428 L Street, Bakersfield, CA 93304, Bakersfield, 93304 - 4 bed, 2 bath
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428 L Street
Bakersfield, CA 93304
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,193Sq Ft
9,106Lot Size
Property Price
LIST PRICE$249,950
SUMMARY
Analysis of 428 L Street, Bakersfield, CA 93304 is currently available with a list price of $249,950. 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
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1919, this century-old duplex is functional and currently tenant-occupied, but shows significant signs of age. The bathroom features dated fixtures and tiling, while the exterior and yard areas are poorly maintained, indicating a need for cosmetic updates and likely system modernizations.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow
Both units are currently occupied by tenants, providing an investor with immediate rental income and a turnkey revenue stream from the date of purchase.
- Development Potential
The property sits on a generous 9,106 sqft lot with large backyards and existing storage/garage space, offering significant flexibility for future expansion or ADU additions.
- Competitive Entry Price
Priced under $250,000 for a multi-family duplex in Central Bakersfield, this property represents a high-value opportunity for entry-level investors or those looking to scale their portfolio.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1919, the property likely requires ongoing maintenance and potential modernization of major systems to meet contemporary standards.
- Low School Ratings
The assigned public schools for this address have low ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term appreciation.
About 428 L Street
Great chance to add a duplex in Central Bakersfield for a low price, both units are rented. 2 bedroom one bath each with one of the units having an additional room the tenant is using to extend the living spcace. One tenant has been there a long time and the second tenant moved in November. Units feel bigger than expected with some additional spaces that are being used efficiently to provide more room for daily living. Large back yards and a storage/garage in one of them gives even more flexibility in the future income. These units are priced low to create interest and allow them to be sold quick.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1919
- Lot Size
- 9,106 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
McKinley Elementary School
Grades K-6 • 0.5 mi
3/10
Roosevelt Elementary School
Grades K-5 • 0.8 mi
4/10
Emerson Middle School
Grades 6-8 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 7.5 |
| Baths | 2.0 | 4.0 |
| Square foot | 2,193 | 3,255.25 |
| Lot Size | 9,106 | 9,020 |
| Price | $249.9K | $503.0K |
| Price per sq ft | $114 | $185 |
| Built year | 1919 | 1968 |
| HOA | $0 | $0 |
| Days on market | 35 | 83 |
Pricing History
Listed for Sale
Aug 5, 2026
$249,950
Initial Listing
Sold
Jul 27, 2012
$41,500
Public Record
Sold
Jul 6, 2012
$31,000
Public Record