2920 Gemline Avenue, Bakersfield, CA 93304, Bakersfield, 93304 - 4 bed, 2 bath
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2920 Gemline Avenue
Bakersfield, CA 93304
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,581Sq Ft
7,421Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$388,893
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $375,000—positioned well below the $388,893 Fair Market Value by 3%. This valuation gap offers $13,893 in Instant Equity. Featuring a Mint Condition Rating with a brand new HVAC, quartz kitchen, and renovated baths, the home offers immediate lifestyle appeal. The large corner lot with RV Parking and a Covered Patio adds significant utility. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Estimated Market Value
$388,893+$13,893 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2920 Gemline Avenue Subject | $375,000* List Price | 4 | 2 | 1,581 | $246 | - |
A 3201 Durrwood Active | $369,000 List Price | 3 | 2 | 1,620 | $228 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (less than 5 years) including a brand new HVAC unit, a fully updated kitchen with quartz countertops and new cabinets, and completely remodeled bathrooms with modern tile work. With fresh interior/exterior paint and recessed LED lighting, it is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7421, living area = 1581.
- Modern Interior Upgrades
The home features high-end finishes including quartz countertops, new cabinetry, and renovated bathrooms with tiled showers, offering a contemporary, move-in-ready aesthetic.
- New HVAC System
A brand new HVAC unit provides essential climate control and energy efficiency, representing a significant capital improvement and peace of mind for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2026-06-10. The sold price is $250,000.00.
- Property Age
Built in 1960, the home may have aging underlying infrastructure, such as original plumbing or electrical components, that were not addressed in the cosmetic renovation.
About 2920 Gemline Avenue
Check out this darling Southwest Bakersfield gem with a brand new HVAC unit! Situated on a desirable corner lot, this beautifully updated split-wing 4 bedroom, 2 bathroom home offers RV parking and a long list of stylish upgrades. Step inside to fresh interior and exterior paint, sparkling quartz countertops, brand new cabinets in the kitchen with brushed nickel accents, stainless steel appliances, a charming farmhouse sink, updated lighting, and recessed LED lights throughout. Cozy up by the fireplace or retreat to the beautifully renovated bathrooms featuring stunning tiled showers and wood-framed mirror accents. Outside, enjoy lush landscaped planter beds, a covered patio perfect for entertaining and plenty of space for your RV, trailer, or toys. Conveniently located near shopping, restaurants, parks and schools, this move-in ready charmer is one you do not want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,421 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,581 | 1,645.732 |
| Lot Size | 7,421 | 7,650.063 |
| Price | $375.0K | $399.2K |
| Price per sq ft | $237 | $242 |
| Built year | 1960 | 1984 |
| HOA | $0 | $175 |
| Days on market | 41 | 64 |
Pricing History
Listed for Sale
Jul 30, 2026
$375,000
Initial Listing
Sold
Jun 10, 2026
$250,000
Public Record