
Bakersfield, CA 93304
This property presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $313,648 Fair Market Value by -2%. Featuring an Extensive Modern Upgrade status and a Condition Rating of 2, this home includes a Granite Kitchen and major system overhauls. The R2 Zoning on a 7,445 sqft lot provides significant upside for a second dwelling or workshop. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land utility for long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2325 S J Subject | $300,000* List Price | 3 | 1 | 1,045 | $291 | - |
A 1016 Meredith Drive Sold | $285,000 | 3 | 1 | 959 | $297 | 0.5 mi |
B 1308 El Rancho Drive Sold | $355,000 | 3 | 2 | 1,130 | $314 | 0.7 mi |
C 2900 Dore Sold | $285,000 | 3 | 2 | 1,381 | $206 | 0.7 mi |
D 1401 El Sereno Drive Active | $297,770 List Price | 2 | 2 | 1,019 | $292 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property has been extensively rebuilt and upgraded within the last 5 years. It features a modern kitchen with granite countertops and stainless appliances, updated bathrooms, and major system overhauls including a newer roof, HVAC, dual-pane windows, and a tankless water heater.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7445, living area = 1045.
The property has been thoroughly rebuilt with high-end finishes including granite countertops, stainless steel appliances, and major system overhauls like a new roof, HVAC, and dual-pane windows, making it truly move-in ready.
The large 7,445 sqft lot features coveted R2 zoning, providing a rare opportunity to build a second dwelling for rental income, a massive workshop, or additional specialized parking.
Despite having three bedrooms, the home only features one bathroom, which may be a significant inconvenience for families or impact future resale value.
The local assigned schools have ratings ranging from 3 to 4, which may be a drawback for buyers specifically seeking high-performing educational districts.
This beautiful R-2 Zoned home won’t last long!Discover the true standout feature of this property: a sprawling lot boasting highly coveted R2 zoning. Encompassed by extensive, low-maintenance wrap-around concrete flatwork, the exterior is a blank canvas. Whether your vision includes building a second dwelling for rental income or constructing a massive workshop, this property can accommodate it all. Welcome to a rare blend of modern comfort and outstanding investment potential! This extensively rebuilt and thoroughly upgraded property is truly move-in ready. The heart of the home is a stylish kitchen outfitted with granite countertops, stainless steel appliances, a classic subway tile backsplash, and durable wood-laminate floors. These elegant, cohesive finishes carry over into the bathroom, which features matching granite and ceramic tile. The spacious, open-concept great room and oversized bedrooms provide an incredibly comfortable layout. You will also enjoy long-term peace of mind and energy efficiency thanks to major system overhauls, including an upgraded roof, HVAC unit, dual-pane windows, and a tankless water heater. An indoor laundry space and an integrated doorbell security system add perfect everyday convenience.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,045 | 1,645.732 |
| Lot Size | 7,445 | 7,650.063 |
| Price | $300.0K | $399.2K |
| Price per sq ft | $287 | $242 |
| Built year | 1956 | 1984 |
| HOA | $0 | $175 |
| Days on market | 51 | 64 |
Aug 12, 2026
$300,000
$310,000
-3% Price Drop
Initial Listing
Aug 10, 2026
$310,000
$320,000
-3% Price Drop
Initial Listing
Jul 20, 2026
$320,000
Initial Listing
Apr 17, 2018
$166,000
Public Record