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603 Hill Street, Bakersfield, CA 93306, Bakersfield, 93306 - 5 bed, 2 bath

603 Hill Street, Bakersfield, CA 93306 home-pic-0
ACTIVE$425,000$1,416/sqft
603 Hill Street, Bakersfield, CA 93306
5Beds
2Baths
1,416Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: Features two distinct units (2BD/1BA and 3BD/1BA), offering immediate rental income potential or an attractive owner-occupy with supplemental income strategy.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1416, other record living area = 1104. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1949 (77 years old).
Condition: The property features brand-new kitchens and bathrooms with quartz countertops and stylish cabinetry, along with modern mini-split systems for heating and cooling, making it move-in ready. However, despite these extensive interior remodels, the 1949 build year suggests that underlying infrastructure (plumbing, electrical, foundation) may still be original or older, preventing an 'Excellent' rating where all components are virtually new.
Year Built
1949
Close
-
List price
$425K
Original List price
-
Price/Sqft
$300
HOA
$0
Days on market
-
Sold On
-
MLS number
FR25107811
Home ConditionGood
Features
View-

About this home

Discover a unique investment opportunity at 603 Hill St, Bakersfield, CA 93306. This duplex features two separate units: a front unit with 2 bedrooms and 1 bathroom, and a rear unit offering 3 bedrooms and 1 bathroom. Each unit has been thoughtfully remodeled, showcasing brand-new kitchens and bathrooms with quartz countertops and stylish cabinetry, reflecting pride of ownership. The property spans 1,416 sq ft on a 6,803 sq ft lot and includes ample parking space, accommodating up to two RVs and multiple vehicles. Both units are equipped with mini-split systems for efficient heating and cooling, as well as washer and dryer hookups for added convenience. Located in the East Niles neighborhood, this property offers easy access to local amenities, schools, and major highways. It's FHA eligible, making it an ideal choice for first-time homebuyers seeking to live in one unit while renting out the other, or for investors aiming to generate passive income. Don't miss out on this versatile property. Schedule your private showing today!

O
Oscar Martinez
Listing Agent

Price History

Date
Event
Price
07/13/18
Sold
$154,500
07/29/15
Sold
$110,000
08/02/04
Sold
$168,000
04/23/04
Sold
$45,000
Condition Rating
Good
The property features brand-new kitchens and bathrooms with quartz countertops and stylish cabinetry, along with modern mini-split systems for heating and cooling, making it move-in ready. However, despite these extensive interior remodels, the 1949 build year suggests that underlying infrastructure (plumbing, electrical, foundation) may still be original or older, preventing an 'Excellent' rating where all components are virtually new.
Pros & Cons

Pros

Income-Generating Duplex: Features two distinct units (2BD/1BA and 3BD/1BA), offering immediate rental income potential or an attractive owner-occupy with supplemental income strategy.
Extensive Modern Remodels: Both units boast brand-new kitchens and bathrooms with quartz countertops and stylish cabinetry, significantly enhancing appeal and minimizing immediate capital expenditures for a new owner.
Efficient HVAC & In-Unit Laundry: Equipped with modern mini-split systems for efficient heating and cooling, plus convenient in-unit washer and dryer hookups, enhancing tenant comfort and property value.
FHA Eligibility & Broad Appeal: FHA eligibility expands the buyer pool, making it highly attractive to first-time homebuyers seeking to offset mortgage costs, as well as traditional investors.
Ample Parking & Generous Lot: A substantial 6,803 sq ft lot provides ample parking, including space for up to two RVs and multiple vehicles, a significant advantage for a multi-unit property.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1416, other record living area = 1104. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Age of Structure (1949): Despite interior remodels, the property's 1949 construction year suggests potential for age-related issues with underlying infrastructure (e.g., plumbing, electrical, roof, foundation) that may require future maintenance or upgrades.
Compact Unit Sizes: With a total of 1,416 sq ft for five bedrooms across two units, the individual unit footprints are relatively compact, which might limit appeal for tenants seeking more spacious living areas.
Neighborhood Specificity: Located in the East Niles neighborhood, the specific market dynamics and long-term appreciation potential of this area would require further due diligence, as it may not be considered a premium or rapidly appreciating location.
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