1603 Palm Drive Bakersfield, CA 93305
2019 duplex near Bakersfield Trauma Center, ideal for investors.
- Added:
- Aug 27, 2025
- Days on Market:
- 319
- Last Refresh:
- May 19 at 8:39 pm
Property Features for 1603 Palm Drive
General Information
- Standard status
- Active
- Size
- 1,724 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2019
Listing office LPT Realty. Inc. (661) 369-0909
Listing date Aug 27, 2025
Source Kw
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 LPT Realty. Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location: Directly across from Bakersfield Trauma Center Hospital, ideal for medical professionals or investors.
- Modern Construction: Built in 2019, offering contemporary design.
- Duplex: Provides dual income potential.
Local Financial Insights For Healthcare Medical
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 | $41.4k | $24.00 |
| − Vacancy | −$3.1k | −$1.80 |
| EGI | $38.3k | $22.20 |
| − OpEx | −$15.3k | −$8.88 |
| NOI | $23.0k | $13.32 |
