$475,000
Est. $3,144/mo · 20% down · 6.5% · 30yr
1500 Palm, Bakersfield, CA, 93305
MLS# 1189568027
About this home
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.
Property Details
$475,000
Price
3 bd
Bedrooms
2 ba
Bathrooms
1,450 sqft
Living Area
6,724 sqft
Lot Size
1935
Year Built
0 car
Garage
Duplex
Type
6 days
Days Listed
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My Realty Company, Inc. dba My Mortgage Company · CA DRE #02161424 · NMLS #2263210
Omar L. Ortiz, Broker · CA DRE #02056548 · NMLS #951384
5500 Ming Ave, Ste 372, Bakersfield, CA 93309 · 661-543-HOME (661-543-4663)
Licensed by the California Department of Real Estate. Equal Housing Opportunity. NMLS Consumer Access
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Neighborhood Snapshot
Bakersfield · 93305
Market Stats
Active Listings
113
ZIP 93305
Median List Price
$339K
ZIP 93305
Avg Days on Market
87
Bakersfield avg
Sale / List Price
98.7%
avg ratio
Location
1500 Palm, Bakersfield, CA, 93305
Listed by: Genesis White, Real Estate Source, Inc
Office: 916-307-3444
MLS#: 1189568027 · Source: CRMLS · Updated: Sep 9, 2026
Based on information from California Regional Multiple Listing Service, Inc. (CRMLS). All data is obtained from various sources and has not been verified. Full disclaimer
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