2927 Skyline Blvd., Bakersfield, CA 93305, Bakersfield, 93305 - 3 bed, 3 bath

2927 Skyline Blvd., Bakersfield, CA 93305 home-pic-0
ACTIVE$249,900$1,811/sqft
Est. Value: $254,784
1%
FairlyEstimate
2927 Skyline Blvd., Bakersfield, CA 93305
3Beds
3Baths
1,811Sqft
6,969Lot

Price Vs. Estimate

The estimated value ($254,783.94) is $4,883.94 (1%) lower than the list price ($249,900). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: The property is explicitly marketed as an opportunity for investors or experienced buyers, offering strong upside potential due to its distressed nature and competitive list price of $249,900 for a 3-bed, 3-bath home.
Top Cons:
Squatter Occupancy & Vacancy Risk: The property is currently occupied by squatters, requiring the buyer to undertake legal action or negotiation for vacancy, which adds significant time, cost, and risk to the acquisition.

Compared to the nearby listings

Price:$249.9K vs avg $265.0K ($-15,100)40%
Size:1,811 sqft vs avg 1,196 sqft92%
Price/sqft:$138 vs avg $23928%

More Insights

Built in 1980 (46 years old).
Condition: Built in 1980, this property is being sold 'as-is' with no interior access due to squatter occupancy. The listing explicitly states 'Likely Significant Renovation Costs' and targets investors experienced in distressed properties. This indicates substantial repairs and rehabilitation are required, and the interior, including kitchen and bathrooms, is presumed to be severely outdated and in poor condition, potentially unsafe or uncomfortable without extensive work.
Year Built
1980
Close
-
List price
$250K
Original List price
-
Price/Sqft
$138
HOA
$0
Days on market
-
Sold On
-
MLS number
SR26007337
Home ConditionPoor
Features
View-

About this home

Property Description: This 3-bedroom, 3-bathroom single-family home offers 1,811 square feet of living space and sits on a 6,969 square foot lot in Bakersfield, CA. Originally built in 1980, the property includes an attached garage and features a traditional layout with ample potential for renovation or customization. Important Note: The home is currently occupied by squatters. Buyers should be aware that the property will be sold as-is and may require legal action or negotiation for vacancy. Access may be limited, and interior showings are not currently available. This is an opportunity for investors or buyers experienced in handling distressed properties to acquire a home in a desirable Bakersfield neighborhood with strong upside potential.

J
Juan Alderete
Listing Agent

Nearby schools

2/10
Myra A. Noble Elementary School
Public,K-50.3mi
2/10
Longfellow Elementary School
Public,K-61.1mi
2/10
Washington Middle School
Public,6-80.3mi
3/10
East Bakersfield High School
Public,9-121.9mi
6/10
Highland High School
Public,9-123.2mi

Price History

Date
Event
Price
11/01/18
Sold
$218,000
01/06/12
Sold
$120,000
06/07/05
Sold
$279,000
09/21/01
Sold
$105,000
Condition Rating
Poor

Built in 1980, this property is being sold 'as-is' with no interior access due to squatter occupancy. The listing explicitly states 'Likely Significant Renovation Costs' and targets investors experienced in distressed properties. This indicates substantial repairs and rehabilitation are required, and the interior, including kitchen and bathrooms, is presumed to be severely outdated and in poor condition, potentially unsafe or uncomfortable without extensive work.
Pros & Cons

Pros

Investment Opportunity: The property is explicitly marketed as an opportunity for investors or experienced buyers, offering strong upside potential due to its distressed nature and competitive list price of $249,900 for a 3-bed, 3-bath home.
Desirable Neighborhood: Located in a desirable Bakersfield neighborhood, which can contribute to future appreciation and appeal once the property issues are resolved.
Renovation Potential: Offers ample potential for renovation or customization, allowing a buyer to modernize and add significant value to the property.
Generous Living Space & Lot: With 1,811 square feet of living space, 3 bedrooms, 3 bathrooms, and a 6,969 square foot lot, the property provides a substantial footprint for comfortable living.
Proximity to Schools: Conveniently located very close to Myra A. Noble Elementary School (0.27 miles) and Washington Middle School (0.34 miles), which is attractive for families.

Cons

Squatter Occupancy & Vacancy Risk: The property is currently occupied by squatters, requiring the buyer to undertake legal action or negotiation for vacancy, which adds significant time, cost, and risk to the acquisition.
As-Is Condition & Limited Access: Sold in 'as-is' condition with limited access and no interior showings available, preventing buyers from fully assessing the property's interior condition and potential repair needs.
Likely Significant Renovation Costs: Given the 'as-is' sale, the property's age (1980), and the inability to inspect the interior, it is highly probable that significant renovation and repair costs will be required post-purchase.
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