
Bakersfield, CA 93305
This property presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned well below the $173,527 Fair Market Value by -14%. While the home carries a Fair Condition Rating due to its 1937 vintage, it offers a clear path for value-add renovations. Located within walking distance of Myra A. Noble Elementary and Washington Middle School, the asset provides a strategic entry point for Buy-and-Hold Investors or first-time buyers seeking a manageable project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2604 N BAKER Street Subject | $199,000* List Price | 2 | 1 | 680 | $255 | - |
A 2512 N Baker Sold | $195,000 | 2 | 1 | 915 | $213 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937, this property is nearly 90 years old with no mentioned renovations. The description targeting investors and the lack of updated imagery suggest the home likely has original or aged systems and finishes that require significant rehabilitation.
Priced at $249,000 with no HOA fees, this property offers an accessible opportunity for first-time homebuyers or investors looking to enter the California market at a lower price bracket.
The property is explicitly marketed as ideal for investors, suggesting strong potential for a rental portfolio or a value-add renovation project.
The home is conveniently located within walking distance (less than 0.4 miles) of both Myra A. Noble Elementary and Washington Middle School, adding appeal for families.
At only 680 square feet for a two-bedroom layout, the interior living space is quite compact, which may limit its appeal to buyers requiring more room or storage.
Built in 1937, the property's age indicates that significant updates to major systems like plumbing, electrical, or roofing may be necessary if they haven't been recently modernized.
2 BEDROOMS 1 BAHROOM HUSE IN BAKERSFIELD, IDEAL FOR A FIRST TIME BUYER OR AN INVESTOR
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 680 | - |
| Lot Size | 3,920 | - |
| Price | $199.0K | $399.2K |
| Price per sq ft | $293 | $245 |
| Built year | 1937 | 0 |
| HOA | $0 | $0 |
| Days on market | 49 | 57 |
Jul 10, 2026
$199,000
$249,000
-20% Price Drop
Initial Listing
Jun 4, 2026
$249,000
Initial Listing
Aug 18, 2014
$39,000
Public Record
Apr 17, 2014
$30,000
Public Record