
Bakersfield, CA 93304
This Single Family Residence is a Strong Value Opportunity, listed at $315,000—positioned well below the $332,676 Fair Market Value by 5%. This valuation gap offers $17,676 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent cosmetic updates like new luxury vinyl plank flooring and dual-pane windows. Located within walking distance of multiple elementary schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with no HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2612 Norman Street Subject | $315,000* List Price | 3 | 2 | 1,572 | $212 | - |
A 3201 Durrwood Active | $369,000 List Price | 3 | 2 | 1,620 | $228 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1956, the property shows signs of a recent cosmetic renovation including new luxury vinyl plank flooring, fresh interior and exterior paint, and updated dual-pane windows. The home appears move-in ready and well-maintained, though systems and kitchen/bath specifics are likely mid-range updates.
Priced at $315,000 for a 3-bedroom, 2-bathroom layout with over 1,500 square feet, this property offers an accessible entry point and strong value for first-time homebuyers or investors in the Bakersfield market.
The home is exceptionally well-located for families, situated within walking distance of multiple elementary schools, including Frank West Elementary just 0.27 miles away.
The absence of a homeowners association fee reduces the total monthly cost of ownership and provides the owner with greater freedom regarding property modifications and maintenance.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1956, the property may require significant updates to major systems or cosmetic renovations to meet modern standards and energy efficiency expectations.
While the property is conveniently located near several schools, the assigned middle and high schools have lower performance ratings, which may be a consideration for education-focused buyers.
Exceptional opportunity in Bakersfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,572 | 1,645.732 |
| Lot Size | 6,098 | 7,650.063 |
| Price | $315.0K | $399.2K |
| Price per sq ft | $200 | $242 |
| Built year | 1956 | 1984 |
| HOA | $0 | $175 |
| Days on market | 36 | 64 |
Aug 4, 2026
$315,000
Initial Listing