1733 Sierra HwyRosamond, CA 93560

Property Details for 1733 Sierra Hwy

Year built

1953

Construction

WOOD

Lot size

0.79 AC

Property size (Sq ft)

1,680 SF

Zone code

M-1

Property type

Office properties

Property subtype

Office buildings

APN

473-040-04-00-2

APU

47304004002

Description

This mixed-use property at 1733 Sierra Hwy, Rosamond, CA 93560, presents a compelling investment opportunity. The 1,680-square-foot traditional office building, constructed in 1953, sits on a sizable 0.72-acre lot (31,374 sq ft) and is currently 100% occupied by a month-to-month tenant. The property boasts nine surface parking spaces, providing a parking ratio of 5.36 per 1,000 square feet. Zoned M-1, this versatile building offers potential for multiple uses. Located in Kern County's SE Outlying submarket, it benefits from a convenient suburban setting within a growing community, surrounded by a mix of residential and commercial developments. The asking price is $280,000. The property's location in an Opportunity Zone adds further investment appeal. CoStar estimates rent at $1.44-$1.45 per square foot, while the market asks $1.62 per square foot, indicating competitive pricing. The property's APN is 473-040-04-00-2. This is an excellent chance to acquire a well-located, income-producing asset in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $532,218

  6.5%

  $491,278

  7%

  $456,187

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,469

  Geo Method

  $319,469

• Alternative Use

  Use

  Valuation

  Residential

  $609,185

  Hospitality

  $558,010

  Educational

  $464,258

  Medical

  $480,224

  Retail

  $722,179

Location Insight

City

Rosamond

County

Kern

State

California

Latitude

34.8452

Longitude

-118.161

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].