2700 Lum Ave, Bakersfield, CA 93304, Bakersfield, 93304 - 2 bed, 1 bath
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2700 Lum Ave
Bakersfield, CA 93304
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
1Baths
1,185Sq Ft
6,150Lot Size
Property Price
LIST PRICE$279,000
EST. MARKET VALUE
$286,277
SUMMARY
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $279,000—positioned well below the $286,278 Fair Market Value by 2%. This valuation gap provides $7,278 in Instant Equity. With a Condition Rating of 3, the home features modern stainless steel appliances, updated flooring, and a convenient mini-split HVAC system. Located near Amy B. Seibert Elementary, this property offers a move-in-ready lifestyle for first-time buyers or a stable, low-maintenance asset for buy-and-hold investors.
Estimated Market Value
$286,277
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 |
|---|---|---|---|---|---|---|
★ 2700 Lum Ave Subject 2 bd · 1 ba · 1,185 sqft · $242 | $279,000* List Price | 2 | 1 | 1,185 | $242 | - |
A 708 Delfino Sold 3 bd · 2 ba · 1,120 sqft · $295 · 0.9 mi | $330,000 | 3 | 2 | 1,120 | $295 | 0.9 mi |
B 2812 Wilson Road Pending 4 bd · 2 ba · 1,127 sqft · $248 · 0.2 mi | $280,000 List Price | 4 | 2 | 1,127 | $248 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1956, the property shows evidence of a comprehensive renovation within the 5-15 year range. The kitchen is updated with stainless steel appliances and modern flooring, the bathroom features newer tile work and vanity, and the HVAC has been improved with a modern mini-split system. The home is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Convenience
The property is well-maintained and includes all kitchen appliances plus a washer and dryer, providing significant value and a move-in-ready experience for first-time buyers.
- Spacious Interior Layout
At 1,185 square feet, the home features an extended layout that offers more living space and versatility than the standard two-bedroom configurations typically found in this vintage.
- Market Accessibility
Priced competitively at $279,000 with a recent price reduction and no HOA fees, this home serves as an affordable entry point into the Bakersfield residential market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6150, other record lot size in square feet = 6098. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1185, other record living area = 795.
- Limited Bed and Bath Count
The 2-bedroom, 1-bathroom configuration may restrict the property's appeal for growing families or buyers who require a dedicated home office or guest suite.
- Localized Climate Control
While the living room features a mini-split system, the lack of a full central HVAC system may be a concern for maintaining consistent comfort throughout the entire home during Bakersfield's peak summer temperatures.
About 2700 Lum Ave
Welcome to this charming starter home located at 2700 Lum Ave, Bakersfield! This well-maintained 2-bedroom, 1-bathroom home offers a spacious living area with an extended layout, providing plenty of room to make it your own. The kitchen is well maintained and includes all appliances. For added convenience, the home features an interior laundry area with washer and dryer included. A mini-split system in the living room provides added comfort. Whether you're a first-time buyer or looking for a cozy home, this property is ready for its next owner. Don't miss the opportunity to make this home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,150 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Frank West Elementary School
Grades K-5 • 0.3 mi
4/10
Amy B. Seibert Elementary School
Grades K-6 • 0.4 mi
5/10
Evergreen Elementary School
Grades K-5 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,185 | 1,656.81 |
| Lot Size | 6,150 | 8,069.772 |
| Price | $279.0K | $414.9K |
| Price per sq ft | $235 | $246 |
| Built year | 1956 | 1986 |
| HOA | $0 | $180 |
| Days on market | 61 | 65 |
Pricing History
Listed for Sale
Oct 3, 2026
$279,000
$289,300
-4% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$289,300
Initial Listing
Sold
Jun 18, 2004
$119,500
Public Record