For Sale
$750,000

1603 California AveBakersfield, CA 93304

Prime location, energy-efficient office building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1-story, multi-tenant office building at 1603 California Ave, Bakersfield, CA 93304, presents a compelling investment opportunity. Boasting 33 units ranging from 130 to 335 square feet, the property currently enjoys 70% occupancy. Strategically situated in the heart of Downtown Bakersfield's business corridor, at the corner of Eye Street and California Avenue, this Class B building benefits from high visibility and convenient access to key city and county services. Nearby amenities include administrative offices, courts, the Hall of Records, the Bakersfield Police Department, banks, law offices, insurance companies, and a diverse selection of restaurants. The building features 11 parking spaces and is structurally sound. A significant advantage is the ownership of the solar energy system, resulting in low annual operating expenses and energy efficiency. The property's Gross Lease structure simplifies management. The Kern County Assessor's Parcel Number (APN) is 009-011-04. This is an ideal investment for those seeking a well-located, energy-efficient, and manageable multi-tenant office building in a thriving urban center. The asking price is $750,000.

Highlights

  • $750,000 asking price.
  • Class B, 1-story, multi-tenant office building.
  • 130-335 square feet per unit, 33 total units, 70% occupancy.
  • Gross lease, 11 parking spaces.
  • Located at 1603 California Ave, Bakersfield, CA 93304; APN 009-011-04.
  • Solar-owned, energy-efficient, low operating expenses.

Property Details for 1603 California Ave

Property type
Office properties
Square Feet
130 SF
Class
B
Stories
1
Units
33

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.36840266069
Longitude
-119.02043957508
1603 California Ave, Bakersfield, California

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1603 California Ave
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