
Bakersfield, CA 93304
This property presents a Strong Value Opportunity with a List Price of $320,000—positioned well below the $298,653 Fair Market Value by -7%. While priced slightly above market, the property features an Excellent Condition Rating following extensive system overhauls, including a new roof, HVAC, and tankless water heater. The R2 Zoning and 7,445 sqft lot offer significant upside for a second dwelling or workshop. With a Granite Kitchen and modern finishes, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2325 S J Subject | $320,000* List Price | 3 | 1 | 1,045 | $286 | - |
A 1016 Meredith Drive Sold | $285,000 | 3 | 1 | 959 | $297 | 0.5 mi |
B 1308 El Rancho Drive Sold | $339,900 | 3 | 2 | 1,130 | $301 | 0.7 mi |
C 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.
Extensively rebuilt and thoroughly upgraded with a modern kitchen featuring granite and stainless steel, updated bathroom, and major system overhauls including a new roof, HVAC, dual-pane windows, and 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 major system overhauls including a new roof, HVAC unit, dual-pane windows, and a tankless water heater, offering the buyer long-term peace of mind and energy efficiency.
The large 7,445 sqft lot features highly coveted R2 zoning and extensive concrete flatwork, providing a rare opportunity to build a second income-generating dwelling or a large workshop.
Despite having three bedrooms, the home only features one bathroom, which may be a significant drawback for larger families and can impact the property's overall marketability.
The local schools assigned to this address have ratings ranging from 3 to 4, which may be a concern for families prioritizing high-performing educational districts.
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. Step outside to 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, constructing a massive workshop, or securing ample parking for heavy-duty trucks, this property can accommodate it all.
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 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,045 | - |
| Lot Size | 7,445 | - |
| Price | $320.0K | $399.2K |
| Price per sq ft | $306 | $245 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 57 |
Jul 20, 2026
$320,000
Initial Listing
Apr 17, 2018
$166,000
Public Record