5320 Jonah, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 2 bath
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Bakersfield, CA 93307
This Value-Add Residential Asset is listed at $265,000, positioned near its $254,383 Fair Market Value. Marketed as a light cosmetic fixer with a Fair Condition Rating, the property offers a clear path to forced appreciation and improved ROI through aesthetic renovations. Key features include vaulted ceilings, a fireplace, and a covered patio within a secure masonry-walled lot. While the solar contract requires due diligence, the structural potential remains high. This acquisition is a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a high-potential entry into the Bakersfield market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5320 Jonah Subject | $265,000* List Price | 3 | 2 | 1,068 | $238 | - |
A 201 Lois Lane Sold | $315,000 | 3 | 2 | 1,140 | $276 | 0.9 mi |
B 1401 Candace Sold | $340,000 | 3 | 2 | 1,388 | $245 | 0.9 mi |
C 5217 Stancliff Active | $325,000 List Price | 3 | 2 | 1,200 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is explicitly marketed as a 'light cosmetic fixer,' indicating that while the major systems like central HVAC are functional, the home requires aesthetic updates. The interior features 40-year-old styling, including dated kitchen cabinetry and tile flooring that, while maintained, show signs of age. It fits the 'fair' criteria as an aged home requiring minor updates and repairs to meet modern standards.
Positioned as a light cosmetic fixer, this property offers a significant opportunity for first-time buyers or investors to build immediate sweat equity through minor renovations.
The interior boasts vaulted ceilings and a cozy fireplace in the living room, creating an open and inviting atmosphere that enhances the home's perceived square footage.
The property is fully enclosed by durable masonry walls and features a covered rear patio, providing a private and secure environment for outdoor relaxation and entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5030, other record lot size in square feet = 5227.
The property previously fell out of escrow due to an unacceptable solar panel contract, which may pose a financial or contractual hurdle for the next buyer.
As a fixer-upper, the home requires immediate investment in repairs and aesthetic updates, which may be a drawback for buyers seeking a move-in-ready residence.
Here is your chance - fell out of escrow due to solar panel contract that was not acceptable to previous buyer - extraordinary opportunity to fix and save, this light cosmetic fixer is the perfect starter home with large living room with vaulted ceilings and cozy fireplace, formal dining room with custom tile throughout, spacious kitchen with plenty of cupboard space, three spacious bedrooms with 1.75 bathroom, central HVAC, masonry walls all the way around the property, covered patio in rear, two car attached garage with automatic garage door opener and full laundry hook ups in the garage - this fine home is seeking a new homeowner to call it "home sweet home" call today and schedule your private tour!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,068 | 1,100.5 | 40% |
| Lot Size | 5,030 | 6,534 | 7% |
| Price | $265.0K | $286.0K | 40% |
| Price per sq ft | $248 | $250 | 50% |
| Built year | 1984 | 1961 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 185 | 13% |
Jan 7, 2026
$265,000
Initial Listing
Nov 22, 2004
$206,000
Public Record
Aug 24, 2001
$76,500
Public Record