
Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $293,861 Fair Market Value by 4%. This valuation gap offers $13,861 in Instant Equity. Featuring a Condition Rating of 3, the home offers a renovated interior paired with a Generous 7,958 sqft Lot. While the layout requires functional consideration, the Flexible Floor Plan and prime location near schools provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3029 Crestline Subject 3 bd · 1 ba · 1,296 sqft · $227 | $280,000* List Price | 3 | 1 | 1,296 | $227 | - |
A 1321 Vale Active 3 bd · 1 ba · 1,136 sqft · $255 · 0.2 mi | $289,999 List Price | 3 | 1 | 1,136 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1950, the interior shows evidence of a significant recent renovation (likely within the last 5-10 years). The bathroom features modern marble-style tiling, a pebble-floor walk-in shower with glass doors, and updated fixtures. Newer laminate flooring is present in the living areas, suggesting the home is well-maintained and move-in ready despite the older exterior and unkempt yard.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7958, living area = 1296.
Conveniently situated in Northeast Bakersfield near essential shopping centers and schools, making it highly accessible for families and commuters.
The inclusion of a bonus room alongside three bedrooms offers versatile space for a home office, hobby room, or additional living area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7958, other record lot size in square feet = 7840.
With only one bathroom serving three bedrooms and a bonus room, the layout may present functional challenges for larger households.
Built in 1950 and marketed as needing a 'personal touch,' the property likely requires modernization and updates to its original systems and finishes.
Welcome to Northeast Bakersfield! Conveniently located near shopping centers and schools, this 3-bedroom, 1-bathroom property also offers a bonus room for added flexibility. With plenty of potential, this home is a great opportunity for buyers looking to add their personal touch and make it their own. Don't miss out on this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,296 | 1,656.81 |
| Lot Size | 7,958 | 8,069.772 |
| Price | $280.0K | $414.9K |
| Price per sq ft | $216 | $246 |
| Built year | 1950 | 1986 |
| HOA | $0 | $180 |
| Days on market | 23 | 65 |
Oct 1, 2026
$280,000
Initial Listing
Aug 30, 2018
$140,000
Public Record
Sep 29, 2015
$125,000
Public Record