5517 Monitor Street, Bakersfield, CA 93307, Bakersfield, 93307 - 4 bed, 3 bath
5517 Monitor Street
Bakersfield, CA 93307
Property Price
SUMMARY
Analysis of 5517 Monitor Street, Bakersfield, CA 93307 reveals a Fairly Priced Property with a current list price of $389,900 aligned with the estimated $389,900 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5517 Monitor Street Subject | $389,900* List Price | 4 | 3 | 1,699 | $229 | - |
A 1504 Santiago Court Sold | $365,000 | 4 | 3 | 1,557 | $234 | 0.4 mi |
B 1401 Candace Sold | $340,000 | 3 | 2 | 1,388 | $245 | 0.9 mi |
C 5320 Jonah Street Active | $309,000 List Price | 3 | 2 | 1,068 | $289 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property has undergone extensive recent renovations, including a brand new, modern white kitchen with new stainless steel appliances, new flooring throughout, fresh interior and exterior paint, and a new water heater. These updates make the home largely move-in ready. However, the bathrooms, while clean and functional, feature older vanities and light fixtures that have not been fully updated to the same modern standard as the kitchen. Additionally, the apparent absence of a modern central HVAC system (indicated by visible window AC units) is a notable drawback, preventing an 'Excellent' rating where all major components are virtually new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Renovation
The property boasts a brand new white kitchen, fresh interior paint, newly painted outdoor trim and concrete, new water heater, and new flooring throughout, offering a move-in ready modern aesthetic.
- Versatile Bonus Space with Income Potential
A converted garage with new carpet and a closet provides flexible use as a 5th bedroom, family room, game room, or potential rental unit, enhanced by a nearby bathroom for privacy.
- R2 Zoning for Future Development
The R2 zoning designation offers significant potential for future expansion, an Accessory Dwelling Unit (ADU), or even duplex conversion, adding long-term value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5062, other record lot size in square feet = 5227.
- Unspecified HVAC System
While many updates are noted, the description does not specify the condition or presence of a modern central air conditioning system, which is crucial in Bakersfield's climate and may require future investment.
- Permitting Status of Converted Garage
The 'converted garage' offers versatility but its permitting status as a legal 5th bedroom or rental unit is not specified, potentially requiring further investigation or compliance work.
About 5517 Monitor Street
Welcome home! Just in time for the holidays, Come take a look at this gem! Featuring 4 bedrooms, 2.5 Bathrooms, Master bedroom conveniently located upstairs, a Brand new beautiful white kitchen, Fresh paint inside, Fresh painted outdoor trim and concrete, New water heater, New flooring through out. This beautiful newly remodeled home also features a converted garage with new carpet, and a closet, which has endless potential. It can be used as a 5th bedroom, a family room, game room, or even a rental space. One of the bathrooms is conveniently right next to the room to add privacy if one decided to rent this room out. The large back yard is a great space for entertaining it features a good sized patio and great yard space. Did I mention this lot is also an R2, Conveniently Located in an established neighborhood near schools, shopping, and highways. Call your favorite Realtor and schedule to see this home today, it won't last.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 5,062 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,699 | 1,200 | 90% |
| Lot Size | 5,062 | 6,581 | 7% |
| Price | $389.9K | $317.5K | 83% |
| Price per sq ft | $229 | $242 | 30% |
| Built year | 1985 | 1973 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 118 | 164 | 20% |
Pricing History
Listed for Sale
Nov 9, 2025
$389,900
Initial Listing
Sold
Sep 18, 2002
$112,000
Public Record