3709 Jewett, Bakersfield, CA 93301, Bakersfield, 93301 - bed, bath
ACTIVE$490,000$1,260/sqft
3709 Jewett, Bakersfield, CA 93301
0Bed
0Bath
1,260Sqft
5,372Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Recent Extensive Renovation: The property was rebuilt from the ground up in 2022, indicating modern systems, reduced immediate maintenance needs, and updated aesthetics.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5372, other record lot size in square feet = 5215.
Compared to the nearby listings
Price:$490.0K vs avg $450.0K (+$40,000)50%
Size:1,260 sqft vs avg 1,558 sqft50%
Price/sqft:$389 vs avg $30550%
More Insights
Built in 1949 (77 years old).
Condition: Despite the original build year of 1949, the property was 'rebuilt from the ground up in 2022.' This extensive renovation, completed within the last 5 years, indicates that all major components, systems, and aesthetics are new or virtually new, meeting current quality standards. The exterior image provided supports a very recent and thorough renovation with new stucco, windows, and concrete work. While interior images are not available to assess kitchen and bathroom specifics, the 'rebuilt from the ground up' description strongly implies modern, updated features throughout.
Year Built
1949
Close
-
List price
$490K
Original List price
-
Price/Sqft
$389
HOA
$0
Days on market
-
Sold On
-
MLS number
DW25264279
Home ConditionExcellent
Features
View-
About this home
Take advantage of this prime condition 3 unit income property. Up to date rents with regular scheduled increases. Very clean and cooperative tenants. One 1 bed and 1 bath unit and two 2 bed and 1 bath units for a total of 5 bedrooms and 3 baths. This is the perfect income property to add to your portfolio. Priced to sell and generate you income right away! Not to mention the property was rebuilt from the ground up in 2022. This property is nestled in the heart of Bakersfield right across the street from Stella Hills Elementary school. Very close to the Kern County Museum, Stramler Park, Bakersfield Batting Range, Rollerama, Petro Sopping center, Memorial Hospital and much more! Please do not bother tenants. Offer is subject to interior inspection. Buyers and buyer agent to verify all information.
N
Noe Reyes
Listing Agent
Price History
Date
Event
Price
11/16/23
Sold
$445,000
12/16/21
Sold
$75,000
05/20/19
Sold
$121,500
02/05/16
Sold
$135,000
Condition Rating
Excellent
Despite the original build year of 1949, the property was 'rebuilt from the ground up in 2022.' This extensive renovation, completed within the last 5 years, indicates that all major components, systems, and aesthetics are new or virtually new, meeting current quality standards. The exterior image provided supports a very recent and thorough renovation with new stucco, windows, and concrete work. While interior images are not available to assess kitchen and bathroom specifics, the 'rebuilt from the ground up' description strongly implies modern, updated features throughout.
Pros & Cons
Pros
Recent Extensive Renovation: The property was rebuilt from the ground up in 2022, indicating modern systems, reduced immediate maintenance needs, and updated aesthetics.
Immediate Income Generation: As a prime condition 3-unit income property with up-to-date rents, it is positioned to generate income right away for an investor.
Stable & Cooperative Tenancy: The presence of very clean and cooperative tenants with regular scheduled rent increases suggests a stable and well-managed income stream.
Desirable Central Location: Nestled in the heart of Bakersfield, directly across from Stella Hills Elementary and close to numerous amenities like parks, museums, and Memorial Hospital, enhancing tenant appeal.
Multi-Unit Investment Opportunity: A triplex offers diversified income streams (one 1-bed/1-bath and two 2-bed/1-bath units), making it an excellent addition to an investment portfolio.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5372, other record lot size in square feet = 5215.
Restricted Initial Access: The instruction 'Please do not bother tenants. Offer is subject to interior inspection' can complicate initial buyer viewings and due diligence.
Compact Unit Sizes: With a total of 1260 sqft for three units (5 bedrooms, 3 baths total), individual unit sizes are likely quite small, which could limit tenant appeal or rental income potential compared to larger units.
Recent Price Appreciation: The property was sold for $445,000 in 2023 and is now listed at $490,000. While market appreciation is possible, this significant price increase in a short period might require clear justification for some buyers.