2300 Brundage Lane, Bakersfield, CA 93304, Bakersfield, 93304 - 3 bed, 1 bath
ACTIVE$720,000$1,696/sqft
2300 Brundage Lane, Bakersfield, CA 93304
3Beds
1Bath
1,696Sqft
7,840Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Seller Financing Available: The availability of seller financing offers a flexible and potentially advantageous purchasing option for buyers, reducing barriers to entry.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1696, other record living area = 1168. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Compared to the nearby listings
Price:$720.0K vs avg $285.0K (+$435,000)67%
Size:1,696 sqft vs avg 1,557 sqft67%
Price/sqft:$425 vs avg $22967%
More Insights
Built in 1950 (76 years old).
Condition: Despite being built in 1950, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description and evidenced by the images. The kitchens feature new white shaker cabinets, stainless steel appliances (range), and subway tile backsplashes. Bathrooms are updated with new vanities, modern fixtures, and subway tile surrounds. Throughout the units, there is new laminate/LVP flooring, fresh paint, modern light fixtures (recessed lighting, ceiling fans), and efficient mini-split AC/heating units. Electrical panels appear updated. The exterior also shows fresh stucco/paint and new roofs. All visible components are new or virtually new, meeting current quality standards, indicating an extensive renovation within the last 5 years.
Year Built
1950
Close
-
List price
$720K
Original List price
-
Price/Sqft
$425
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25280618
Home ConditionExcellent
Features
Patio
View-
About this home
SELLER FINANCING AVAILABLE! Discover this newly renovated, versatile triplex located in an Opportunity Zone and Hub Zone, offering significant tax benefits. With flexible spaces, this property is perfect for live-work arrangements, office spaces, store fronts, or residential rentals. Key Features: 3 Units: Unit 1: 500 sq. ft. | 2 offices, kitchen, bathroom Unit 2: 500 sq. ft. | 2 offices, kitchen, bathroom Unit 3: 600 sq. ft. | 2 offices, kitchen, bathroom Ample Parking: On-site for tenants and clients Modern Design: Move-in ready Ideal for entrepreneurs, startups, or growing businesses seeking a prime location with tax advantages. Lease or buy, flexible options available!
T
Tomas Piedra
Listing Agent
Price History
Date
Event
Price
08/10/94
Sold
$76,000
08/28/24
Sold
$510,000
05/24/23
Sold
$215,000
05/24/23
Sold
$155,000
12/14/05
Sold
$2,975,000
Condition Rating
Excellent
Despite being built in 1950, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description and evidenced by the images. The kitchens feature new white shaker cabinets, stainless steel appliances (range), and subway tile backsplashes. Bathrooms are updated with new vanities, modern fixtures, and subway tile surrounds. Throughout the units, there is new laminate/LVP flooring, fresh paint, modern light fixtures (recessed lighting, ceiling fans), and efficient mini-split AC/heating units. Electrical panels appear updated. The exterior also shows fresh stucco/paint and new roofs. All visible components are new or virtually new, meeting current quality standards, indicating an extensive renovation within the last 5 years.
Pros & Cons
Pros
Seller Financing Available: The availability of seller financing offers a flexible and potentially advantageous purchasing option for buyers, reducing barriers to entry.
Significant Tax Benefits: Located in both an Opportunity Zone and a Hub Zone, the property offers substantial tax incentives for investors and businesses, enhancing its financial appeal.
Newly Renovated & Modern Design: The property has been recently renovated, presenting a modern, move-in ready condition that appeals to tenants and owner-occupants seeking updated spaces.
Versatile Triplex Configuration: As a triplex with flexible spaces, the property is suitable for a variety of uses including live-work arrangements, office spaces, storefronts, or residential rentals, maximizing its income potential.
Ample On-Site Parking: The provision of ample on-site parking is a significant advantage for both commercial and residential tenants, enhancing convenience and accessibility.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1696, other record living area = 1168. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Inconsistent Property Details: The listing states 3 beds and 1 bath for the entire property, which contradicts the description of three separate units each having a kitchen and bathroom, creating confusion and potential misrepresentation regarding residential suitability.
Age of Structure: Despite recent renovations, the property was built in 1950, which may imply older underlying infrastructure and potential for unforeseen maintenance or upgrade costs not covered by cosmetic updates.
Rapid Price Appreciation: The current list price of $720,000 represents a significant increase from the most recent recorded sale of $510,000, which occurred relatively recently, suggesting potentially aggressive pricing that may require strong market justification.