613 S Olive, Bakersfield, CA 93304, Bakersfield, 93304 - 3 bed, 2 bath
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613 S Olive
Bakersfield, CA 93304
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,259Sq Ft
7,357Lot Size
Property Price
LIST PRICE$334,990
EST. MARKET VALUE
$302,146
10% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $334,990—positioned well above the $302,147 Fair Market Value by 10%. While the property requires a strategic approach due to its Fair Condition Rating and original 1986 finishes, it offers significant utility through a large 7,357 sqft lot, RV parking, and a private covered patio. Located on a quiet cul-de-sac, this asset provides a solid foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through modernization.
Estimated Market Value
$302,146
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 |
|---|---|---|---|---|---|---|
★ 613 S Olive Subject 3 bd · 2 ba · 1,259 sqft · $240 | $334,990* List Price | 3 | 2 | 1,259 | $240 | - |
A 1710 Shamrock Sold 2 bd · 2 ba · 1,244 sqft · $221 · 0.9 mi | $275,000 | 2 | 2 | 1,244 | $221 | 0.9 mi |
B 1904 Radiance Pending 2 bd · 2 ba · 1,128 sqft · $265 · 0.9 mi | $299,000 List Price | 2 | 2 | 1,128 | $265 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Property was built in 1986 (40 years old) and retains its original kitchen and bathrooms. While the listing describes it as well-maintained, the 40-year-old oak cabinetry, tile countertops, and fixtures exceed the 30-year threshold for major updates and rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7357, living area = 1259.
- RV Parking & Outdoor Utility
The property features a spacious side yard with dedicated RV parking and a private covered patio, providing exceptional utility for outdoor storage and entertaining.
- Prime Cul-de-Sac Location
Situated on a quiet cul-de-sac in the South Oleander area, the home offers a peaceful, low-traffic environment while maintaining convenient access to highways and major retailers.
CONSRISKS & DEFICIENCIES
- Compact Interior Square Footage
At 1,259 square feet for a three-bedroom home, the interior living spaces may feel somewhat constrained for families requiring larger common areas.
- Average School Ratings
The assigned middle schools currently hold lower performance ratings (3/10), which may be a drawback for education-focused buyers.
About 613 S Olive
Welcome to this well-maintained home tucked away on a quiet cul-de-sac street in South Oleander, offering comfort, convenience, and plenty of outdoor potential. Featuring 3 bedrooms and 2 bathrooms, this home offers a functional layout with a welcoming living room complete with a cozy fireplace and tile flooring throughout. The home has been well cared for over the years and sits on a nicely maintained lot with a private, covered backyard patioperfect for relaxing or entertaining guests. Additional highlights include a 2-car garage with built cabinetry and a spacious side yard with RV parking. Conveniently located near highway access, major retailers, shopping centers, and nearby schools, this property offers a great combination of peaceful neighborhood living and everyday convenience. Don't miss the opportunity to make this inviting property your next home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 7,357 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Evergreen Elementary School
Grades K-5 • 0.4 mi
4/10
Frank West Elementary School
Grades K-5 • 1.2 mi
4/10
Amy B. Seibert Elementary School
Grades K-6 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,259 | 1,656.81 |
| Lot Size | 7,357 | 8,069.772 |
| Price | $335.0K | $414.9K |
| Price per sq ft | $266 | $246 |
| Built year | 1986 | 1986 |
| HOA | $0 | $180 |
| Days on market | 5 | 65 |
Pricing History
Listed for Sale
Oct 19, 2026
$334,990
Initial Listing
Sold
Apr 4, 2022
$295,000
Public Record