401 4th, Bakersfield, CA 93304, Bakersfield, 93304 - 2 bed, 1 bath
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401 4th
Bakersfield, CA 93304
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,130Sq Ft
0Lot Size
Property Price
LIST PRICE$224,900
EST. MARKET VALUE
$238,833
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $224,900—positioned well below the $238,834 Fair Market Value by 5%. This valuation gap offers $13,934 in Instant Equity for buyers prepared to address the Condition Rating of 5. The 1,130-square-foot floor plan provides a functional foundation for a full-scale renovation. Given the significant infrastructure updates required, this asset is a high-reward acquisition specifically tailored for Fix-and-Flip Investors or Contractors seeking a value-add project in the Bakersfield market.
Estimated Market Value
$238,833+$13,933 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 4th Subject 2 bd · 1 ba · 1,130 sqft · $211 | $224,900* List Price | 2 | 1 | 1,130 | $211 | - |
A 514 L Sold 2 bd · 1 ba · 892 sqft · $230 · 0.6 mi | $205,000 | 2 | 1 | 892 | $230 | 0.6 mi |
B 213 T Street Active 3 bd · 1 ba · 1,040 sqft · $216 · 0.2 mi | $225,000 List Price | 3 | 1 | 1,040 | $216 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1949 with no evidence of recent renovations. The interior shows significant neglect, including holes in the bathroom walls, doors detached from frames, and outdated wall-unit heating. The listing explicitly targets investors and flippers, indicating a need for a full rehab due to safety and structural defects.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Positioned as a prime value-add project, this property offers significant upside for investors or flippers looking to renovate and capitalize on the Bakersfield market.
- Functional Layout
The 1,130-square-foot home features a practical floor plan that provides a solid foundation for modernization without requiring extensive structural reconfiguration.
- No HOA Costs
With zero association fees, the property offers lower monthly carrying costs, maximizing potential ROI for rental investors or long-term affordability for buyers.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-09-15. The sold price is $132,500.00.
- Extensive Renovation Needed
The property requires significant updates and repairs, necessitating a buyer with a contractor and a substantial budget for improvements.
- Aged Infrastructure
Originally built in 1949, the home likely requires modernization of core systems such as electrical and plumbing to meet current building codes and buyer expectations.
About 401 4th
Investor Opportunity In Bakersfield! This 2-Bedroom, 1-Bath Home Offers A Great Opportunity For Investors, Flippers, Or Buyers Looking For A Value-Add Project. The Functional Floor Plan Provides A Solid Starting Point, While The Property's Current Condition Allows You To Reimagine The Space And Add Your Own Finishes. With The Right Updates And Improvements, This Home Has The Potential To Become A Desirable Residence Or A Strong Investment. Bring Your Contractor, Vision, And Renovation Plans. This Is A Great Opportunity To Unlock The Property's Full Potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,130 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $224.9K | $414.9K |
| Price per sq ft | $199 | $246 |
| Built year | 1949 | 1986 |
| HOA | $0 | $180 |
| Days on market | 16 | 65 |
Pricing History
Listed for Sale
Oct 8, 2026
$224,900
Initial Listing
Sold
Sep 15, 2026
$132,500
Public Record