2508 Henley, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 1 bath
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2508 Henley
Bakersfield, CA 93307
ACTIVE
CONDITION: POOR
3Beds
1Baths
998Sq Ft
6,359Lot Size
Property Price
LIST PRICE$220,000
EST. MARKET VALUE
$218,110
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well below the $218,110 Fair Market Value (Note: Market value is currently aligned with list price). While the home carries a Condition Rating of 5, the 6,359-square-foot lot and functional layout provide a solid foundation for value-add renovations. The property offers a strategic entry point for Buy-and-Hold Investors or first-time buyers capable of executing cosmetic updates to modernize the interior and improve long-term equity.
Estimated Market Value
$218,110
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2508 Henley Subject | $220,000* List Price | 3 | 1 | 998 | $219 | - |
A 618 Bates Avenue Active | $249,000 List Price | 3 | 1 | 1,243 | $200 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1962 (62 years old) with no mention of recent renovations. The exterior shows signs of deferred maintenance, including a cracked driveway and a dated swamp cooler instead of central HVAC. The listing description's focus on 'endless potential' and 'investors' typically indicates the interior, kitchen, and baths require significant rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $220,000, this property represents a highly accessible entry point for first-time homebuyers and investors looking for a sub-$250k opportunity in the California market.
- Generous Lot Size
The 6,359-square-foot lot offers significant outdoor space for a home of this size, providing ample room for landscaping, outdoor entertaining, or potential future expansions.
- Strategic Location
Situated in a convenient Bakersfield neighborhood, the home is located close to schools, shopping centers, and parks, enhancing its appeal for families and rental demand.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6359, other record lot size in square feet = 6534.
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the property may face functional challenges for larger households and could be a drawback for resale value compared to 2-bath homes.
- Compact Living Space
At just 998 square feet, the interior living area is relatively small for a 3-bedroom residence, which may result in tighter bedroom dimensions and limited common area space.
About 2508 Henley
Welcome to this charming 3-bedroom, 1-bath home offering comfortable living and endless potential. Featuring a functional layout, spacious yard, and convenient Bakersfield location close to schools, shopping, and parks, this property is perfect for first-time buyers, investors, or anyone looking for a place to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,359 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 998 | 1,645.732 |
| Lot Size | 6,359 | 7,650.063 |
| Price | $220.0K | $399.2K |
| Price per sq ft | $220 | $242 |
| Built year | 1962 | 1984 |
| HOA | $0 | $175 |
| Days on market | 50 | 64 |
Pricing History
Listed for Sale
Jul 21, 2026
$220,000
Initial Listing
Sold
Jan 3, 2007
$219,500
Public Record
Sold
Sep 30, 2005
$100,000
Public Record