3206 Candlewood Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 4 bed, 3 bath
ACTIVE$424,900$1,517/sqft
Est. Value: $451,271
6%
BelowEstimate
3206 Candlewood Drive, Bakersfield, CA 93306
4Beds
3Baths
1,517Sqft
6,823Lot
Price Vs. Estimate
The estimated value ($451,270.975) is $26,370.975 (6%) higher than the list price ($424,900). This property may be underpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property is explicitly marketed as a versatile asset for Airbnb, multi-family income, or flexible rental, offering significant investment potential.
Top Cons:
MLS Listing Discrepancy: 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.
Compared to the nearby listings
Price:$424.9K vs avg $316.5K (+$108,400)86%
Size:1,517 sqft vs avg 1,627.5 sqft48%
Price/sqft:$280 vs avg $18993%
More Insights
Built in 1961 (65 years old).
Condition: Despite being built in 1961, this property has undergone extensive and recent renovations, particularly in its three distinct living spaces. The kitchens and bathrooms across all units feature modern white shaker-style cabinets, updated countertops, and contemporary fixtures. The main kitchen boasts stainless steel appliances, while the kitchenettes are functional and well-maintained. Light wood-look laminate flooring is consistent throughout, and lighting includes recessed fixtures and updated ceiling fans. The description mentions a 'newly renovated studio,' indicating very recent updates. While the visible cosmetic elements are of high quality and make the property move-in ready, the underlying structure's age (1961) and the lack of explicit details on major system replacements (HVAC, plumbing, electrical, roof) within the last 5 years prevent an 'Excellent' rating. The property fits the 'Good' criteria, having been extensively renovated within the last 5-15 years, with well-maintained systems and minimal wear and tear in its updated areas.
Year Built
1961
Close
-
List price
$425K
Original List price
-
Price/Sqft
$280
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25268356
Home ConditionGood
Features
Patio
View-
About this home
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!
L
Laurie McCarty
Listing Agent
Price History
Date
Event
Price
08/17/94
Sold
$96,000
12/23/22
Sold
$170,500
06/07/13
Sold
$140,000
Condition Rating
Good
Despite being built in 1961, this property has undergone extensive and recent renovations, particularly in its three distinct living spaces. The kitchens and bathrooms across all units feature modern white shaker-style cabinets, updated countertops, and contemporary fixtures. The main kitchen boasts stainless steel appliances, while the kitchenettes are functional and well-maintained. Light wood-look laminate flooring is consistent throughout, and lighting includes recessed fixtures and updated ceiling fans. The description mentions a 'newly renovated studio,' indicating very recent updates. While the visible cosmetic elements are of high quality and make the property move-in ready, the underlying structure's age (1961) and the lack of explicit details on major system replacements (HVAC, plumbing, electrical, roof) within the last 5 years prevent an 'Excellent' rating. The property fits the 'Good' criteria, having been extensively renovated within the last 5-15 years, with well-maintained systems and minimal wear and tear in its updated areas.
Pros & Cons
Pros
Income-Generating Potential: The property is explicitly marketed as a versatile asset for Airbnb, multi-family income, or flexible rental, offering significant investment potential.
Multiple Self-Contained Units: Features three distinct living spaces (2B/1B, 1B/1B, Studio) each with its own amenities and private entrance, maximizing rental flexibility and privacy.
Owned Solar System: Equipped with owned solar panels, providing energy efficiency and reducing utility costs for residents or the owner.
Outdoor Living Amenities: Includes a covered patio and citrus trees, enhancing the property's appeal for outdoor enjoyment and a pleasant living environment.
Convenient Alley Access: Alley access offers practical benefits for parking, separate unit entry, or ease of utility services, improving functionality.
Cons
MLS Listing Discrepancy: 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.
Zoning/Permit Uncertainty: Listed as a 'Single Family Residence' despite being marketed for multi-family/rental use, which may lead to zoning compliance issues or require specific permits for its intended operation.
Age of Property & Infrastructure: Built in 1961, the property may have aging core systems (e.g., plumbing, electrical, roof) that could require significant maintenance or upgrades in the near future.
Compact Unit Sizes: With 1517 sqft divided among three units, individual living spaces are relatively small (700 sqft, 450 sqft, studio), potentially limiting appeal for certain renters or long-term occupancy.