
Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $294,307 Fair Market Value by -1.6%. While the home carries a Condition Rating of 4, its 10,890 sqft lot and 1,765 sqft layout provide a solid foundation for value-add renovations. The aging infrastructure requires capital expenditure, but the significant size and footprint offer substantial upside for forced appreciation. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with immediate equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4010 Eton Street Subject 3 bd · 2 ba · 1,765 sqft · $167 | $299,000* List Price | 3 | 2 | 1,765 | $167 | - |
A 2813 Summit Circle Active 3 bd · 2 ba · 1,404 sqft · $178 · 0.1 mi | $250,000 List Price | 3 | 2 | 1,404 | $178 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is over 60 years old. While the exterior and landscaping appear well-maintained in the image, the age suggests that the kitchen, bathrooms, and core systems (HVAC/Electric) are likely dated or past their mid-life cycle. The listing price being significantly lower than the 2022 sale price of $358,000 indicates the home likely requires cosmetic updates and minor repairs to be competitive.
Listed at $299,000, the property is priced significantly below its 2022 sale price of $358,000, offering a high-value opportunity for investors or buyers looking for immediate equity.
The expansive 10,890 square foot lot provides substantial outdoor space, offering rare privacy and versatility for landscaping, gardening, or potential structural additions.
With 1,765 square feet of living space, this 3-bedroom home offers a larger interior footprint than many comparable homes from the same era, ensuring comfortable room dimensions.
Built in 1959, the property likely requires updates to major systems such as electrical, plumbing, and HVAC to meet modern efficiency and safety standards.
The significant price reduction compared to the 2022 sale price may indicate deferred maintenance or localized market fluctuations that could impact short-term appreciation.
Exceptional opportunity in Bakersfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,765 | 1,983 |
| Lot Size | 10,890 | 5,227 |
| Price | $299.0K | $400.0K |
| Price per sq ft | $169 | $202 |
| Built year | 1959 | 1999 |
| HOA | $0 | $342 |
| Days on market | 37 | 157 |
Sep 17, 2026
$299,000
Initial Listing
Jun 30, 2022
$358,000
Public Record
Dec 5, 2003
$173,000
Public Record
May 5, 2000
$119,000
Public Record