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ActiveSingleFamilyResidence

3717 Madrid

Bakersfield, CA, 93309

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$300,000

Original list price: $320,000

MLS: PI26189621

Beds

3

Baths

2

Sq Ft

1,360

Lot

0.16 ac

Year Built

1960

MLS #

PI26189621

Days on Market

50

Listed

Aug 29, 2026

Description

Bring your vision to 3717 Madrid Ave! This 3-bedroom, 2-bath home offers a great opportunity for an investor, first-time buyer with vision, or anyone looking for a property with room to create value. Situated in a convenient Bakersfield neighborhood close to the mall, shopping, dining, schools, and major freeway access. A standout feature is the front-to-back tandem garage with doors opening to both the front and rear, providing flexible parking and direct access to the backyard. The backyard offers a covered patio, landscaped areas, mature orange trees, and a storage shed, with additional potential to reimagine the outdoor space. The good-sized lot may also offer ADU potential, subject to buyer verification with the appropriate agencies. Inside, the home offers a functional layout with plenty of opportunity for updating and customization. With the right vision, this property can be transformed into something truly special. Property is being sold AS-IS. Purchase price reflects the current condition, and sellers will not be making repairs. Sellers are open to considering buyer concessions with an acceptable offer. Buyer and buyer's agent to conduct their own inspections and due diligence. Bring your vision and make 3717 Madrid Ave your next project! Schedule your showing today!

Location

Bakersfield, Kern County, CA 93309

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Listed by: Rasnapreet Suri · Watson Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$2,594

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $30,000 · Loan: $270,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$1,869
Property tax (1.25%)
$313
Homeowners insurance
$300
Mortgage insurance
$113
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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 Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $10,500 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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Active and pending listings in ZIP 93309 (Bakersfield)within ±10% of this home's price and size.

Local Market Stats

See Bakersfield, CA 93309 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.