703 Woodrow Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 2 bed, 1 bath
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Bakersfield, CA 93308
This Dual-Unit Residential Asset is listed at $215,000, closely tracking its $210,195 Fair Market Value. Maintaining a Condition Rating of 4, the property offers a primary 2-bedroom residence and a separate 1-bedroom studio dwelling, creating a high-utility Value-Add opportunity for immediate rental income. The 6,059 sqft lot carries R3 Zoning, ensuring significant long-term appreciation through high-density development potential. Located near North High School and Beardsley Junior High, the asset benefits from strong local demand. This property is a strategic choice for Buy-and-Hold Investors or Owner-Occupants seeking a multi-unit income stream.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 703 Woodrow Avenue Subject | $215,000* List Price | 2 | 1 | 708 | $297 | - |
A 111 Warren Sold | $182,500 | 2 | 1 | 631 | $289 | 0.8 mi |
B 209 Decatur Street Sold | $250,000 | 2 | 1 | 944 | $265 | 0.6 mi |
C 914 Wilson Ave Avenue Sold | $275,000 | 3 | 2 | 936 | $294 | 0.3 mi |
D 1229 Castaic Avenue Pending | $229,000 List Price | 2 | 1 | 875 | $262 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1940, has received some recent cosmetic updates including new laminate flooring and fresh interior paint. However, it retains dated features such as a wall-mounted heater and older ceramic tile in the main living areas. The kitchen and bathroom are functional but basic with modest finishes. The exterior shows signs of deferred maintenance, including significant weed growth in the yard and cracks in the concrete driveway.
The property features a main 2-bedroom home plus a separate 1-bedroom studio with its own entrance, offering excellent opportunities for rental income or multi-generational living.
Zoned R3 on a generous 6,059 sqft lot, this property provides significant investment upside and potential for future high-density development in a North Bakersfield neighborhood.
The home includes recent interior upgrades and a functional layout that maximizes natural light, providing a move-in-ready experience for first-time buyers at a competitive price point.
With only 708 square feet of living space in the main residence, the interior may feel restrictive for families or those requiring significant storage and living room.
The property has been active for nearly 100 days with a recent price reduction, which may indicate challenges in attracting buyers at the current valuation or competition in the local market.
R3 ZONING! Welcome to Woodrow ave! BIGGER LOT! Perfect started home with recent upgrades in North Bakersfield neighborhood offering 2 bedrooms 1 bath in the MAIN HOME & an additional 1 bedroom 1 bath studio-type dwelling with its own entrance perfect for extended family. From the moment you arrive, you’ll feel the warmth and character this inviting home has to offer. Inside, the living spaces are filled with natural light, creating a cozy and comfortable atmosphere perfect for everyday living or relaxing after a long day. The thoughtfully laid-out floor plan offers a seamless flow between living, dining, and kitchen areas, making it easy to gather with family and friends. The bedrooms provide peaceful spaces to unwind, while the great size backyard has been sectioned off by a fence, big empty space isolated for you to do whatever you have in mind. Offers room to enjoy morning coffee, weekend barbecues, or simply soak up the Bakersfield sunshine. Conveniently located near schools, shopping, dining, and easy freeway access, this home blends comfort with practicality. Whether you’re a first-time buyer or looking for a place to settle in and make it your own, this welcoming home is ready to greet you with open arms. Come & see what this home has to offer for the price in person to appreciate all it has to offer!
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 | 1.0 | 2.0 | 35% |
| Square foot | 708 | 1,350 | 8% |
| Lot Size | 6,059 | 7,382 | 11% |
| Price | $215.0K | $314.0K | 14% |
| Price per sq ft | $304 | $224 | 86% |
| Built year | 1940 | 1959 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 191 | 14% |
Feb 12, 2026
$215,000
$220,000
-2% Price Drop
Initial Listing
Jan 11, 2026
$220,000
Initial Listing
Nov 9, 2023
$193,000
Public Record
Feb 24, 1995
$45,000
Public Record