3206 Candlewood Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 4 bed, 3 bath
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Bakersfield, CA 93306
This Turnkey Multi-Unit Income Property is listed at $424,900, representing a specialized asset optimized for high-yield rental income. The property holds a Renovated Condition Rating and is uniquely configured into three independent living quarters: the Avocado, Orange, and Grapefruit suites. Equipped with owned solar and a covered patio, the infrastructure minimizes utility overhead. While individual units are compact and the price exceeds the $362,836 Fair Market Value, the triplex-style conversion offers a rare ROI profile for the Bakersfield market. This is a strategic acquisition for Buy-and-Hold Investors or House Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3206 Candlewood Drive Subject | $424,900* List Price | 4 | 3 | 1,517 | $239 | - |
A 3701 Wenatchee Avenue Sold | $354,900 | 3 | 2 | 1,415 | $251 | 0.1 mi |
B 3012 Maywood Drive Sold | $359,999 | 3 | 2 | 1,514 | $238 | 0.7 mi |
C 3221 Colgate Lane Sold | $410,000 | 4 | 2 | 2,006 | $204 | 0.4 mi |
D 2914 Roanoke Court Sold | $395,000 | 4 | 2 | 1,946 | $203 | 0.6 mi |
E 4001 Harvard Pending | $360,000 List Price | 4 | 2 | 1,809 | $199 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1961 property has been extensively renovated and converted into a turnkey multi-unit rental. It features modern vinyl plank flooring throughout, recessed lighting, and updated bathrooms with contemporary vanities and marble-style tiling. While the main kitchen retains older tile countertops, the cabinets have been refreshed and paired with stainless steel appliances, and the additional suites feature newer kitchenettes. The inclusion of owned solar and well-maintained systems makes it move-in ready, though its age and some vintage infrastructure elements prevent an excellent rating.
The property is uniquely configured into three separate living spaces—the Avocado, Orange, and Grapefruit suites—offering exceptional flexibility for multi-generational living or high-yield rental income as a turnkey Airbnb.
Equipped with an owned solar power system, the home provides significant long-term savings on utility costs, which is a major selling point for both owner-occupants and investors.
With a newly renovated studio and well-maintained interiors, the property presents as a move-in-ready 'gem,' reducing the immediate need for capital improvements or repairs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6823, other record lot size in square feet = 6969.
With a total of 1,517 square feet divided into three distinct units, the individual living spaces are relatively small, which may limit appeal for tenants or owners seeking more spacious accommodations.
Originally built in 1961, the property may have aging core systems such as plumbing or electrical that could require more frequent maintenance compared to newer builds, despite recent cosmetic updates.
Whether you’re searching for a turnkey Airbnb, a multi-family income property, or a flexible home with rental potential, this versatile NE gem is ready to impress. Featuring three separate living spaces, each with its own distinct appeal: The Avocado Suite: A spacious 2B/1B space offering approximately 700 sqft of comfortable living. Complete with a full kitchen and inviting living area—perfect for extended stays. The Orange Suite: This cozy 1B/1Bspace features approximately 450 sqft, a convenient kitchenette, and a warm living area with a charming fireplace. The Grapefruit Suite: A newly renovated studio apartment with its own private entrance, offering 1B/1B—ideal for guests seeking privacy or an in-law quarters. Enjoy energy efficiency with owned solar. Sip your favorite beverage under the covered patio while the nearby citrus trees add a touch of nature and freshness! Convenient alley access makes coming and going a breeze! Come tour this versatile home today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,517 | 1,819 | 41% |
| Lot Size | 6,823 | 7,438 | 24% |
| Price | $424.9K | $357.4K | 68% |
| Price per sq ft | $280 | $217 | 91% |
| Built year | 1961 | 1976 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 177 | 35% |
Dec 1, 2025
$424,900
Initial Listing
Dec 23, 2022
$170,500
Public Record
Jun 7, 2013
$140,000
Public Record
Aug 17, 1994
$96,000
Public Record