
Bakersfield, CA 93306
This Spacious 5-Bedroom Residential Asset is a Strong Value Opportunity, listed at $350,000—positioned well below the $361,786 Fair Market Value by 3%. This valuation gap offers $11,786 in Instant Equity. The property maintains a Good Condition Rating with energy-efficient upgrades like HD Reflector shingles and vinyl windows. Its versatile layout, including a private patio and alley access, supports multi-generational living or income-generating potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility property near Bakersfield College.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3305 Dwight Street Subject | $350,000* List Price | 5 | 2 | 1,790 | $202 | - |
A 3701 Wenatchee Avenue Sold | $354,900 | 3 | 2 | 1,415 | $251 | 0.3 mi |
B 3221 Colgate Lane Sold | $410,000 | 4 | 2 | 2,006 | $204 | 0.3 mi |
C 3012 Maywood Drive Sold | $359,999 | 3 | 2 | 1,514 | $238 | 0.7 mi |
D 4001 Harvard Pending | $360,000 List Price | 4 | 2 | 1,809 | $199 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1959, the property has been well-maintained with significant capital improvements that align with a 5-15 year renovation cycle. Key upgrades include a newer roof (HD Reflector Series shingles), premium vinyl windows, and updated exterior paint. The interior features move-in ready finishes such as modern laminate flooring and updated bathroom vanities and fixtures. Although the kitchen cabinetry is a dated style, the inclusion of stainless steel appliances and the overall functional condition of the systems justify a Good rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7247, living area = 1790.
The property features high-quality HD Reflector shingles, Kynar Cooling exterior paint, and premium vinyl windows, which are essential for maintaining comfort and reducing utility costs in the Bakersfield climate.
With five bedrooms, two front entrances, and alley access, the home is uniquely positioned for multi-generational living or a potential duplex conversion to maximize rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7247, other record lot size in square feet = 7405.
The property was recently sold within the past year on 2025-07-14. The sold price is $349,000.00.
The ratio of five bedrooms to only two bathrooms may present functional challenges and daily bottlenecks for large families or multi-tenant living arrangements.
Spacious & energy-efficient 5-bedroom, 2-bath home with clear pride of ownership! This well-maintained property features two living areas plus a versatile bonus room, offering flexible living options including two front entrances as well as alley access for private parking. Upgrades include HD Reflector Series shingles, Kynar Cooling exterior paint, and premium vinyl windows for enhanced comfort and efficiency. Conveniently located near Bakersfield College, the layout is ideal for multi-generational living or income potential with possible duplex conversion or mother-in-law setup. A must-see opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,790 | 1,962 | 48% |
| Lot Size | 7,247 | 7,840 | 36% |
| Price | $350.0K | $360.0K | 44% |
| Price per sq ft | $196 | $204 | 36% |
| Built year | 1959 | 1980 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 197 | 4% |
May 11, 2026
$350,000
Initial Listing
Jul 14, 2025
$349,000
Public Record
Feb 28, 2002
$104,500
Public Record