618 Woodrow Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 2 bed, 2 bath
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Bakersfield, CA 93308
This Versatile R3-Zoned Residential Asset is listed at $239,950, representing a stable valuation aligned with its $232,915 Fair Market Value. While the Condition Rating of 4 reflects its 1937 origins and dated infrastructure, the property offers immense development potential via R3 Zoning on a 6,534 sqft lot. The floor plan features a separate office with a private patio and RV access, located within a mile of North High School and Beardsley Junior High. With sellers covering closing costs, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 618 Woodrow Avenue Subject | $239,750* List Price | 2 | 2 | 1,128 | $205 | - |
A 513 Washington Avenue Sold | $245,000 | 0 | 0 | 1,056 | $232 | 0.2 mi |
B 209 Decatur Street Sold | $250,000 | 2 | 1 | 944 | $265 | 0.6 mi |
C 1921 Esther Sold | $255,000 | 3 | 2 | 1,350 | $189 | 0.5 mi |
D 439 Arvin Sold | $192,000 | 2 | 1 | 1,247 | $154 | 0.5 mi |
E 518 Lincoln Avenue Sold | $303,000 | 3 | 3 | 1,560 | $194 | 0.2 mi |
F 513 Washington Avenue Pending | $249,950 List Price | 3 | 2 | 1,056 | $237 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, the property is in a livable and maintained condition but shows significant signs of age. While there are some cosmetic updates like newer laminate flooring, the infrastructure remains dated, featuring wall-mounted heaters and window AC units instead of a modern central HVAC system. The kitchen and dining areas feature older cabinetry and basic tile work, and the overall aesthetic reflects a home that has had occasional upkeep rather than a comprehensive modern renovation.
The property's R3 zoning on an expansive lot provides a significant opportunity for investors to build additional units and maximize the land's value.
With two living areas and a separate office featuring its own private patio, the home offers a flexible floor plan suitable for remote work or multi-generational living.
The sellers are highly motivated and open to covering buyer closing costs, making this an accessible entry point for first-time homeowners or budget-conscious investors.
Built in 1937, the property may require substantial maintenance or upgrades to its aging systems to meet modern efficiency and safety standards.
The local schools carry lower performance ratings, which may be a concern for families with school-aged children and could impact long-term resale appeal.
Motivated Sellers are willing to contribute 14K towards buyer closing costs and/or rate buydown! This Oildale gem is an excellent opportunity for both owner occupied or investors! The home features 2 bedrooms, a separate office with its own private patio, and 1.5 bathrooms, offering both versatility & comfort. Enjoy the spacious two living areas and a large kitchen w/ a separate dining space. Both bathrooms are conveniently positioned near the bedrooms, w/ indoor laundry for added convenience. The massive front yard is fully fenced with double gates for RV access. The property's R3 zoning opens up possibilities for building additional units on this expansive lot. Don't miss out on this chance to own a versatile property w/ great potential! This house comes with a REDUCED RATE as of 04/06/2026 through List & Lock. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,128 | 1,350 | 32% |
| Lot Size | 6,534 | 7,382 | 32% |
| Price | $239.8K | $314.0K | 16% |
| Price per sq ft | $213 | $221 | 38% |
| Built year | 1937 | 1959 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 191 | 22% |
Apr 21, 2026
$239,750
$239,950
+0% Price Increase
Initial Listing
Jan 12, 2026
$239,950
$244,900
-2% Price Drop
Initial Listing
Dec 15, 2025
$244,900
Initial Listing
May 24, 2021
$160,000
Public Record