226 E 7th, Bakersfield, CA 93307, Bakersfield, 93307 - 2 bed, 1 bath
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226 E 7th
Bakersfield, CA 93307
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
816Sq Ft
0Lot Size
Property Price
LIST PRICE$190,000
EST. MARKET VALUE
$193,976
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $190,000—positioned well below the $193,977 Fair Market Value by 2%. This valuation gap offers $3,977 in Instant Equity for buyers prepared to manage a comprehensive renovation. With a Condition Rating of 6, the structure requires significant capital investment to address core systems. Located just 0.4 miles from Bessie E. Owens Primary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$193,976
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 |
|---|---|---|---|---|---|---|
★ 226 E 7th Subject 2 bd · 1 ba · 816 sqft · $238 | $190,000* List Price | 2 | 1 | 816 | $238 | - |
A 335 Clifton Active 2 bd · 1 ba · 672 sqft · $298 · 0.8 mi | $199,999 List Price | 2 | 1 | 672 | $298 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1923 and over 100 years old with no evidence of modern renovations. The listing description explicitly suggests a 'rebuild,' and photos reveal missing kitchen cabinetry, significant interior wall damage, and dilapidated exterior structures that appear structurally unsound.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property is positioned as a prime opportunity for investors or developers to rebuild and add value, offering significant upside potential in the Bakersfield market.
- Low Carrying Costs
With zero association fees, the property offers lower monthly overhead, which is highly attractive for long-term rental portfolios and maximizing ROI.
- Proximity to Education
Located just 0.4 miles from Bessie E. Owens Primary School, the property offers convenient access for families with young children.
CONSRISKS & DEFICIENCIES
- Extensive Rehabilitation Needed
Built in 1923 and marketed as a rebuild project, the property likely requires substantial capital investment to address structural, electrical, and plumbing updates.
- Compact Living Area
At only 816 square feet, the small 2-bedroom, 1-bathroom footprint may limit appeal to modern buyers seeking more spacious living environments.
About 226 E 7th
Investment potential awaits! With the right vision and tools, you can rebuild and transform this 2 bedroom & 1 bathroom property into your dream estate or add to your investment portfolio.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- -
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
Bessie E. Owens Primary School
Grades K-3 • 0.4 mi
4/10
Compton Junior High School
Grades 7-8 • 3.1 mi
2/10
Bakersfield High School
Grades 9-12 • 1.4 mi
4/10
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 | 816 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $190.0K | $414.9K |
| Price per sq ft | $233 | $246 |
| Built year | 1923 | 1986 |
| HOA | $0 | $180 |
| Days on market | 11 | 65 |
Pricing History
Listed for Sale
Oct 13, 2026
$190,000
Initial Listing