4504 Mesa Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 2 bed, 1 bath
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Bakersfield, CA 93306
This property presents a High-Potential Investment Opportunity with a List Price of $219,200—positioned well below the $197,192 Fair Market Value by -11%. While the property requires a full rehab due to its Fair Condition Rating, the expansive 8,304 sqft lot provides significant upside for expansion or ADU development. With no HOA fees and a stated $265,000 ARV, this asset is a time-sensitive acquisition. This is an ideal project for Fix-and-Flip Investors or Contractors capable of executing a rapid 15-day closing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4504 Mesa Drive Subject | $219,200* List Price | 2 | 1 | 770 | $256 | - |
A 901 Janice Pending | $185,000 List Price | 2 | 1 | 710 | $261 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of recent renovations, the property shows significant wear including damaged interior walls, peeling exterior paint, and dated systems such as a wall heater and swamp cooler. The listing is marketed as an 'AS-IS' investor flip with a focus on After Repair Value (ARV), confirming it requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8304, living area = 770.
The property offers an attractive equity margin for investors, listed at $219,200 with a solid stated After Repair Value (ARV) of $265,000.
Featuring an 8,304 square foot lot, the property provides substantial outdoor space relative to the home's size, offering potential for expansion or ADU development.
The seller is enforcing a tight, exclusive 15-day purchase window before removing the property from the market, requiring buyers to act and close quickly.
The property is being sold strictly in as-is condition, indicating that immediate capital and renovation work are required to realize its full value.
The best value on the market today with a solid $265k ARV. The seller is offering a tight, exclusive 15-day window for an investor to step in and take over AS-IS (Cash, Hard Money, or Conventional considered). If it doesn't sell in 15 days, it's coming off the market for an in-house remodel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 770 | - |
| Lot Size | 8,304 | - |
| Price | $219.2K | $399.2K |
| Price per sq ft | $285 | $245 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 57 |
Jun 22, 2026
$219,200
Initial Listing
Mar 12, 2025
$131,000
Public Record