2117 Kentucky Street, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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Bakersfield, CA 93305
Analysis of 2117 Kentucky Street, Bakersfield, CA 93305 is currently available with a list price of $419,900. 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.
Built in 1929, this property shows significant age and neglect. While the roofs were replaced within the last three years, the exterior images reveal worn siding, unkempt yards, and older windows. The presence of window air conditioning units suggests outdated HVAC systems. Without interior photos, it's highly probable that the kitchens, bathrooms, and other internal systems (plumbing, electrical) are original or very old, requiring substantial repairs and rehabilitation to meet current living standards. The property's value appears to be primarily in its development potential rather than the current condition of the structures.
The property sits on an over half-acre parcel (24,732 sqft) with stated potential to build up to 16 units, offering substantial future value for a savvy investor.
Currently configured as a triplex with three homes, providing an immediate opportunity for rental income.
All three homes have been reroofed within the last 3 years, reducing immediate capital expenditure for a critical structural component.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =24732, other record lot size in square feet = 24829.
Built in 1929, the property is very old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and requiring significant renovation beyond the recent roof updates.
The stated potential to build up to 16 units requires the buyer to conduct their own investigation with the building department, implying uncertainty, potential costs, and delays in realizing this upside.
Reduced 10K!! Excellent opportunity to utilize this property for its maximum reward for your client. These 3 homes with individual utilities, yes including separate water meters, can continue to rent out OR a savvy investor might decide to develop this over half acre parcel to its full potential. Can build up to 16 units, buyer to conduct its own investigation with the building dept! Each of the homes have been reroofed within the last 3 years!
No exterior & parking available.
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 | 2,768 | 2,768 | 50% |
| Lot Size | 24,732 | 7,564 | 80% |
| Price | $419.9K | $510.0K | 20% |
| Price per sq ft | $152 | $169 | 20% |
| Built year | 1929 | 1984 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 313 | 132 | 0% |
Jun 13, 2025
$419,900
Initial Listing
Jun 22, 2015
$211,000
Public Record
Jun 13, 2014
$75,000
Public Record