
Bakersfield, CA 93305
This property presents a High-Potential Investment Opportunity with a List Price of $330,000—positioned well below the $331,047 Fair Market Value by 0.32%. This Dual-Unit Asset features a 4-bedroom primary home and a 1-bedroom secondary unit on a large 8,800 sqft corner lot. With a Condition Rating of 5, the property requires a comprehensive rehab to address deferred maintenance. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize rental cash flow through strategic value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2701 N Inyo Subject | $310,000* List Price | 0 | 0 | 1,872 | $169 | - |
A 515 Crawford Street Active | $280,000 List Price | 0 | 0 | 1,446 | $194 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 with no evidence of recent renovations. Interior photos show significant deferred maintenance, including peeling paint and plaster in bathrooms, extremely dated fixtures, and worn cabinetry. The property requires a comprehensive rehab to address structural/safety aesthetics and aging systems.
The property features two separate homes on one lot, offering an excellent opportunity for rental income, cash flow, or multi-generational living.
Situated on a large 8,800 sqft corner lot that is completely fenced, providing enhanced privacy, security, and ample outdoor space for both units.
The front house offers four bedrooms, a rare find for this property type that maximizes rental value and accommodates larger families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8800, other record lot size in square feet = 8712.
The front residence contains four bedrooms but only one bathroom, which may be inconvenient for large households and could limit market appeal.
Most of the assigned local schools have low ratings (2/10), which may be a deterrent for families prioritizing high-performing educational districts.
Two homes on one large corner lot. Completely fenced for privacy and security. Live in one and rent out the other for additional cash flow. Property is currently tenant occupied. Front house is a 4 bedroom with one bath, indoor laundry and small covered patio. Has a large living room and u-shaped kitchen with a window overlooking the backyard. Back house is a one bedroom one bath, nice sized kitchen. Covered patio and laundry room. Perfect for extended family or additional cash flow. Located near schools and shopping.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,872 | 3,255.25 |
| Lot Size | 8,800 | 9,020 |
| Price | $310.0K | $503.0K |
| Price per sq ft | $166 | $185 |
| Built year | 1959 | 1968 |
| HOA | $0 | $0 |
| Days on market | 34 | 83 |
Aug 15, 2026
$310,000
$330,000
-6% Price Drop
Initial Listing
Aug 6, 2026
$330,000
Initial Listing
Dec 18, 2007
$202,000
Public Record