2304 Castro Lane, Bakersfield, CA 93304, Bakersfield, 93304 - 3 bed, 2 bath
Loading property details...
Bakersfield, CA 93304
This Residential Value-Add Asset is listed at $290,000, with a $223,262 Fair Market Value. As a cosmetic fixer with a Condition Rating of 5, the property offers significant upside through a 4th bedroom conversion and modernization of its 1956 systems. Located within walking distance of Valley Plaza Mall and near the top-rated Amy B. Seibert Elementary, the home sits in a high-demand pocket. With a motivated seller and indoor laundry, this project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-utilization renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2304 Castro Lane Subject | $275,000* List Price | 3 | 2 | 1,127 | $195 | - |
A 1033 Chapel Drive Sold | $290,000 | 2 | 1 | 1,126 | $258 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 (68 years old) and explicitly described as a 'cosmetic fixer' needing updates. Given the age and 'fixer' status, the property likely has original or significantly dated kitchen, bathrooms, and systems (HVAC/Electric) requiring rehabilitation.
The property is ideally situated within walking distance of the Valley Plaza Mall and offers easy access to schools, freeways, and essential services, ensuring high convenience for residents.
Originally built as a four-bedroom home, the layout allows for an easy conversion back to four bedrooms, providing a significant opportunity to increase equity and rental appeal.
Priced competitively at $290,000 with a motivated seller, this home serves as an excellent entry point for first-time buyers or investors looking for a project in a well-established neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home is noted as needing updates and cosmetic repairs, which will require the buyer to budget for immediate renovation costs upon acquisition.
Built in 1956, the property may possess older systems or structural elements that could require modernization to meet current building standards and efficiency.
DEAR BUYER: We have a Motivated seller, cosmetic fixer (need some updates) located within walking distance to the Valley Plaza Mall. This home offers 1,127 sq. ft. of living space with 3 bedrooms and 2 baths.. The property includes an indoor laundry. The home is situated in a well-established neighborhood. Conveniently located near Schools, Freeways, Supermarkets, Gas sations, Gym, Restaurnts, etc. Making this property a great opportunity for investors or first buyers. Buyer can easily convert this property into a 4th bedrooms, it was originally built as a 4 bedroom, the sellers removed 1 wall making it a 3 beroom house.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,127 | 1,137.5 | 50% |
| Lot Size | 6,098 | 6,766.5 | 40% |
| Price | $275.0K | $297.5K | 40% |
| Price per sq ft | $244 | $251 | 40% |
| Built year | 1956 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 247 | 10% |
May 31, 2026
$275,000
$290,000
-5% Price Drop
Initial Listing
Apr 28, 2026
$290,000
Initial Listing