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ActiveSingleFamilyResidence

7300 Olive

Bakersfield, CA, 93308

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$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

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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
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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 $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.

Similar Homes Nearby

Active and pending listings in ZIP 93308 (Bakersfield)within ±10% of this home's price and size.

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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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.