Stand-Alone Office
1215 L St Bakersfield, CA 93301
1215 L St, Bakersfield, CA, 93301
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For Sale
Contact for pricing
Turn-key office building with reception, private offices, break room, and restrooms on a fenced, gated site.
Property Size1,040 SF
Lot Size0.14 Acres
Price / SF$283.65
Days on Market121
Property Features for 1215 L St
General Information
- Standard status
- Active
- Size
- 1,040 SF
- Lot size
- 0.14 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1960
Listing agency
ASU Commercial
(661) 885-6949
Listed by
Dylan Lym · License #CA 02103385
Source
Crexi
Added: Mar 25 Updated: Jul 22 at 12:42AM Checked: Jul 22 at 4:54PM
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 ASU Commercial
Investment Insights
Based on property information with market context.
1215 L Street is a stand-alone office building offered in turn-key condition, designed to support day-to-day professional use. The property includes approximately 1,040 SF of office improvements with a reception area, multiple private offices, a break room, and restroom facilities.
The building sits on a 6,153± SF parcel and is fenced and gated, providing controlled access. Seven on-site parking stalls are included, with additional nearby street parking. The property is located in downtown Bakersfield near the Kern County Superior Court and City Hall, within the core downtown corridor, with convenient access to major thoroughfares including Truxtun Avenue and Chester Avenue.
Zoned C-C (Commercial Center), the site offers flexibility for a range of commercial uses consistent with the zoning designation.
The building sits on a 6,153± SF parcel and is fenced and gated, providing controlled access. Seven on-site parking stalls are included, with additional nearby street parking. The property is located in downtown Bakersfield near the Kern County Superior Court and City Hall, within the core downtown corridor, with convenient access to major thoroughfares including Truxtun Avenue and Chester Avenue.
Zoned C-C (Commercial Center), the site offers flexibility for a range of commercial uses consistent with the zoning designation.
Key Highlights
- Stand‑alone downtown Bakersfield office building built in 1960
- Approximately 1,040 SF of office improvements on a 6,153± SF parcel
- Interior includes reception, multiple private offices, break room, and restroom 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 | $21.8k | $21.00 |
| − Vacancy | −$3.5k | −$3.36 |
| EGI | $18.3k | $17.64 |
| − OpEx | −$4.6k | −$4.41 |
| NOI | $13.8k | $13.23 |
1,040 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$196.6K
$172.0K – $229.3K
NOI $13,759 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.0K
$241.5K – $322.0K
NOI $19,319 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Law Office of Jason ...
Law Firm
Sobti Law Group
Law Firm
Bakersfield Tax Help ...
Law Firm
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FAQs
What type of property is this?
Office building - Turn-key office building with reception, private offices, break room, and restrooms on a fenced, gated site.
Where is this office building located?
The property is located at 1215 L St Bakersfield, CA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Stand‑alone downtown Bakersfield office building built in 1960; Approximately 1,040 SF of office improvements on a 6,153± SF parcel; Interior includes reception, multiple private offices, break room, and restroom facilities
