
Bakersfield, CA 93309
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $315,000—positioned well below the $323,221 Fair Market Value by 2%. This valuation gap offers $8,221 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a renovated kitchen and a versatile 4th bedroom. Its central location and spacious backyard provide significant upside for value-add improvements. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 Western Subject | $315,000* List Price | 4 | 1 | 1,274 | $254 | - |
A 340 Western Sold | $299,000 | 3 | 1 | 1,068 | $280 | 0.1 mi |
B 225 Blomquist Drive Sold | $265,000 | 4 | 2 | 1,371 | $193 | 1.0 mi |
C 305 Jones Street Sold | $289,000 | 3 | 1 | 912 | $317 | 0.7 mi |
D 128 Western Pending | $325,000 List Price | 3 | 1 | 1,110 | $293 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the interior shows a significant kitchen renovation (approx. 10-15 years old) featuring stainless steel appliances, updated cabinetry, and tile flooring. The home appears well-maintained and move-in ready, meeting the criteria for a functional, updated older residence.
The property features a versatile 4th bedroom currently used as a laundry room, offering buyers the easy option to convert it back to a bedroom or a home office.
Situated in an established neighborhood, the home provides excellent proximity to schools, parks, shopping, and major commuter routes, ensuring high convenience.
The spacious backyard serves as a significant asset, providing ample room for outdoor entertaining, gardening, or creating a personalized private retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5610, other record lot size in square feet = 5662. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1274, other record living area = 1058.
With four potential bedrooms and only one bathroom, the home's configuration may present logistical challenges for larger families or guests.
Built in 1950, the property may require updates to its core systems and cosmetic finishes to meet modern efficiency and design standards.
Welcome to this charming home located in an established Central Bakersfield neighborhood. This inviting residence offers a functional floor plan with comfortable living spaces, 1274 SQFT of living space (according to seller) abundant natural light, and a spacious backyard perfect for entertaining, relaxing, or creating your own outdoor retreat. Conveniently situated near shopping, dining, schools, parks, and major commuter routes, this home combines comfort, convenience, and value. A wonderful opportunity for first-time buyers, growing families, or investors. 4th Bedroom is currently being used as a Landry room but it can easy be converted back to it's original use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,274 | 1,645.732 |
| Lot Size | 5,610 | 7,650.063 |
| Price | $315.0K | $399.2K |
| Price per sq ft | $247 | $242 |
| Built year | 1950 | 1984 |
| HOA | $0 | $175 |
| Days on market | 19 | 64 |
Aug 21, 2026
$315,000
Initial Listing
Jul 17, 2020
$210,000
Public Record
Apr 17, 2014
$134,000
Public Record
Feb 24, 2011
$83,000
Public Record
Nov 21, 2003
$80,000
Public Record
Aug 16, 2001
$75,500
Public Record