701 Deseret, Bakersfield, CA 93309, Bakersfield, 93309 - 9 bed, 0 bath
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701 Deseret
Bakersfield, CA 93309
ACTIVE
CONDITION: GOOD
9Beds
0Baths
4,272Sq Ft
0Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$966,658
SUMMARY
This Quailwood 4-plex represents a High-Potential Investment Opportunity, currently listed at a List Price of $995,000. With a Fair Market Value of $966,659, the property is priced slightly above market, reflecting its stable, well-maintained status. Featuring a Condition Rating of 3, the asset includes significant capital improvements like a newer roof and dual-pack HVAC units. Its rare single-story configuration and versatile unit mix provide strong rental appeal in a high-demand area. This property is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking long-term stability.
Estimated Market Value
$966,658
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 |
|---|---|---|---|---|---|---|
★ 701 Deseret Subject 9 bd · 0 ba · 4,272 sqft · $226 | $995,000* List Price | 9 | 0 | 4,272 | $226 | - |
A 817 Quail Lane 11-14 Active 0 bd · 0 ba · 4,360 sqft · $229 · 0.2 mi | $999,000 List Price | 0 | 0 | 4,360 | $229 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Property shows strong pride of ownership and is well-maintained. Key systems have been updated, including a newer composition roof and two newer dual-pack HVAC units, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Single-Story Configuration
This property features a highly desirable single-story 4-plex layout, which is rare in the Quailwood market and offers a versatile unit mix including a 3-bedroom, 2-bath unit.
- Recent Capital Improvements
The property boasts significant upgrades, including a newer composition roof and two newer dual-pack HVAC units, reducing immediate maintenance concerns and capital expenditure for a new owner.
- Prime Rental Location
Situated in a high-demand area of Bakersfield, the property offers excellent investor potential and long-term stability due to its location in a sought-after rental neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 5.
- Extended Days on Market
With 96 days on the market, the property has surpassed the typical selling window, which may suggest pricing resistance or a need for more aggressive marketing to attract investors.
- Recent Price Appreciation
The current list price of $995,000 is a significant increase from its $900,000 sale price just months prior, which may lead to appraisal challenges or tighter capitalization rates.
About 701 Deseret
Rare Quailwood single-story 4-plex available now! This well-cared-for property offers a highly desirable unit mix featuring one single-story 3-bedroom, 2-bath unit and three single-story 2-bedroom, 2-bath units. Single-story multi-unit properties like this are hard to find, making this a standout opportunity in a sought-after rental area. The property shows pride of ownership throughout, with two newer dual-pack HVAC units, a newer composition roof, and thoughtful updates that enhance both comfort and long-term value. Located in a prime, high-demand area, this Quailwood 4-plex offers strong rental appeal, excellent investor potential, and lasting stability. Location! Location! Location!
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 9
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,272 | 3,050.111 |
| Lot Size | - | 8,743.333 |
| Price | $995.0K | $480.4K |
| Price per sq ft | $233 | $188 |
| Built year | 1983 | 1966 |
| HOA | $0 | $0 |
| Days on market | 124 | 84 |
Pricing History
Listed for Sale
Jun 22, 2026
$995,000
Initial Listing
Sold
Aug 16, 2024
$900,000
Public Record
Sold
Sep 19, 2022
$720,000
Public Record