3840 White Lane, Bakersfield, CA 93309, Bakersfield, 93309 - bed, bath
3840 White Lane
Bakersfield, CA 93309
Property Price
SUMMARY
Analysis of 3840 White Lane, Bakersfield, CA 93309 is currently available with a list price of $645,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old. The images reveal significantly dated interiors, particularly in the kitchen and bathrooms. The kitchen features older light wood cabinets, laminate countertops, white appliances, and fluorescent lighting. Bathrooms also show dated vanities, countertops, and light fixtures. While the property appears functional and maintained, it requires substantial updates to meet current aesthetic and quality standards. The property analysis also highlights its age as a weakness, suggesting potential capital expenditures for system upgrades.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Property
This fourplex offers a unique opportunity to live in one unit (3 bed, 1.5 bath) while generating rental income from three additional 1-bedroom, 1-bath units, providing immediate cash flow.
- Established Tenants
The property benefits from long-term tenants already in place, ensuring stable occupancy and immediate rental income without the need for tenant acquisition.
- Professional Management
The property is professionally managed, which can significantly reduce the operational burden for an investor and ensure efficient property upkeep.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8144, other record lot size in square feet = 8276.
- Age of Property
Built in 1973, the property is over 50 years old, which may imply a need for significant capital expenditures for system upgrades (e.g., plumbing, electrical, HVAC) or general modernization to maintain competitive rental appeal.
- Limited Unit-Specific Details
The description focuses on the investment aspect but lacks specific information regarding the current interior condition, recent renovations, or amenities of the individual units, making it difficult to fully assess their current rental value and future capital needs.
About 3840 White Lane
**Fantastic Investment Opportunity in Bakersfield!**Take advantage of this unique chance to own a fourplex where you can live in one unit and rent out the other three. Here are the highlights:One is a 3+1.5. Live in one while generating rental income from the other three 1-bedroom, 1-bath units.- **Established Tenants**: Benefit from the stability of long-term tenants already in place.- **This property is professionally managed, ensuring a hassle-free investment.- **Prime Location**: Conveniently located near schools, shops, and restaurants, making it highly attractive to renters.Don't miss out on this exceptional investment opportunity in Bakersfield!
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1973
- Lot Size
- 8,144 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,532 | - | 67% |
| Lot Size | 8,144 | 8,144 | 50% |
| Price | $645.0K | $760.0K | 33% |
| Price per sq ft | $255 | $0 | 67% |
| Built year | 1973 | 1977 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 283 | 234 | 0% |
Pricing History
Listed for Sale
May 28, 2025
$645,000
Initial Listing
Sold
Apr 6, 2022
$600,000
Public Record
Sold
May 24, 2019
$385,000
Public Record