600 Olive, Bakersfield, CA 93304, Bakersfield, 93304 - 3 bed, 2 bath
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Bakersfield, CA 93304
This Dual-Unit Residential Property functions as a versatile income-producing asset with a List Price of $407,000. Positioned slightly above the $380,963 Fair Market Value, the valuation accounts for the rare Two Homes on One Lot configuration and a Condition Rating of 3. Recent upgrades include Fresh Interior Paint, Wood-Look Flooring, and a New Mini-Split System in the rear unit. Located near major transit in the Oleander area, this property offers immediate utility for Buy-and-Hold Investors or Owner-Occupants pursuing a high-utilization house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 Olive Subject | $407,000* List Price | 3 | 2 | 1,392 | $274 | - |
A 160 Oleander Avenue Sold | $375,000 | 4 | 2 | 1,384 | $271 | 0.8 mi |
B 3025 San Emidio Sold | $340,000 | 3 | 2 | 1,249 | $272 | 0.2 mi |
C 412 Beech Active | $365,000 List Price | 3 | 2 | 1,503 | $243 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1926, the property has undergone recent cosmetic renovations including fresh interior paint and new wood-look flooring throughout. The kitchen and bathrooms are functional and well-maintained, and the inclusion of a new mini-split HVAC system in the rear unit supports a move-in ready status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7508, living area = 1392.
The property features two separate homes on a single corner lot, providing an exceptional opportunity for rental income, an ADU-style setup, or multi-generational living.
Both residences boast fresh interior paint and modern wood-look flooring, ensuring a clean, move-in-ready aesthetic for immediate occupancy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7508, other record lot size in square feet = 7405.
Built in 1926, the property may possess aging plumbing, electrical, or structural components common to historic homes that could require future capital expenditure.
The current list price represents a significant jump from the 2023 sale price of $250,000, which may lead to appraisal challenges or scrutiny regarding market value.
Two homes on one corner lot in the Oleander area. Incredible opportunity to own a versatile property perfect for multi-generational living, generating rental income, or maximizing your investment potential! The main home offers wood-look flooring throughout and a bright kitchen with plenty of natural light. Both homes feature fresh interior paint for a clean, move-in ready feel. The back unit is a 1 bedroom, 1 bathroom home with a full kitchen and includes a new mini-split system for efficient heating and cooling. Separate living spaces provide flexibility for tenants, extended family, or guests. Great opportunity for buyers seeking an income-producing property or ADU-style setup. Conveniently located near the 99 freeway, schools, shopping, and amenities. Don’t miss this versatile property!
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 | 1,392 | 1,266 | 70% |
| Lot Size | 7,508 | 6,925.5 | 70% |
| Price | $407.0K | $322.5K | 90% |
| Price per sq ft | $292 | $260 | 90% |
| Built year | 1926 | 1956 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 237 | 10% |
May 5, 2026
$407,000
Initial Listing
Sep 20, 2023
$250,000
Public Record
Feb 29, 2008
$240,000
Public Record
May 31, 2005
$195,000
Public Record
Nov 21, 2002
$91,500
Public Record