
Bakersfield, CA 93308
Analysis of 7204 Arleta Avenue, Bakersfield, CA 93308 reveals a Fairly Priced Property with a current list price of $499,999 aligned with the estimated $499,999 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7204 Arleta Avenue Subject | $499,999* List Price | 4 | 3 | 2,727 | $183 | - |
A 7705 Terry John Avenue Sold | $565,000 | 4 | 2 | 2,487 | $227 | 0.4 mi |
B 7209 Copper Creek Way Sold | $540,000 | 5 | 3 | 2,519 | $214 | 0.8 mi |
C 6901 Copper Creek Way Sold | $495,000 | 4 | 3 | 2,389 | $207 | 0.9 mi |
D 7404 Terry John Avenue Sold | $450,000 | 3 | 2 | 1,947 | $231 | 0.3 mi |
E 7404 Terry John Avenue Sold | $450,000 | 3 | 2 | 1,947 | $231 | 0.3 mi |
F 7116 Jolynn Street Pending | $525,000 List Price | 4 | 3 | 2,321 | $226 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property has received significant functional updates including a newer roof, 3-year-old AC systems, and solar panels. However, the interior, particularly the kitchen, features dated elements such as original-style wooden cabinets, tiled countertops, and a mix of older and newer appliances. While functional and well-maintained, the kitchen and likely the bathrooms would require substantial cosmetic updates to align with current design trends and buyer expectations. The property is aged but maintained, with major components functional but showing signs of being outdated, fitting the 'Fair' condition criteria.
A $560K appraisal is on file, while the property is listed at $499,999, suggesting immediate equity and a competitive price point for buyers.
The private backyard features a large pool with a spring diving board, an in-ground spa, and a covered patio, ideal for entertainment and relaxation.
The property benefits from modern updates including solar panels, a newer roof, and two 3-year-old AC systems, enhancing energy efficiency and reducing immediate maintenance concerns.
The property was recently sold within the past year on 2025-08-15. The sold price is $480,000.00.
While some systems are updated, the description of the kitchen with 'wooden cabinets' and lack of mention of updated bathrooms suggests these areas may retain original or dated finishes from 1982, potentially requiring future renovation.
Built in 1982, despite some major system updates, other components such as plumbing, electrical, or windows might be original or older, which could lead to unforeseen maintenance or upgrade costs down the line.
$560K Appraisal on file. This charming two-story home, built in 1982, is ready to become your forever sanctuary! Nestled in the coveted NW Bakersfield area, near Patton Way and Olive Dr., this home offers 2,727 sq. ft. of living space on a generous 10,452 sq. ft. lot. Featuring 4 bedrooms and 3 bathrooms, this home is designed for families of all sizes. Inside, you'll find spacious living areas, including a cozy living room and a versatile back den with a gas fireplaceperfect for relaxation or entertaining. With a gas fireplace on each floor, youll enjoy warmth and comfort all year. The kitchen features tile floors, wooden cabinets with plenty of storage, and ample space for both everyday cooking and hosting gatherings. Step outside to your private backyard paradise. A covered patio overlooks a large pool with a spring diving board, plus a in-ground spaideal for pool parties or unwinding after a busy day. Modern updates include solar panels, a newer roof, and two 3 year old AC systems for added energy efficiency. Plus, the property offers RV parking, perfect for recreational vehicles or extra guest parking space. Conveniently located near parks and schools, this home blends everyday practicality with a sense of community. Dont miss outschedule your private showing today and discover everything this incredible property has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,727 | 1,645.732 |
| Lot Size | - | 7,650.063 |
| Price | $500.0K | $399.2K |
| Price per sq ft | $183 | $242 |
| Built year | 1982 | 1984 |
| HOA | $0 | $175 |
| Days on market | 708 | 64 |
Aug 15, 2025
$480,000
Public Record
Oct 1, 2024
$499,999
Initial Listing
Oct 7, 2022
$470,000
Public Record
Apr 22, 2016
$300,000
Public Record
Jan 14, 2011
$275,000
Public Record
Mar 28, 1997
$160,000
Public Record