534 Francis Street, Bakersfield, CA 93308, Bakersfield, 93308 - 4 bed, 2 bath
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534 Francis Street
Bakersfield, CA 93308
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,955Sq Ft
6,178Lot Size
Property Price
LIST PRICE$299,000
EST. MARKET VALUE
$307,911
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $307,912 Fair Market Value by 2%. This valuation gap offers $8,912 in Instant Equity for buyers. Featuring Paid Solar and a 1,955 sqft floor plan, the home requires significant renovation given its Condition Rating of 5. This asset is strictly for cash or private money buyers, making it an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the 93308 area.
Estimated Market Value
$307,911
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 534 Francis Street Subject 4 bd · 2 ba · 1,955 sqft · $157 | $299,000* List Price | 4 | 2 | 1,955 | $157 | - |
A 2709 Peerless Avenue Active 4 bd · 2 ba · 1,784 sqft · $173 · 0.8 mi | $308,888 List Price | 4 | 2 | 1,784 | $173 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 (48 years old) and marketed specifically to investors for 'Cash or private money only,' which indicates the property likely has safety or structural defects that prevent traditional financing. The exterior shows significant neglect, and the age suggests original systems and interiors that require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property includes fully paid solar panels, offering significant long-term utility savings and immediate value to the next owner.
- Spacious Floor Plan
With 4 bedrooms and nearly 2,000 square feet of living space, this home provides a generous layout that is highly competitive for its price point.
- Investment Potential
Priced under $300,000 in the 93308 zip code, the property presents a strong opportunity for equity growth through strategic renovations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6178, other record lot size in square feet = 6098.
- Recently Sold Property
The property was recently sold within the past year on 2026-08-31. The sold price is $264,000.00. The property was recently sold within the past year on 2026-08-31. The sold price is $240,000.00.
- Restrictive Financing
The requirement for cash or private money only significantly limits the buyer pool by excluding those relying on traditional FHA, VA, or conventional loans.
About 534 Francis Street
Calling all investors! Great opportunity in 93308 with PAID SOLAR. Cash or private money only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,178 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,955 | 1,656.81 |
| Lot Size | 6,178 | 8,069.772 |
| Price | $299.0K | $414.9K |
| Price per sq ft | $153 | $246 |
| Built year | 1978 | 1986 |
| HOA | $0 | $180 |
| Days on market | 6 | 65 |
Pricing History
Listed for Sale
Oct 19, 2026
$299,000
Initial Listing
Sold
Aug 31, 2026
$264,000
Public Record
Sold
Aug 31, 2026
$240,000
Public Record
Sold
Feb 22, 2007
$255,000
Public Record