8116 Hallelujah Street, Bakersfield, CA 93307, Bakersfield, 93307 - 2 bed, 1 bath

8116 Hallelujah Street, Bakersfield, CA 93307 home-pic-0
ACTIVE$184,999/sqft
8116 Hallelujah Street, Bakersfield, CA 93307
2Beds
1Bath
Sqft
8,578Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 909.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8578, other record lot size in square feet = 8712.

Compared to the nearby listings

Price:$185.0K vs avg $331.0K ($-146,001)7%
Size: sqft vs avg 1,240 sqft7%
Price/sqft:$0 vs avg $25611%

More Insights

Built in 1934 (92 years old).
Condition: Built in 1934, this 90-year-old property is explicitly marketed as an 'Investor Alert' requiring 'tons of potential' and 'significant renovation.' While some areas have updated flooring and a modern refrigerator is present, the kitchen features an older range and basic countertops, and the bathroom is very basic with outdated fixtures. The property has visible wear and tear, older light fixtures, a wall-mounted gas heater, and likely original electrical systems. The overall condition suggests substantial repairs and rehabilitation are needed to meet modern living standards, aligning with a 'poor' rating.
Year Built
1934
Close
-
List price
$185K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25092865
Home ConditionPoor
Features
View-

About this home

Investor Alert! Don't miss this awesome opportunity2 bedrooms plus a bonus room 1 bath home with tons of potential. Big backyard with room to grow and ready for your vision. Contact your favorite realtor today!

R
Roger Magana
Listing Agent

Price History

Date
Event
Price
09/01/00
Sold
$50,000
12/12/05
Sold
$130,000
04/30/03
Sold
$64,000
Condition Rating
Poor

Built in 1934, this 90-year-old property is explicitly marketed as an 'Investor Alert' requiring 'tons of potential' and 'significant renovation.' While some areas have updated flooring and a modern refrigerator is present, the kitchen features an older range and basic countertops, and the bathroom is very basic with outdated fixtures. The property has visible wear and tear, older light fixtures, a wall-mounted gas heater, and likely original electrical systems. The overall condition suggests substantial repairs and rehabilitation are needed to meet modern living standards, aligning with a 'poor' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 909.
Investor-Focused Opportunity: Explicitly marketed as an 'Investor Alert' with 'tons of potential,' appealing to buyers looking for a value-add project.
Generous Lot Size: The 8,578 sq ft lot provides ample outdoor space for expansion, landscaping, or potential for additional structures.
Affordable Entry Price: Listed at $184,999, it offers a relatively low entry point into homeownership or real estate investment.
Versatile Bonus Room: The inclusion of a bonus room adds flexibility to the floor plan, allowing for an office, den, or potential third bedroom.
No Homeowners Association (HOA) Fees: The absence of HOA fees reduces ongoing ownership costs, making it more attractive to budget-conscious buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8578, other record lot size in square feet = 8712.
Advanced Age of Property: Built in 1934, the home is 90 years old, likely requiring extensive updates to major systems (plumbing, electrical, HVAC) and structural components.
Significant Renovation Required: The description implies the property is not move-in ready and will require substantial investment and vision to bring it to modern standards.
Limited Bathroom Count: With only one bathroom for a 2-bedroom plus bonus room layout, it may not meet the needs of larger households or those desiring more convenience.
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