Realkey.ai
RealKey
‪(213) 433-7766‬

4116 Margalo Avenue, Bakersfield, CA 93313, Bakersfield, 93313 - 4 bed, 2 bath

4116 Margalo Avenue, Bakersfield, CA 93313 home-pic-0
ACTIVE$360,000$1,858/sqft
4116 Margalo Avenue, Bakersfield, CA 93313
4Beds
2Baths
1,858Sqft
18,391Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
ADU Development Potential: The generous 18,000+ sq. ft. lot offers ample room to build multiple Additional Dwelling Units, providing significant opportunity for rental income or multi-generational living.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18391, other record lot size in square feet = 18295.

Compared to the nearby listings

Price:$360.0K vs avg $350.0K (+$10,000)60%
Size:1,858 sqft vs avg 1,416 sqft60%
Price/sqft:$194 vs avg $25840%

More Insights

Built in 1969 (57 years old).
Condition: Built in 1969, this 55-year-old home shows significant signs of age and deferred maintenance. The kitchen is severely outdated with 1970s/80s style wood paneling and tiled countertops, indicating it's either original or was last renovated 30-50+ years ago. While functional, the property requires substantial rehabilitation, particularly for the kitchen and likely other major systems (HVAC, plumbing, electrical) which are at or past their expected lifespan. The exterior landscaping also exhibits considerable neglect.
Year Built
1969
Close
-
List price
$360K
Original List price
-
Price/Sqft
$194
HOA
$0
Days on market
-
Sold On
-
MLS number
DW25084829
Home ConditionPoor
Features
View-

About this home

Spacious Home with ADU Potential in Prime Bakersfield Location Welcome to this 1,825 sq. ft. home offering comfort, functionality, and investment opportunity all in one. Nestled on a generous 18,000+ sq. ft. lot in a quiet neighborhood on the desirable side of Bakersfield, this property provides both space and potential. Inside, youll find an open floor plan that seamlessly connects the living and dining areas, creating the perfect flow for everyday living and entertaining. The large lot offers ample room to build multiple ADUs (Additional Dwelling Units) a fantastic opportunity to generate rental income or create a multigenerational living setup. Located on a peaceful street, this property combines privacy with convenience. Enjoy being just minutes from shopping, dining, and schools, while still having the space to spread out and grow. Whether youre looking for your familys next home or an investment with incredible upside, this Bakersfield gem checks all the boxes.

V
Victor Rodriguez
Listing Agent
Condition Rating
Poor
Built in 1969, this 55-year-old home shows significant signs of age and deferred maintenance. The kitchen is severely outdated with 1970s/80s style wood paneling and tiled countertops, indicating it's either original or was last renovated 30-50+ years ago. While functional, the property requires substantial rehabilitation, particularly for the kitchen and likely other major systems (HVAC, plumbing, electrical) which are at or past their expected lifespan. The exterior landscaping also exhibits considerable neglect.
Pros & Cons

Pros

ADU Development Potential: The generous 18,000+ sq. ft. lot offers ample room to build multiple Additional Dwelling Units, providing significant opportunity for rental income or multi-generational living.
Generous Lot Size: A substantial 18,391 sq. ft. lot provides extensive outdoor space, privacy, and supports future expansion or landscaping projects.
Desirable Location: Situated in a quiet neighborhood on the desirable side of Bakersfield, offering convenience with minutes-away access to shopping, dining, and schools.
Spacious Interior & Open Floor Plan: The 1858 sq. ft. home features 4 bedrooms and 2 bathrooms with an open floor plan that seamlessly connects living and dining areas, ideal for comfortable family living and entertaining.
No Association Fees: The property has no association fees, reducing monthly ownership costs and offering greater financial flexibility.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18391, other record lot size in square feet = 18295.
Property Type Inconsistency: The property is listed as a 'Condominium' (sub_type) which contradicts the description of a 'Spacious Home' on a large private lot with ADU potential, requiring clarification on ownership structure and development rights.
Age of Property: Built in 1969, the home is over 50 years old, suggesting that major systems (HVAC, plumbing, electrical) and finishes may be original or dated, potentially requiring significant investment for modernization.
Lack of Specific Interior Updates: The description highlights potential but does not mention any recent renovations or modern interior features, implying the existing structure may require aesthetic and functional upgrades to meet contemporary standards.
Browse Properties by State Browse housing market trends by state