807 Castaic Ave, Bakersfield, CA 93308, Bakersfield, 93308 - 2 bed, 1 bath
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807 Castaic Ave
Bakersfield, CA 93308
ACTIVE
CONDITION: POOR
2Beds
1Baths
935Sq Ft
6,586Lot Size
Property Price
LIST PRICE$188,100
EST. MARKET VALUE
$191,097
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $188,200—positioned well below the $270,000 Fair Market Value by 30%. This valuation gap offers $81,800 in Instant Equity for buyers willing to execute a full renovation. With a Fair/Poor Condition Rating, the home requires significant interior updates. The 6,586 sqft lot provides excellent expansion potential. This is a time-sensitive, high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$191,097
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 |
|---|---|---|---|---|---|---|
★ 807 Castaic Ave Subject 2 bd · 1 ba · 935 sqft · $204 | $188,100* List Price | 2 | 1 | 935 | $204 | - |
A 618 Woodrow Avenue Sold 2 bd · 2 ba · 1,128 sqft · $213 · 0.2 mi | $240,000 | 2 | 2 | 1,128 | $213 | 0.2 mi |
B 347 Francis Street Sold 3 bd · 1 ba · 1,080 sqft · $199 · 0.7 mi | $215,000 | 3 | 1 | 1,080 | $199 | 0.7 mi |
C 616 Ray Street Sold 3 bd · 2 ba · 1,168 sqft · $205 · 0.3 mi | $240,000 | 3 | 2 | 1,168 | $205 | 0.3 mi |
D 627 Charlana Active 2 bd · 1 ba · 861 sqft · $244 · 0.3 mi | $210,000 List Price | 2 | 1 | 861 | $244 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1938, this property is explicitly marketed as a rehab project with an 'After Rehab Value' mentioned. Interior images show significant deferred maintenance, including visible rot/damage to door frames and walls, a dilapidated bathroom vanity missing panels, and dated systems like wall-mounted heaters. The home requires a full renovation of the kitchen, bath, and likely electrical/plumbing systems to meet modern safety and living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Equity Potential
With an estimated After Rehab Value (ARV) of $270,000 against a list price of $188,200, this property offers a substantial margin for investors or sweat-equity buyers to build immediate value.
- Generous Lot Size
The 6,586 square foot lot provides ample space for potential expansions, ADU possibilities, or enhanced outdoor living areas, which is a significant asset for a home of this footprint.
- Favorable Walkability
Boasting a Walk Score of 66, the property is conveniently located near local amenities in the Oildale area, increasing its long-term desirability for future tenants or homeowners.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6586, other record lot size in square feet = 6534.
- Recently Sold Property
The property was recently sold within the past year on 2026-05-14. The sold price is $161,000.00.
- Extensive Renovation Required
Sold in strictly 'as-is' condition, the property requires a full remodel, which limits financing options to cash, hard money, or specific conventional loans, excluding FHA or VA buyers.
About 807 Castaic Ave
Turn effort into equity with this charming Oildale home featuring a Walk Score of 66. Unlock its endless possibilities. Estimated After Rehab Value is $270,000, making this a fantastic investment opportunity. Sold AS-IS, it provides a blank canvas for your personal touch and creative vision; contact me today for a private showing! Cash, hard money or Conventional AS-IS. If not sold within 15 days, the seller will withdraw the listing and remodel the property themselves.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 6,586 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
North Beardsley Elementary School
Grades K-6 • 0.4 mi
3/10
Wingland Elementary School
Grades K-5 • 0.5 mi
3/10
Standard Elementary School
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 935 | 1,656.81 |
| Lot Size | 6,586 | 8,069.772 |
| Price | $188.1K | $414.9K |
| Price per sq ft | $201 | $246 |
| Built year | 1938 | 1986 |
| HOA | $0 | $180 |
| Days on market | 14 | 65 |
Pricing History
Listed for Sale
Oct 17, 2026
$188,100
$188,200
+0% Price Increase
Initial Listing
Price Change
Oct 10, 2026
$188,200
Initial Listing
Sold
May 14, 2026
$161,000
Public Record
Sold
Oct 30, 2020
$100,000
Public Record
Sold
Oct 29, 2004
$75,000
Public Record