
Bakersfield, CA 93305
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $450,000, positioned slightly above the $446,754 Fair Market Value. Featuring a Condition Rating of 3, the property offers a turnkey, remodeled 3-bedroom front unit and a rear unit with active ADU permits, providing immediate rental yield or house-hacking potential. While local school ratings are modest, the property’s density and renovation status offer clear value-add upside. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to leverage rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2134 Sacramento Subject | $450,000* List Price | 0 | 0 | 2,446 | $183 | - |
A 1024 Bernard Street Active | $399,000 List Price | 0 | 0 | 2,400 | $166 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1949, the front unit has been completely remodeled with modern LVP flooring, updated baseboards, and fresh paint, making it move-in ready. The exterior shows some age and the yard requires landscaping, but the recent interior renovations and the active ADU permit status for the rear unit elevate the condition above fair.
The property features two vacant units, including a remodeled 3-bedroom front house, allowing for immediate market-rate rentals or a house-hacking opportunity for a first-time buyer.
With permits already submitted for an ADU on the back unit, there is a clear path to increasing the property's density, rental yield, and overall market valuation.
The primary 3-bedroom, 2-bathroom unit has been completely remodeled and is move-in ready, significantly reducing initial capital expenditure for the new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7908, other record lot size in square feet = 7840.
The assigned elementary and middle schools carry low ratings (2/10), which may deter some family-oriented tenants and impact long-term appreciation compared to other neighborhoods.
Built in 1949, the property may require ongoing maintenance or future upgrades to its core systems, such as plumbing and electrical, which are typical for homes of this era.
STANDARD SALE...... Don't missed this great opportunity to own 2 units ,VACANT, VACANT.. this property has a great location close to shops,schools,parks located. Front unit 3 bedrooms and 2 bathroom, this unit is was completely remodeled and ready to move in, Back unit is 1 Bedroom and 1 Bathroom, The owner submitted the permits to convert the garage into an ADU, this duplex is perfect for investor or first time buyer
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,446 | 3,255.25 |
| Lot Size | 7,908 | 9,020 |
| Price | $450.0K | $503.0K |
| Price per sq ft | $184 | $185 |
| Built year | 1949 | 1968 |
| HOA | $0 | $0 |
| Days on market | 29 | 83 |
Aug 11, 2026
$450,000
Initial Listing
May 16, 2025
$330,000
Public Record
Aug 5, 2022
$290,000
Public Record