4520 California AveBakersfield, CA 93309

Property Details for 4520 California Ave

Year built

1983

Construction

WOOD

Lot size

1.11 AC

Property size (Sq ft)

23,076 SF

Zone code

C2

Property type

Office buildings

APN

332-510-15-00-2

APU

33251015002

Description

This exceptional 23,076 square foot office building, situated at 4520 California Avenue in Bakersfield, California, 93309, presents a unique opportunity. The property, known as California Corporate Office Plaza, is a three-story building offering both creative and medical office spaces within a multi-tenant environment. Currently, 2,167 square feet of office space is immediately available. The building's strategic location in Southwest Bakersfield along the California Avenue Corridor, at the northeast corner of California Avenue and Easton Drive, provides excellent visibility and accessibility. Its proximity to Highway 99 ensures convenient commuting for employees and clients. Furthermore, the surrounding area boasts a wealth of amenities, including retail shops, banks, and restaurants, enhancing the convenience and appeal of this location. This property is ideal for businesses seeking a well-situated, versatile office space in a thriving Bakersfield neighborhood. The building's design caters to both creative and medical office needs, offering a flexible and adaptable workspace. The available space totals 2,167 square feet, providing ample room for a variety of business operations. Don't miss this chance to secure a prime office space in a highly desirable Bakersfield location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,579,885

  6.5%

  $6,073,740

  7%

  $5,639,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,388,132

  Geo Method

  $4,388,132

• Alternative Use

  Use

  Valuation

  Residential

  $7,531,438

  Hospitality

  $6,898,756

  Educational

  $5,739,684

  Medical

  $5,937,081

  Retail

  $8,928,398

Location Insight

City

Bakersfield

County

Kern

State

California

Latitude

35.3671

Longitude

-119.053

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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