
Bakersfield, CA 93309
This property presents a High-Potential Investment Opportunity with a List Price of $299,990—positioned well above the $166,189 Fair Market Value by -80%. While the current list price exceeds the estimated market value, the 1,680 sq ft layout on a 7,840 sq ft lot offers significant value-add potential through an open-concept reconfiguration. Featuring a Condition Rating of 5, this asset requires comprehensive modernization. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation to maximize the property's underlying utility.
Property is extensive renovation needed.
Built in 1968 (56 years old) with no evidence of major renovations. The listing explicitly states it needs updating, is sold 'AS-IS,' and recommends renovation financing or cash, indicating it is a rehab project. Images show dated bathrooms, unfinished paint, and original systems/fixtures that require significant modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1680.
The 1,680 sq ft layout features both a living room and a separate family room with a fireplace, providing a flexible footprint that is ideal for modern open-concept reconfiguration.
Situated on a 7,840 sq ft lot, the property includes mature fruit trees and a covered patio, offering significant potential for enhanced curb appeal and outdoor entertainment.
The property requires comprehensive updating and is being sold in its present condition, necessitating a substantial budget for repairs and modernization.
Due to the home's current state, traditional financing may be difficult, likely restricting the buyer pool to cash, hard money, or specialized renovation loans.
Unlock the potential! This spacious 3-bedroom, 2-bath home offers 1,680 sq ft of living space on a 7,840 sq ft lot with mature fruit trees and a covered patio for outdoor enjoyment. The home features both a living room and separate family room with fireplace, a designated dining area, plus an additional eating area off the kitchen, offering a flexible layout with strong potential. Ready for a reimagined layout and design, including the possibility of creating a more open-concept floor plan and additional room conversion. Property features tile flooring throughout and is ideal for investors, flippers, or buyers seeking a renovation opportunity. Home needs updating and is priced accordingly. Property to be sold in its present AS-IS condition. Due to property condition, cash, hard money, or renovation financing is recommended.
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 | 1,680 | 1,666 | 50% |
| Lot Size | 7,840 | 8,485 | 39% |
| Price | $300.0K | $384.4K | 11% |
| Price per sq ft | $179 | $229 | 17% |
| Built year | 1968 | 1975 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 220 | 6% |
May 11, 2026
$299,990
Initial Listing
Feb 17, 2017
$180,000
Public Record
Jul 9, 2009
$130,000
Public Record