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7300 Olive, Bakersfield, CA 93308

$400K3bd · 2ba · 2,218 sqft
Lot 10,688 sqft•Single Family Residence•
Active
•7d on market•MLS# SR-26219036

Property Description

Welcome to 7300 Olive in Bakersfield, a property offering an excellent opportunity for buyers looking to add their personal touch and unlock its full potential. The home features a functional layout with plenty of possibilities for cosmetic improvements and updating. While the property needs some work, the needed improvements are primarily cosmetic, providing an opportunity to refresh and modernize the home without the need for major structural renovations. With some vision, updating, and personal touches, this property can be transformed into a comfortable and inviting home. Conveniently located in Bakersfield, this is a great opportunity for a buyer looking for value, customization potential, and the chance to create a property that truly reflects their style.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Baseboard
Cooling
Wall/Window Unit(s), None
View
Meadow
City
Bakersfield
Zip Code
93308
County
Kern
Listed byUnknown Office, Gregory Falvo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,022.11
Principal & Interest
Loan Amount
$319,920
Total Interest
$408,040
Total Payment Over 30 Years
$727,960
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

7300 Olive, Bakersfield, CA 93308

Bakersfield · Single Family Residence

$400K
Affordable Tier
Beds
3
Baths
2
Sqft
2,218
Lot
10,688 sqft
Year
1983
$/Sqft
$180
Pool: No✓
Spa: No✓
View: Meadow✓

Listed 16.3% below the median closed sale of $477,500. Price per sqft ($180) is a 21% discount to closed comps ($229).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $400K· $180/sqft
Total list price
Closed comps
vs closed median $478K
−$78K (−16.3%)
Active comps
vs active median $500K
−$100K (−19.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $241
−$61 (−25.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5101 DewaltBakersfield1989322,05810,657$255$524,9002492
605 WinchesterBakersfield1980322,0429,697$225$459,9001791
14608 Orchard Crest AvenueBakersfield1990322,08810,943$247$515,0002091
4507 Sealion LaneBakersfield1995322,10311,325$238$499,5004690
5508 Danbury CourtBakersfield1992322,05911,761$240$495,000789
Total: 5 · Average3.02.02,07010,876.6$241$498,86022.8
Median2,059$499,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
14103 Via ContentoBakersfield199309/08/2026322,1969,583$560,000$560,000$2551.004691
12320 Cattle King DriveBakersfield198209/28/2026322,39319,341$525,000$470,000$1960.903989
2816 Kootenay CourtBakersfield198108/18/2026422,03310,196$475,000$468,000$2300.981787
7312 Terry John AvenueBakersfield197909/10/2026432,22112,155$585,000$585,000$2631.006385
3825 Dalehurst DriveBakersfield196808/11/2026422,35910,890$474,900$477,500$2021.005385
Total: 5 · Average3.62.22,240.412,433$512,100$512,100$229.2—43.6
Median2,221$477,500$477,500

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.