
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 2 bd · 1 ba · 1,199 sqft · $267 | $319,950* List Price | 2 | 1 | 1,199 | $267 | - |
A 309 S Myrtle Sold 3 bd · 1 ba · 1,142 sqft · $245 · 0.4 mi | $280,000 | 3 | 1 | 1,142 | $245 | 0.4 mi |
B 2901 California Avenue Sold 3 bd · 1 ba · 1,132 sqft · $275 · 0.9 mi | $311,000 | 3 | 1 | 1,132 | $275 | 0.9 mi |
C 2709 Sunset Avenue Sold 2 bd · 1 ba · 1,364 sqft · $264 · 0.8 mi | $360,000 | 2 | 1 | 1,364 | $264 | 0.8 mi |
D 309 S Myrtle Active 3 bd · 1 ba · 1,142 sqft · $263 · 0.4 mi | $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.
Excellent income-producing opportunity in the desirable Oleander area! Ideal for investors or owner-occupants looking to offset their mortgage. Property features 2 homes on 1 lot. Front home offers 2 bdrms, 1 ba & has been extensively updated w/ newer int. & ext. paint, central heat & A/C, remodeled kitchen w/ new cabinets, countertops & fixtures, plus an updated bath. Detached rear unit offers 1 bdrm, 1 ba, perfect for rental income, extended family or guests. Covered patio & private backyard add to the appeal. Conveniently located near schools, shopping & just mins from BHS. Currently rented for $2,200/mo on a month-to-month lease ending in Oct. Sellers are willing to assist with buyer closing costs depending on the offer! Submit an offer subject to interior inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,199 | 1,656.81 |
| Lot Size | 6,071 | 8,069.772 |
| Price | $319.9K | $414.9K |
| Price per sq ft | $267 | $246 |
| Built year | 1947 | 1986 |
| HOA | $0 | $180 |
| Days on market | 108 | 65 |
Sep 8, 2026
$319,950
$325,000
-2% Price Drop
Initial Listing
Jul 8, 2026
$325,000
Initial Listing
Nov 10, 2015
$140,500
Public Record
Jun 6, 2012
$65,000
Public Record