1500 Palm
Bakersfield, CA 93305
$475,000
- 3 beds
- 2 baths
- 1,450 sq ft
- 0.15 acres
- Built 1935
Listed by Real Estate Source, Inc · MLS #OC26193300
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PROPERTY QUESTIONS & SHOWINGS
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1500 Palm, Bakersfield, CA 93305 · MLS #OC26193300
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1935.
Property size
0.15 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
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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.
THE NEIGHBORHOOD
Explore the location.
1500 Palm, Bakersfield, CA 93305
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THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 1935
- Full baths
- 2
- Garage spaces
- 0
- Cooling
- CentralAir
- Pool
- No
- Pool features
- None
- Parcel
- 13808211004
- HOA fee
- $0.00
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
OWNERSHIP, WITH A PLAN
Investor outlook.
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ERA PROPERTY MANAGEMENT
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$1,160,000
$334,900
$389,000Listing information
MLS #OC26193300 · California Regional MLS
Listing brokerage: Real Estate Source, Inc
Listing agent: Genesis White
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.