710 N Chester Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 0 bed, 0 bath
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Bakersfield, CA 93308
Analysis of 710 N Chester Avenue, Bakersfield, CA 93308 is currently available with a list price of $713,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1979, making it 45 years old. While the listing states that 2 of the 6 units have been 'completely remodeled' with modern kitchens (stainless steel appliances, updated cabinets, granite-look countertops, wood-look tile flooring) and updated bathrooms (new vanity, mirror), the majority of the units (4 out of 6) are likely in an older, un-remodeled state. The exterior appears dated but maintained. The property benefits from central air/heating and is described as 'well maintained,' but the overall age and partial modernization place it in the 'Fair' category, indicating it's aged but maintained with some updates, and other units may require minor to moderate updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21343, living area = 4950.
Six fully occupied units ensure immediate and consistent rental income, making it an attractive investment opportunity.
Comprising six units across three buildings, this property offers diversified income streams and scalability for investors.
All tenants are on month-to-month agreements, which could lead to higher vacancy risk and less stable income compared to long-term leases.
While two units are remodeled, the remaining four units, in a 1979-built property, may require significant updates to maximize rental potential and tenant satisfaction.
The listing incorrectly identifies the property as a 'Single Family Residence' instead of a multi-family or income property, which could complicate financing and appraisal processes.
BEST DEAL IN TOWN !!!! FANTASTIC INVESTEMENT IN BAKERSFIED , TAKE ADVANTANGE OF THIS UNIQUE CHANCE TO OWN SIX FULLY OCCUPIED UNITS OFFERING STEADY INCOME, CONVENIENTLY LOCATED CONSISTING OF 3 BUILDINGS TWO BEDROONS EACH, WELL MAINTAINED PROPERTY WITH 2 OF THE UNITS COMPLETLY REMODELED, INSIDE WASHER/DRYER HOOKPS, CENTRAL AIR/HEATING . SITUADED IN HALF AN ACRE LOT OFFERING TENANTS 14 PARKING SPACES AND EACH UNIT WITH IT'S OWN PRIVATE YARD. ALL TENANTS ARE MONTH TO MONTH
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 8% |
| Baths | 0.0 | 2.0 | 8% |
| Square foot | 4,950 | 1,482 | 97% |
| Lot Size | 21,343 | 7,404 | 81% |
| Price | $714.0K | $314.2K | 89% |
| Price per sq ft | $144 | $221 | 5% |
| Built year | 1979 | 1960 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 325 | 194 | 0% |
Jun 1, 2025
$713,999
Initial Listing
Oct 14, 2022
$600,000
Public Record