361 Golden, Bakersfield, CA 93306, Bakersfield, 93306 - 3 bed, 1 bath
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Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $232,667 Fair Market Value by -28%. While the home carries a Fair Condition Rating due to its 1950s original infrastructure, the massive 13,545 sqft lot and 20' x 50' metal shop provide significant utility. This asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a full interior rehab to modernize the dated systems and maximize the property's inherent value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 361 Golden Subject | $300,000* List Price | 3 | 1 | 1,293 | $180 | - |
A 8507 Eucalyptus Sold | $325,000 | 3 | 2 | 1,263 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old) with no evidence of modern renovations. The kitchen and bathroom are original and severely dated, featuring damaged linoleum, missing appliances, and aged cabinetry. The interior requires a complete rehab due to extensive wear, soiled carpeting, and outdated systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13545, living area = 1293.
The property features a massive 13,545 sqft lot equipped with a substantial 20' x 50' metal shop, offering rare utility for hobbyists, storage, or home-based businesses.
With dedicated space for RVs, boats, and multiple vehicles, this home caters perfectly to outdoor enthusiasts requiring secure and spacious on-site storage.
The 3-bedroom layout is serviced by only a single bathroom, which may be a significant drawback for growing families and modern buyer expectations.
Built in 1950 and described as being 'full of potential,' the home likely requires substantial updates to its original systems and cosmetic finishes to meet current standards.
3-bedroom, 1-bath home full of potential, situated on a large lot with a spacious 20' x 50' metal shop in the backyard. Plenty of room for RV parking, boats, and other toys. Features include a living room, kitchen, enclosed patio, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,293 | 1,962 | 24% |
| Lot Size | 13,545 | 8,063 | 88% |
| Price | $300.0K | $360.0K | 20% |
| Price per sq ft | $232 | $217 | 52% |
| Built year | 1950 | 1980 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 205 | 4% |
May 27, 2026
$300,000
Initial Listing
May 7, 2026
$3,000
Public Record
Nov 1, 1995
$79,000
Public Record