2321 B, Bakersfield, CA 93301, Bakersfield, 93301 - 3 bed, 0 bath
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2321 B
Bakersfield, CA 93301
ACTIVE
CONDITION: GOOD
3Beds
0Baths
1,589Sq Ft
0Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$427,942
SUMMARY
This Residential Income Asset represents a Strong Value Opportunity, listed at $430,000—positioned slightly above the $427,942 Fair Market Value. While the price reflects current market stability, the property’s Turnkey Condition and established Westchester location minimize capital expenditure risks. Generating over $34,000 in annual gross income, this duplex offers immediate cash flow potential in a high-demand submarket. With recent upgrades and dedicated parking, this is a reliable, low-maintenance acquisition ideal for Buy-and-Hold Investors or first-time rental owners seeking a proven, income-producing asset.
Estimated Market Value
$427,942
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 |
|---|---|---|---|---|---|---|
★ 2321 B Subject 3 bd · 0 ba · 1,589 sqft · $269 | $430,000* List Price | 3 | 0 | 1,589 | $269 | - |
A 2112 C St Active 0 bd · 0 ba · 1,967 sqft · $247 · 0.1 mi | $485,000 List Price | 0 | 0 | 1,967 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1947, the property is described as a turnkey duplex with recent upgrades that minimize deferred maintenance. Exterior images and aerial views show well-maintained roofs, clean stucco, and updated concrete parking areas, indicating it is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the high-demand Westchester submarket, this property benefits from an established neighborhood with consistently strong tenant demand and historical stability.
- Turnkey Condition
Recent owner investments in upgrades have minimized deferred maintenance and near-term capital expenditures, offering a move-in ready asset for immediate operation.
- Strong Revenue Stream
The property generates over $34,000 in annual gross income with a versatile unit mix, providing reliable cash flow for investors seeking a residential income addition.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Aging Infrastructure
Originally constructed in 1947, the property may possess older underlying systems that could require specialized maintenance or future modernization despite recent upgrades.
- Significant Price Appreciation
The current list price of $430,000 represents a substantial increase from the 2020 sale price of $266,000, which may impact the initial cap rate for some buyers.
About 2321 B
Well-maintained duplex in high-demand Westchester submarket. Unit mix of one 2BD/1BA and one 1BD/1BA, each with dedicated parking. Owner has invested in upgrades throughout, minimizing deferred maintenance and near-term capex. Grosses $34,000+ annually with strong tenant demand in an established location. Turnkey addition for investors seeking cash flow in a proven Bakersfield neighborhood.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1947
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,589 | 3,050.111 |
| Lot Size | - | 8,743.333 |
| Price | $430.0K | $480.4K |
| Price per sq ft | $271 | $188 |
| Built year | 1947 | 1966 |
| HOA | $0 | $0 |
| Days on market | 31 | 84 |
Pricing History
Listed for Sale
Sep 23, 2026
$430,000
Initial Listing
Sold
Jul 28, 2020
$266,000
Public Record
Sold
Feb 6, 2018
$125,000
Public Record
Sold
May 28, 2010
$89,000
Public Record
Sold
Mar 13, 2006
$77,500
Public Record