1500 Palm, Bakersfield, CA 93305
1500 Palm, Bakersfield, CA 93305
1500 Palm, Bakersfield, CA 93305
1500 Palm, Bakersfield, CA 93305
1500 Palm, Bakersfield, CA 93305
1500 Palm, Bakersfield, CA 93305
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$ 475,000
Est. payment | /mo

3 Beds

1 Bath

1,450 SqFt


Save
$ 475,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,450 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,450 sqft

Price per Sqft $327

MLS Listing ID OC26193300

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1935

Lot Size 6,725 Sqft

Property Sub-Type Duplex

Property Description

Welcome to this spacious and versatile Bakersfield property offering comfortable living, valuable updates, and excellent rental potential. The main residence features 3 bedrooms and 2 bathrooms with an abundance of living space, new fixtures, wood flooring, new windows, a new water heater, updated kitchen appliances and fixtures, and a split-system A/C throughout the home. The inviting living room features a fireplace, while the generous yard provides plenty of outdoor space for entertaining, recreation, or relaxation.
Off the kitchen is an unfinished basement area offering additional flexibility and potential. With the appropriate approvals, this space may provide an opportunity for additional living area, storage, or other uses. The property also includes a detached 2-car garage that has been meticulously converted into additional living space. This converted area was recently rented for approximately three years and offers a bedroom plus a large bonus room that was utilized as a bedroom, providing significant flexibility for extended living, rental, or guest accommodations.

The front unit is currently occupied by a reliable tenant paying $2,000 per month plus all utilities, with the owner currently responsible only for water. The rear unit is vacant and was most recently rented for $1,650 per month, offering an immediate opportunity for a new owner to establish rental income. The rear unit also features separate washer/dryer hookups and is separately gated from the main house for added privacy and convenience.

Additional features include an ADT alarm system, spacious interiors, ample parking, and multiple areas that provide flexibility for owner-occupancy, extended family, or rental use. With existing rental income and additional income potential, this property presents an excellent opportunity for investors or buyers seeking a property with versatility and upside.

Buyer to verify all square footage, bedroom/bathroom counts, conversions, additions, basement use, permits, zoning, and other property information to their own satisfaction and due diligence. Property was purchased AS-IS by the current seller. Buyer and buyer's agent to independently verify all information and permitted uses with the appropriate authorities.

Location

State CA

County Kern

Area Bksf - Bakersfield

Rooms

Main Level Bedrooms 3

Interior

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Washer Hookup

Exterior

Pool None

Community Features Sidewalks, Urban

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Kern Union

Others

Senior Community No

Tax ID 13808211004

Acceptable Financing Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, Fannie Mae

Listing Terms Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, Fannie Mae

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Genesis White Real Estate Source, Inc 323-842-4991, DRE #01976959

Nearby Locations

GET MORE INFORMATION

Carlos Echegaray
Carlos Echegaray

Broker Lic# DRE 02006401

+1(805) 229-9548

15303 Ventura Blvd Suite 900, Oaks, Ca 91403

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1500 Palm