
Bakersfield, CA 93309
This Value-Add Residential Asset represents a significant modernization project in Southwest Bakersfield. Listed at $375,000, the property serves as an accessible entry point into the market, though it currently sits above the $265,890 Fair Market Value. With a Condition Rating of 5, the 1,210-square-foot home requires substantial capital improvements and system updates to meet contemporary standards. The expansive 7,159 Square Foot Lot provides significant utility for expansion or ADU development with zero association fees. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capture value through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3520 Planz Subject | $375,000* List Price | 3 | 2 | 1,210 | $220 | - |
A 4517 Meadowlark Way Sold | $315,000 | 3 | 2 | 1,208 | $261 | 0.9 mi |
B 3705 Valley Springs Sold | $338,000 | 3 | 2 | 1,425 | $237 | 0.2 mi |
C 4507 Posada Avenue Pending | $319,000 List Price | 3 | 2 | 1,420 | $225 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962, this property shows significant signs of deferred maintenance and aging infrastructure. The exterior image reveals unkempt landscaping, worn siding, and an older window that appears to be taped or temporarily repaired. The property analysis explicitly notes that the home necessitates capital improvements and modernization of major systems to meet contemporary standards, indicating a need for substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7159, living area = 1210.
Priced at $375,000, this property offers an accessible entry point into the Bakersfield market for first-time homebuyers or savvy investors.
With zero association fees, homeowners enjoy lower monthly carrying costs and greater flexibility regarding property use and modifications.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7159, other record lot size in square feet = 6969.
Built in 1962, the home may necessitate capital improvements or modernization of major systems to align with contemporary efficiency standards.
With 1,210 square feet distributed across three bedrooms, the living areas may feel constrained for buyers seeking a more open or expansive floor plan.
Exceptional opportunity in Bakersfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,210 | 1,596 | 22% |
| Lot Size | 7,159 | 7,880 | 34% |
| Price | $375.0K | $375.0K | 50% |
| Price per sq ft | $310 | $238 | 97% |
| Built year | 1962 | 1972 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 189 | 3% |
Mar 24, 2026
$375,000
Initial Listing
Nov 14, 2008
$94,000
Public Record
Jan 13, 2006
$240,000
Public Record
Nov 8, 2005
$200,000
Public Record
Jun 16, 2000
$86,500
Public Record