
Bakersfield, CA 93305
This property presents a High-Potential Investment Opportunity with a List Price of $449,999—positioned well below the $452,979 Fair Market Value by 0.66%. Featuring a Fair Condition Rating, the home requires comprehensive modernization, yet the expansive 13,624 sqft lot offers significant ADU potential and RV parking. While local school ratings are modest, the 2,029 sqft layout provides a functional foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize equity through strategic capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Panorama Subject 4 bd · 2 ba · 2,029 sqft · $223 | $449,999* List Price | 4 | 2 | 2,029 | $223 | - |
A 2137 Sacramento Active 2 bd · 2 ba · 1,271 sqft · $260 · 0.7 mi | $330,000 List Price | 2 | 2 | 1,271 | $260 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this property shows significant signs of age with no evidence of recent renovations. The bathroom features dated green fixtures and tiling likely 30-50 years old, and the kitchen and flooring appear well beyond their functional lifespan. The home requires a comprehensive rehab to address dated systems and aesthetic defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13624, living area = 2029.
The expansive 13,624 sqft lot features RV parking and significant open space, providing a prime opportunity for the construction of an Accessory Dwelling Unit (ADU) to increase property value.
Offering over 2,000 sqft of living space on a single level, the functional 4-bedroom layout is ideal for families seeking accessibility and room to grow without the inconvenience of stairs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13624, other record lot size in square feet = 13503. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local elementary and middle schools carry low ratings (2/10), which may impact long-term resale value and deter families prioritizing high-performing educational environments.
Built in 1952, the home's age suggests that original systems and structural components may require modernization or maintenance to meet contemporary efficiency and safety standards.
This one-level home has 4 bedrooms, 2 bathrooms, a curved driveway, RV parking, beautiful landscaping, and a front and backyard. Walking towards the front entrance, the property has a small porch. It gives people a clear view of the neighborhood. Walking into the house, you will have a large kitchen on the right of the home and a hallway on the left. Walk straight into the house; on the left side, you will find the living room. When going into the hallway, you will see storage, 2 closet rooms, followed by 3 large bedrooms, each have their own closet, and 1 shared restroom. The 4th large room is on the other side near the kitchen, with 1 full bath and a laundry room. When you go outside through the living room double doors, you can see the large backyard with the back gate access and entrance to the 2-car garage. Plenty of open space, even to build an ADU.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,029 | 1,656.81 |
| Lot Size | 13,624 | 8,069.772 |
| Price | $450.0K | $414.9K |
| Price per sq ft | $222 | $246 |
| Built year | 1952 | 1986 |
| HOA | $0 | $180 |
| Days on market | 9 | 65 |
Oct 16, 2026
$449,999
Initial Listing
Jun 1, 2017
$212,500
Public Record