Two-Building Live-Work
1302 East 19th Street Bakersfield, CA 93305
1302 East 19th Street, Bakersfield, CA, 93305
Contact for pricing
For Sale
Contact for pricing
Two separate buildings with Truxton frontage, including an on-site bomb shelter, offered for sale with interior TLC needed.
Property Size3,012 SF
Price / SF$120.85
Days on Market21
Property Features for 1302 East 19th Street
General Information
- Standard status
- Active
- Size
- 3,012 SF
- Property subtype
- Retail, Industrial, Mixed Use
Building Details
- Year Built
- 1926
Listing agency
Epique Realty
(661) 204-0159
Listed by
Debra McTaggart · License #02215280
Source
Crexi
Added: Jul 2 Updated: Jul 22 at 1:22PM Checked: Jul 22 at 1:22PM
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 Epique Realty
Investment Insights
Based on property information with market context.
This for-sale live-work property consists of two separate buildings, with frontage on Truxton. The site includes an on-site bomb shelter, which may support a variety of back-of-house or specialty storage uses depending on how the space is ultimately improved. The property is described as needing a little TLC, with condition reflected in the asking price.
The buildings offer the flexibility to operate from one structure while using the other in a complementary way, making it suitable for owner-users who want space for multiple functions under one ownership. Buyers should plan for updates and confirm their intended use for the bomb shelter and the overall improvements during due diligence.
The sale is positioned for cash or hard money buyers, and pro forma references are noted in the remarks.
The buildings offer the flexibility to operate from one structure while using the other in a complementary way, making it suitable for owner-users who want space for multiple functions under one ownership. Buyers should plan for updates and confirm their intended use for the bomb shelter and the overall improvements during due diligence.
The sale is positioned for cash or hard money buyers, and pro forma references are noted in the remarks.
Key Highlights
- Two separate buildings with frontage on Truxton
- On‑site bomb shelter included in one of the buildings
- Year built: 1926
Local Financial Insights For Industrial
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 | $47.0k | $15.60 |
| − Vacancy | −$3.1k | −$1.01 |
| EGI | $43.9k | $14.59 |
| − OpEx | −$13.2k | −$4.38 |
| NOI | $30.8k | $10.21 |
3,012 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$569.3K
$498.1K – $664.2K
NOI $39,849 @ 7.0% cap · market cap 10.95%
Second Best
Mixed Use
$540.2K
$472.7K – $630.3K
NOI $37,816 @ 7.0% cap · market cap 10.39%
Theoretical Best
Office A
$799.3K
$699.4K – $932.5K
NOI $55,951 @ 7.0% cap · market cap 15.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Two separate buildings with Truxton frontage, including an on-site bomb shelter, offered for sale with interior TLC needed.
Where is this live-work space located?
The property is located at 1302 East 19th Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Two separate buildings with frontage on Truxton; On‑site bomb shelter included in one of the buildings; Year built: 1926
