1124 Baker Street Bakersfield, CA 93305
1124 Baker Street, Bakersfield, CA, 93305
$1,500,000
For Sale
$1,500,000
Office buildings
Property Size8,656 SF
Price / SF$173.29
Days on Market226
Property Features for 1124 Baker Street
General Information
- Standard status
- Active
- Size
- 8,656 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1938
Listing agency
Golden Valley Real Estate Group
(661) 333-8513
Listed by
Daniel Mena
(661) 333-8513
Source
Xome
Added: Dec 8, 2025 Updated: Jul 21 at 8:10AM Checked: Jul 21 at 8:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Valley Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- Old Kern commercial building built in 1938
- 9 private offices plus 1 conference room and 1 meeting room
- ADA compliant with 3 guest facilities
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.8k | $21.00 |
| − Vacancy | −$29.1k | −$3.36 |
| EGI | $152.7k | $17.64 |
| − OpEx | −$38.2k | −$4.41 |
| NOI | $114.5k | $13.23 |
8,656 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.64M
$1.43M – $1.91M
NOI $114,519 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,794 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
CSO Brotherhood
Social Services Organization
John Barela
Counselor
CSOBHP
Medical Clinic
Laura Allison-Brown
Counselor
Teri John
Counselor
Similar For Sale Nearby
FAQs
Where is this office building located?
The property is located at 1124 Baker Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Old Kern commercial building built in 1938; 9 private offices plus 1 conference room and 1 meeting room; ADA compliant with 3 guest facilities
