
Bakersfield, CA 93306
This dual-unit property represents a Strong Value Opportunity, listed at $419,000, which aligns with its $419,000 Fair Market Value. Featuring a Good Condition Rating due to recent comprehensive renovations, including New Roofs, Quartz Kitchens, and Energy-Efficient Mini-Split Systems, this asset minimizes immediate capital expenditure. The versatile layout, featuring a 2-bedroom and 3-bedroom configuration, provides significant rental income potential or house-hacking utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating residential asset in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 Hill Subject 5 bd · 0 ba · 1,416 sqft · $296 | $419,000* List Price | 5 | 0 | 1,416 | $296 | - |
A 603 Hill Street Active 0 bd · 0 ba · 1,416 sqft · $293 · 0.0 mi | $415,000 List Price | 0 | 0 | 1,416 | $293 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1949, the property has undergone a recent comprehensive renovation (<5 years) featuring brand new roofs, modern kitchens with quartz countertops and stainless steel appliances, new flooring, and updated energy-efficient mini-split HVAC systems.
The property features two separate units (a 2-bedroom and a 3-bedroom), offering excellent opportunities for rental income, house-hacking, or multi-generational living.
Significant capital improvements including new roofs, quartz countertops, modern cabinetry, and energy-efficient mini-split systems minimize immediate maintenance needs and enhance tenant appeal.
The lot provides ample parking for multiple vehicles or RVs, complemented by new fencing and upgraded yard areas, which are highly desirable features in the local market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
With 177 days on the market, the property has significantly exceeded average selling times, which may suggest the current list price is not aligned with buyer expectations.
Built in 1949 with a total of only 1,416 square feet across five bedrooms, the individual rooms and common areas are likely quite small, potentially limiting comfort for larger households.
TWO UNITS WITH NEW ROOFS. This beautifully upgraded property features two separate units, each offering ample parking for multiple vehicles or RVs, along with generous outdoor space for relaxation and entertaining\. Both units have NEW ROOFS, newer kitchens with quartz countertops, modern cabinetry, washer and dryer hookups, and energy\-efficient mini\-split systems for heating and cooling\. The front unit includes two bedrooms, one bathroom, and new flooring, while the rear unit offers three bedrooms and one bathroom\. Additional improvements include new fencing, a concrete driveway, and upgraded front and rear yard areas\. Don t miss this incredible opportunity\!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,416 | 3,050.111 |
| Lot Size | - | 8,743.333 |
| Price | $419.0K | $480.4K |
| Price per sq ft | $296 | $188 |
| Built year | 1949 | 1966 |
| HOA | $0 | $0 |
| Days on market | 205 | 84 |
Apr 2, 2026
$419,000
Initial Listing
Jul 13, 2018
$154,500
Public Record
Jul 29, 2015
$110,000
Public Record
Aug 2, 2004
$168,000
Public Record
Apr 23, 2004
$45,000
Public Record