241 L Street, Bakersfield, CA 93304, Bakersfield, 93304 - bed, bath
ACTIVE$350,000/sqft
241 L Street, Bakersfield, CA 93304
0Bed
0Bath
Sqft
9,287Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Property: As a duplex with a 4-bedroom/1-bath unit and a 1-bedroom/1-bath unit, this property offers immediate rental income potential, appealing to investors or owner-occupants seeking supplemental income.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9287, other record lot size in square feet = 9147.
Compared to the nearby listings
Price:$350.0K vs avg $1.45M ($-1,100,000)50%
Size: sqft vs avg 10,280 sqft50%
Price/sqft:$0 vs avg $6250%
More Insights
Built in 1946 (80 years old).
Condition: Built in 1946, this property shows its age with dated interiors. The kitchen features older tiled flooring, basic cabinets, and countertops, though a modern refrigerator is present. The bathroom also appears dated with older fixtures. While functional and livable, the home requires minor to moderate updates to its kitchen, bathrooms, flooring, and light fixtures to meet current standards, indicating it has been maintained but not recently renovated.
Year Built
1946
Close
-
List price
$350K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
PW25176202
Home ConditionFair
Features
View-
About this home
Nice Duplex , Unit #1 4Bedrooms 1 Bath, Unit #2 1Bedroom 1 Bath
V
Veronica Salgado Montes De
Listing Agent
Nearby schools
3/10
McKinley Elementary School
Public,•K-6•0.5mi
4/10
Roosevelt Elementary School
Public,•K-5•0.7mi
2/10
Emerson Middle School
Public,•6-8•0.4mi
4/10
Bakersfield High School
Public,•9-12•0.8mi
Price History
Date
Event
Price
12/17/04
Sold
$170,000
Condition Rating
Fair
Built in 1946, this property shows its age with dated interiors. The kitchen features older tiled flooring, basic cabinets, and countertops, though a modern refrigerator is present. The bathroom also appears dated with older fixtures. While functional and livable, the home requires minor to moderate updates to its kitchen, bathrooms, flooring, and light fixtures to meet current standards, indicating it has been maintained but not recently renovated.
Pros & Cons
Pros
Income-Generating Property: As a duplex with a 4-bedroom/1-bath unit and a 1-bedroom/1-bath unit, this property offers immediate rental income potential, appealing to investors or owner-occupants seeking supplemental income.
Competitive Price Point: Listed at $350,000, this property presents an attractive and relatively affordable entry point for an income-producing asset in the Bakersfield market.
Generous Lot Size: The substantial 9,287 sq ft lot provides ample outdoor space, potential for future expansion, or additional amenities, enhancing the property's value and appeal.
No Association Fees: The absence of HOA or association fees significantly reduces the ongoing operational costs for the owner, maximizing potential net income from the rental units.
Proximity to Schools: The property is conveniently located near several schools, including highly-rated Bakersfield High (4/10) and Roosevelt Elementary (4/10), making it desirable for families with children.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9287, other record lot size in square feet = 9147.
Age of Property & Potential for Updates: Built in 1946, the property is nearly 80 years old, suggesting a high likelihood of outdated systems (plumbing, electrical, HVAC) and potential for significant repair or renovation costs to meet modern standards.
Challenging Unit Layout (4 Bed/1 Bath): The primary unit's configuration of 4 bedrooms with only one bathroom can be a significant drawback for larger families or multiple tenants, potentially limiting its rental appeal or requiring costly bathroom additions.
Lack of Detailed Condition Information: The brief description 'Nice Duplex' provides minimal insight into the current condition, recent upgrades, or maintenance history, which could imply hidden issues or a need for substantial investment post-purchase.