
Bakersfield, CA 93306
This Value-Add Residential Asset is listed at $185,000, offering a competitive entry-level price point for the Bakersfield market. While the price is positioned near the $167,489 Fair Market Value, the property’s primary appeal lies in its substantial 7,405 square foot lot, which provides more than ten times the space of the existing living area. Currently holding a Condition Rating of 5, the structure requires comprehensive rehabilitation and modernization to address deferred maintenance. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to leverage the high lot utilization for expansion or an Accessory Dwelling Unit (ADU).
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 Janice Subject | $185,000* List Price | 2 | 1 | 710 | $236 | - |
A 729 Sterling Road Sold | $167,000 | 2 | 1 | 768 | $217 | 0.1 mi |
B 3423 Monterey Street Active | $215,000 List Price | 2 | 1 | 870 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old) with no documented renovations, the property is well beyond the 30-year threshold for major system overhauls. The listing explicitly states it 'Needs TLC,' and the exterior shows an aged roof and an older evaporative cooling system, indicating that the kitchen, bathroom, and mechanical systems likely require significant rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 710.
Listed at $185,000, this property offers a highly accessible entry-level price point for the Bakersfield market, making it an attractive option for first-time buyers or budget-conscious investors.
The property features a substantial 7,405 square foot lot, providing significant outdoor space for potential expansions, gardening, or the addition of an Accessory Dwelling Unit (ADU).
The property is explicitly noted as needing 'TLC,' implying that buyers will need to budget for immediate repairs and cosmetic updates upon acquisition.
With only 710 square feet of interior living area, the home's compact footprint may be restrictive for larger families or those requiring more functional indoor space.
Nice House at an affordable price! Take a look at it! This might be just what you've been looking for! Needs TLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 710 | 1,819 | 3% |
| Lot Size | 7,405 | 7,438 | 47% |
| Price | $185.0K | $352.4K | 6% |
| Price per sq ft | $261 | $217 | 91% |
| Built year | 1953 | 1976 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 177 | 3% |
Mar 26, 2026
$185,000
Initial Listing
Jan 31, 2025
$160,000
Public Record