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618 Bates Avenue, Bakersfield, CA 93307

$249K3bd · 1ba · 1,243 sqft
Lot 6,259 sqft•Single Family Residence•
Active
•128d on market•MLS# CV-26003263

Property Description

INVESTOR SPECIAL, PRICE REDUCED!! This 3-bedroom, 1-bathroom property is a great opportunity for first-time buyers or Investors. The home offers the potential to expand and add an ADU, providing an excellent option to help offset mortgage payments. Conveniently located near schools, public transportation, and local amenities. Don’t miss your chance to see this great opportunity!

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
None
City
Bakersfield
Zip Code
93307
County
Kern
Listed byKELLER WILLIAMS COVINA, Alicia Villarruel

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,259.08
Principal & Interest
Loan Amount
$199,200
Total Interest
$254,069
Total Payment Over 30 Years
$453,269
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

618 Bates Avenue, Bakersfield, CA 93307

Bakersfield · Single Family Residence

$249K
Affordable Tier
Beds
3
Baths
1
Sqft
1,243
Lot
6,259 sqft
Year
1964
$/Sqft
$200
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 18.4% below the median closed sale of $305,000. Price per sqft ($200) is a 25% discount to closed comps ($268). Closed comps sold at 103% of list — strong seller's market. Expect a longer timeline — comps averaged 133 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $249K· $200/sqft
Total list price
Closed comps
vs closed median $305K
−$56K (−18.4%)
Active comps
vs active median $290K
−$41K (−14.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $258
−$58 (−22.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
428 SperryBakersfield1953311,1807,151$241$284,900191
3501 Bank StreetBakersfield1950311,0585,824$283$299,0003489
2325 BarnettBakersfield1950311,0817,873$296$320,000689
1321 ValeBakersfield1951311,1367,003$255$289,9993089
213 T StreetBakersfield1947311,0406,098$216$225,0003388
Total: 5 · Average3.01.01,0996,789.8$258.2$283,779.820.8
Median1,081$289,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
326 OliveBakersfield195210/02/2026311,2647,271$339,000$335,000$2650.997691
504 Pebble Beach DriveBakersfield196210/02/2026211,0067,200$200,000$235,000$2341.1840788
2325 JBakersfield195609/17/2026311,0457,445$300,000$305,000$2921.025888
2804 PomonaBakersfield195509/23/2026321,1326,240$290,000$287,000$2540.995087
708 DelfinoBakersfield196009/11/2026321,1208,222$330,000$330,000$2951.007687
Total: 5 · Average2.81.41,113.47,275.6$298,400$298,400$268—133.4
Median1,120$305,000$305,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.