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401 E California Ave
Bakersfield, CA 93307 Lakeview

$799,900 USD

Storefront Retail Residential For Sale  •  3,924 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,924 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1923
  • Cap Rate 10.00 %
  • Tenancy Multiple
  • Zoning M-1
38 Transit Score
80 Walk Score

Highlights

Multi Revenue streams with garage and billboard receiving monthly rents.
Corner storefront.

Financial Summary (Actual)

Net Operating Income: $79,000 USD (2024)
Cap Rate: 10.00 %
Total Expenses: $23,000 USD

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
Bakersfield (San Joaquins - Amtrak) 4 min - 1.4 mi
AirportDriveWalkDistance
Meadows Field 16 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Omar Ortiz 805-249-0131 My Realty Company, Inc.
Omar Ortiz 805-249-0131 My Realty Company, Inc.