
Bakersfield, CA 93305
This Recently Renovated 5-Bedroom Residence is a Prime Investment Opportunity, listed at $357,500—positioned well below the $366,212 Fair Market Value by 2%. This valuation gap offers $8,712 in Instant Equity for the incoming buyer. The property holds a Move-In Ready Condition Rating, featuring a newer HVAC system, tankless water heater, and modern plank flooring. Its rare five-bedroom configuration provides exceptional utility for large families or multi-generational living. This approved short sale represents a high-value acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, modernized asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3113 Occidental Street Subject | $357,500* List Price | 5 | 2 | 1,753 | $209 | - |
A 2701 Berkeley Sold | $310,000 | 3 | 2 | 1,761 | $176 | 0.8 mi |
B 3417 River Boulevard Sold | $295,000 | 3 | 2 | 1,571 | $188 | 0.9 mi |
C 3213 Bucknell Active | $290,000 List Price | 3 | 2 | 1,459 | $199 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently renovated and is in move-in ready condition. It features extensive modern upgrades including new plank flooring, new windows and window treatments, a newer HVAC system, and a tankless water heater. The interior and exterior show high-quality maintenance with no visible deferred maintenance.
The home features significant recent improvements including a newer HVAC system, tankless water heater, new windows, and plank flooring, ensuring a move-in ready experience for the buyer.
Listed below its recent December appraisal of $360,000, this property offers immediate equity potential and is priced competitively to attract motivated buyers.
With 5 bedrooms, this residence provides rare versatility and ample space for large families or multi-generational living, which is uncommon for homes in this price bracket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6358, other record lot size in square feet = 6534.
As an approved short sale, the transaction may involve additional administrative hurdles and potentially longer closing timelines compared to a traditional residential sale.
Originally built in 1956, the property may have older underlying utility systems or structural elements that require more maintenance than a modern build despite recent cosmetic updates.
Curb Appeal. This beautiful 5 bedroom 2 bath home in a great area in Bakerfield is calling you. It boasts openness and design for the new owner. It has been recently renewed. With a beautiful living room fireplace, all new windows and window treatments, new plank flooring, a tankless water heater, alarm/video system, newer HVAC system and a host of other amenities, it is a great move in ready home. Property was appraised at 360K in December. Seller is motivated and this is an approved short sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,753 | 1,249 | 85% |
| Lot Size | 6,358 | 6,562.5 | 50% |
| Price | $357.5K | $280.0K | 90% |
| Price per sq ft | $204 | $208 | 45% |
| Built year | 1956 | 1954 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 162 | 35% |
Jan 27, 2026
$357,500
Initial Listing
Mar 3, 2023
$335,000
Public Record
Nov 23, 2022
$233,000
Public Record
Nov 5, 1998
$70,000
Public Record