
Bakersfield, CA 93307
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $312,744 Fair Market Value by -11%. Given the Condition Rating of 5, the home requires a comprehensive rehab of core systems and interior finishes. The 7,808 sqft lot offers significant upside for potential ADU development. Located just 0.4 miles from Bessie E. Owens Primary, this asset is best suited for Buy-and-Hold Investors or Contractors capable of managing a full-scale renovation to modernize this 1927 structure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 220 7th Street E Subject | $350,000* List Price | 3 | 1 | 917 | $341 | - |
A 506 S Haley Street Active | $274,999 List Price | 3 | 2 | 1,028 | $268 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927, this 97-year-old home far exceeds the 30-year threshold for major system lifespans. The exterior shows signs of deferred maintenance and significant clutter, suggesting the interior kitchen, bath, and core systems (HVAC/Electric) likely require a full rehab to address functional obsolescence and safety.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7808, living area = 917.
The property features a substantial 7,808 sqft lot, providing significant outdoor space for gardening, recreation, or the potential addition of an Accessory Dwelling Unit (ADU).
Located just 0.4 miles from Bessie E. Owens Primary School, the home offers excellent convenience for families with young children, minimizing commute times.
The property was recently sold within the past year on 2025-11-21. The sold price is $150,000.00.
With only 917 sqft of living area for a three-bedroom layout, the interior may feel cramped, and the single bathroom could be a logistical challenge for larger households.
Built in 1927, the home is nearly a century old and may require significant updates to electrical, plumbing, and structural systems to meet modern standards and efficiency.
Exceptional opportunity in Bakersfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades 7-8 • 3.2 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 917 | 1,645.732 |
| Lot Size | 7,808 | 7,650.063 |
| Price | $350.0K | $399.2K |
| Price per sq ft | $382 | $242 |
| Built year | 1927 | 1984 |
| HOA | $0 | $175 |
| Days on market | 37 | 64 |
Aug 3, 2026
$350,000
Initial Listing
Nov 21, 2025
$150,000
Public Record
Dec 2, 2003
$34,500
Public Record