$399,900
MLS: SR26219036
Beds
3
Baths
2
Sq Ft
2,218
Lot
0.25 ac
Year Built
1983
MLS #
SR26219036
Days on Market
7
Listed
Oct 8, 2026
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.
Location
Bakersfield, Kern County, CA 93308
Open on Google Maps ↗Listed by: Gregory Falvo · First Stop 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
$3,358
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,990 · Loan: $359,910
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,492
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 $13,997 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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Local Market Stats
See Bakersfield, CA 93308 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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