2325 Verde, Bakersfield, CA 93304, Bakersfield, 93304 - 2 bed, 1 bath
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Bakersfield, CA 93304
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $325,000—positioned well below the $325,715 Fair Market Value by 0.22%. Featuring a Condition Rating of 2, the property includes a renovated main home and a detached rear unit, providing immediate rental income. With a Covered Patio and proximity to local schools, this property offers both stability and versatility. It is an ideal acquisition for Buy-and-Hold Investors seeking cash flow or Owner-Occupants looking to offset their mortgage through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2325 Verde Subject | $325,000* List Price | 2 | 1 | 1,199 | $272 | - |
A 2709 Sunset Avenue Sold | $360,000 | 2 | 1 | 1,364 | $264 | 0.8 mi |
B 809 Caylor Sold | $265,000 | 2 | 1 | 1,009 | $263 | 0.6 mi |
C 160 Oleander Avenue Sold | $375,000 | 4 | 2 | 1,384 | $271 | 0.2 mi |
D 2207 Verde Street Sold | $375,000 | 3 | 2 | 1,551 | $242 | 0.1 mi |
E 309 S Myrtle Active | $299,900 List Price | 3 | 1 | 1,142 | $263 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone an extensive recent renovation (under 5 years) including a modern kitchen with new shaker cabinets and stone countertops, a fully remodeled bathroom with contemporary tile work, new flooring, and updated central HVAC systems.
The property features a detached rear unit in addition to the main home, offering excellent versatility for multi-generational living or immediate rental income opportunities.
The front residence has been significantly updated with a remodeled kitchen, new cabinets and countertops, a refreshed bathroom, and newer central heating and air conditioning.
Situated in the desirable Oleander area, the home is within walking distance of an elementary school and just minutes from Bakersfield High School, providing high convenience.
The requirement to submit offers subject to interior inspection due to tenant occupancy may deter buyers who prefer a full walkthrough before committing.
Originally built in 1947, the property may possess underlying age-related maintenance requirements typical of older homes despite the recent cosmetic and HVAC updates.
Discover the possibilities with this beautifully updated Oleander property—perfect for an owner-occupant, multi-generational living, or an investment opportunity! The front home offers a spacious 2-bedroom, 1-bath layout and has been extensively renovated with newer interior and exterior paint, central heating and air conditioning, an updated kitchen featuring new cabinets, new countertops, modern fixtures, and a beautifully remodeled bathroom. The detached rear unit offers 1 bedroom and 1 bathroom, making it ideal for extended family, guests, or additional rental income. Enjoy the backyard with a covered patio, perfect for relaxing or entertaining. Conveniently located within walking distance of the elementary school and just minutes from Bakersfield High School, this property offers both comfort and convenience. The property is currently tenant occupied at $2,200 per month on a month-to-month lease, with the current rental agreement ending in October. Submit your offer subject to interior inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,199 | - |
| Lot Size | 6,071 | - |
| Price | $325.0K | $399.2K |
| Price per sq ft | $271 | $245 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 57 |
Jul 8, 2026
$325,000
Initial Listing
Nov 10, 2015
$140,500
Public Record
Jun 6, 2012
$65,000
Public Record