2212 Lake, Bakersfield, CA 93306, Bakersfield, 93306 - 0 bed, 0 bath
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Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $435,000, which aligns with the $435,000 Fair Market Value. Featuring a Condition Rating of 5, this 1938 duplex requires a comprehensive renovation to modernize aging electrical, plumbing, and HVAC systems. The 6,917 square foot lot and central location near East Bakersfield High School provide a solid foundation for value-add improvements. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a full-scale rehabilitation to maximize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2212 Lake Subject | $435,000* List Price | 0 | 0 | 2,128 | $204 | - |
A 2208 Lake Active | $435,000 List Price | 0 | 0 | 2,128 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 (88 years old) with no mention of recent renovations. The presence of window AC units indicates outdated HVAC systems, and the exterior shows significant aging, suggesting the property requires a full rehab to meet modern standards.
As a residential income duplex with two separate cottage-style units, this property offers immediate rental income or a house-hacking opportunity for owner-occupants.
The property is centrally located with exceptional proximity to education, situated less than half a mile from both East Bakersfield High School and Horace Mann Elementary.
The 6,917 square foot lot provides ample outdoor space for both units, offering a higher degree of privacy and potential for future value-add improvements compared to high-density complexes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6917, other record lot size in square feet = 6969.
Built in 1938, the property may require significant maintenance or upgrades to aging electrical, plumbing, and structural systems to meet modern standards.
The assigned middle and high schools carry lower performance ratings (2 and 3 respectively), which may impact long-term desirability for families prioritizing top-tier education.
Located at 2212 Lake Street in Bakersfield, this property features two cottage-style duplex units, each offering 1 bedroom and 1 bathroom with a functional floor plan. The units provide comfortable living spaces in a convenient central location with easy access to shopping, dining, schools, and major roadways.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,128 | - |
| Lot Size | 6,917 | - |
| Price | $435.0K | $549.6K |
| Price per sq ft | $204 | $176 |
| Built year | 1938 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 79 |
Jul 8, 2026
$435,000
Initial Listing
Sep 9, 2016
$200,000
Public Record
Jul 9, 2012
$210,000
Public Record
Apr 29, 2009
$117,000
Public Record
Mar 19, 2007
$394,000
Public Record