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1500 Palm, Bakersfield, CA 93305

$475,000
  • 1500 Palm, Bakersfield, CA 93305 Main Photo

20 Photos

Active
BEDS3 BATHS2 full SQUARE FEET1,450 MLS#OC26193300
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLKern Union

Listing Courtesy of: Real Estate Source, Inc
Agency Phone: 916-307-3444
Associate Name: Genesis White
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


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.

1500 Palm | MLS# OC26193300

This multi-family property located at 1500 Palm, Bakersfield, CA 93305 is currently listed for sale with an asking price of $475,000. Palm is located within the Kern Union school district. Search Bakersfield real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.15 Acres
Stories: 2.0
Year Built: 1935

Feature Descriptions

Community Features: Sidewalks, Urban
Days on Site: 60
Fireplace: Living Room
Laundry: Washer Hookup
Lot: 0-1 Unit/Acre
Parcel#: 13808211004
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 2
Water: Public

Local Schools

School District: Kern Union

Listed By / Shown By

Listed By

Agency Name: Real Estate Source, Inc
Agent Name: Genesis White
Agency Phone: 916-307-3444

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 1,195.69 per month $1,057.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's Insurance

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