2521 P
Bakersfield, CA, 93301
$220,000
MLS: NS26069329
Beds
2
Baths
1
Sq Ft
720
Lot
0.12 ac
Year Built
1915
MLS #
NS26069329
Days on Market
2
Listed
Mar 31, 2026
Description
Rare opportunity to own a commercially zoned parcel with an existing residential structure in Central Bakersfield. Property offers flexibility for investors, business owners, or future redevelopment. Currently improved with a single-family residence, this parcel may allow for alternative commercial or mixed-use potential (buyer to verify with city). Located near downtown with convenient access to major corridors. Opportunity for rental income, live/work setup, or long-term land hold strategy. Seller financing available.
Location
Bakersfield, Kern County, CA 93301
Open on Google Maps ↗Listed by: Ernesto Osuna · D Best Realty Inc
Payment estimate
$1,828
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $22,000 · Loan: $198,000
- Principal & Interest
- $1,217
- Property tax (1.25%)
- $229
- Homeowners insurance
- $300
- Mortgage insurance
- $83
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $7,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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