
Bakersfield, CA 93308
This Value-Add Residential Asset is listed at $285,000, reflecting a stable entry point into the North Bakersfield market near its $263,730 Fair Market Value. Currently maintaining a Condition Rating of 4, the property offers significant forced appreciation potential through its 7,686 sqft lot, which is large enough to accommodate a second home or ADU. The inclusion of Solar Panels ensures low utility costs, while the large bonus room and private patio provide immediate functional value. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 Douglas Subject | $275,000* List Price | 3 | 1 | 1,102 | $242 | - |
A 2104 Watson Street Sold | $333,000 | 3 | 2 | 1,528 | $218 | 0.8 mi |
B 1921 Esther Sold | $255,000 | 3 | 2 | 1,350 | $189 | 0.5 mi |
C 513 Washington Avenue Sold | $245,000 | 0 | 0 | 1,056 | $232 | 0.7 mi |
D 914 Wilson Ave Avenue Sold | $275,000 | 3 | 2 | 936 | $294 | 0.9 mi |
E 209 Decatur Street Sold | $250,000 | 2 | 1 | 944 | $265 | 0.9 mi |
F 321 Circle Drive Active | $309,999 List Price | 3 | 1 | 1,147 | $270 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property is well-maintained but shows its age. While it features some modern updates such as newer laminate flooring in the living areas and a refreshed bathroom vanity, the kitchen remains dated with older oak cabinetry and tile countertops. The home is move-in ready but requires minor cosmetic updates and potential system modernizations typical for a property of this vintage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7686, living area = 1102.
The expansive 7,686 sqft lot is large enough to accommodate a second home or ADU, providing significant upside for investors or multi-generational families.
The inclusion of solar panels is a major asset that helps maintain low utility costs, offering long-term financial savings for the homeowner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7686, other record lot size in square feet = 7840.
The current 1-bathroom configuration for a 3-bedroom home may be a drawback for families and could necessitate immediate renovation to improve functionality.
Dating back to 1947, the property may require modernizing of core systems like plumbing or electrical to ensure long-term reliability.
Perfect 2 bedroom 1 bath + large bonus room starter home with large lot that could accommodate a second home, the storage room adjacent to the primary suite could be converted into a second bath. The front yard has 2 trailer hookups, an enclosed fence and solar panels to keep utilities low. Come take a look, it's a good vibe.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 1,102 | 1,350 | 32% |
| Lot Size | 7,686 | 7,404 | 54% |
| Price | $275.0K | $314.0K | 38% |
| Price per sq ft | $250 | $224 | 62% |
| Built year | 1947 | 1959 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 191 | 8% |
Apr 21, 2026
$275,000
$279,000
-1% Price Drop
Initial Listing
Apr 15, 2026
$279,000
$280,000
+0% Price Increase
Initial Listing
Apr 5, 2026
$280,000
$285,000
-2% Price Drop
Initial Listing
Feb 2, 2026
$285,000
Initial Listing
Jul 1, 2022
$244,000
Public Record
Mar 4, 2010
$57,000
Public Record
Mar 2, 2006
$162,000
Public Record
May 6, 2004
$121,000
Public Record