenance and the necessity for immediate capital investment to make the home move-in ready.
- Aging Infrastructure
Built in 1935, the home's small 864-square-foot footprint and nearly century-old structure may require costly updates to electrical, plumbing, and insulation systems to meet modern standards.
About 2030 King Street
This 2-bedroom, 1-bath home offers about 864 sq ft of living space on a roughly 0.12-acre R-1 lot, plus a 1-car garage. It's a smart entry into homeownership, a great downsize option, or a rental. Bring your ideas and make it your own. It's close to schools, parks, shopping, Bakersfield College and quick Hwy 178 access to downtown. Homes needs work. Homes at this price point are hard to find. Call today to schedule your showing!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 5,017 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Jefferson Elementary School
Grades K-5 • 0.2 mi
3/10
Myra A. Noble Elementary School
Grades K-5 • 0.7 mi
2/10
Longfellow Elementary School
Grades K-6 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,656.81 |
| Lot Size | 5,017 | 8,069.772 |
| Price | $170.0K | $414.9K |
| Price per sq ft | $197 | $246 |
| Built year | 1935 | 1986 |
| HOA | $0 | $180 |
| Days on market | 21 | 65 |
Pricing History
Listed for Sale
Oct 3, 2026
$170,000
Initial Listing
Sold
Sep 20, 2016
$70,000
Public Record
Sold
Sep 21, 2012
$41,000
Public Record