
Bakersfield, CA 93306
This versatile property represents a Prime Investment Opportunity, listed at a List Price of $349,000—positioned well below the $357,386 Fair Market Value by 2%. This valuation gap offers $8,386 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, newer HVAC, and a detached unit for rental income. This move-in ready asset is ideal for Buy-and-Hold Investors seeking cash flow or Owner-Occupants looking to offset their mortgage through multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3608 Jean Subject 4 bd · 2 ba · 1,591 sqft · $225 | $349,000* List Price | 4 | 2 | 1,591 | $225 | - |
A 807 Shalimar Drive Active 4 bd · 3 ba · 1,500 sqft · $199 · 0.3 mi | $299,000 List Price | 4 | 3 | 1,500 | $199 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1953, the property has been well-maintained and features significant renovations within the 5-15 year range. Updates include a newer HVAC system, newer roof, dual-pane windows, and an updated kitchen and bathroom with granite countertops and modern flooring, making it completely move-in ready.
The property features a detached unit with its own bedroom and full bathroom, offering excellent potential for rental income, a private guest suite, or multi-generational living arrangements.
Significant capital improvements including a newer HVAC system, a newer roof, and dual-pane windows provide enhanced energy efficiency and reduce immediate maintenance costs for the buyer.
The home boasts contemporary updates such as granite countertops in both the kitchen and bathroom, upgraded flooring, and a deep stainless-steel sink, creating a move-in-ready aesthetic.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main residence features three bedrooms but only one bathroom, which may present a functional challenge for larger families or buyers prioritizing a private primary suite.
Originally built in 1953, the property may have underlying aged utility components or structural characteristics typical of its era that require ongoing monitoring despite recent surface-level updates.
Welcome to this incredible opportunity to own a versatile property featuring a charming single-family home plus a detached unit with extra living space. The main home offers 3 bedrooms and 1 bathroom and has been thoughtfully updated over the years. Inside, you'll find upgraded flooring throughout the kitchen, living room, and hallway, while the bedrooms feature newer carpeting for added comfort. The beautifully updated kitchen showcases granite countertops, a deep stainless-steel sink, and ample workspace. The bathroom has also been upgraded with elegant granite countertops, adding a modern touch. Enjoy year-round comfort with a newer HVAC system, along with the peace of mind that comes from a newer roof and updated dual-pane windows that fill the home with an abundance of natural light. The detached unit features its own bedroom and full bathroom, offering endless possibilities. Outside, you'll appreciate the extensive concrete improvements throughout the property, creating a clean, attractive, and low-maintenance outdoor space. This unique property offers flexibility, comfort, and valueall in one. Don't miss your opportunity to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,591 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $349.0K | $414.9K |
| Price per sq ft | $219 | $246 |
| Built year | 1953 | 1986 |
| HOA | $0 | $180 |
| Days on market | 50 | 65 |
Sep 4, 2026
$349,000
Initial Listing