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Property profile & analytics

1727 16Th St Bakersfield, CA 93301

  • Office buildings
  • 2,916 SF
  • 0.20 lot acres
Value Estimation
Last Sale
Jul 09, 2024
Location Intelligence
Property ID
US09-2939500
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 1727 16Th St

Year built
1973
Construction
WOOD
Lot size
0.20 lot acres
Property size
2,916 SF
Zone code
C-C
Property type
Office buildings
APN
004-042-01-00-7
APU
404201007

Description

This newly renovated, single-story office building in Bakersfield, CA, offers 3,013 square feet across five individual suites, each approximately 580 square feet. Located at 1727 16th Street, at the southeast corner of 16th and G Streets, this property benefits from a prime downtown location near Dignity Health Mercy Hospital and surrounded by various amenities including offices, medical facilities, retail, and restaurants. The building, constructed in 1973 and completely renovated in 2024, features exterior suite entrances from the parking lot, providing convenient access for tenants and visitors. Currently, two suites are leased on a month-to-month basis, and one lease expires February 28, 2026, leaving three vacant suites. This presents an excellent owner-user opportunity, allowing for partial occupancy while generating rental income from the other tenants. Each suite has separate electric and gas meters, and the building boasts 11 on-site parking spaces, supplemented by ample street parking. The total monthly gross rent is $1,430. Common restrooms are available for all tenants. The property sits on a 0.2-acre lot and is zoned C-C. The asking price for this exceptional investment opportunity is $695,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $515,000
    6.5%
    $470,000
    7%
    $485,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $485,000
    Geo Method
    $475,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $570,000
    Retail
    $555,000
    Mixed-Use
    $435,000
    Hospitality
    $480,000
    Educational
    $540,000
    Residential Income
    $560,000
    Energy
    $460,000
    Income-Based Land
    $585,000
    Food Service
    $545,000

Location Insight

  • Map
  • Local Demand
City
Bakersfield
County
Kern
State
California
Longitude
-119.022
Latitude
35.3721
CBSA code
12540
CBSA name
BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,852
$44,383
$177,629
$222,012
-
$0.00
$0.00
$0.00
More about this property
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