Financial
Distress signals
Property profile

1201 23rd St Bakersfield, CA 93301

OFF-MARKET
Medical Office Space
Property ID
US09-3063562
5,208 SF 0.32 ac lot Built 1965
Last sale May 1996 · $265,000
Individually Owned Owner of record is an individual. 30-yr Hold Held for 30 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,263 square foot storefront, located at 1201 23rd Street in Bakersfield, California, presents a compelling investment opportunity. Built in 1965 and situated on a 0.32-acre lot, the property boasts a highly desirable C-C zoning designation. Its prime location between heavily trafficked 23rd and M Streets places it within easy reach of a substantial workforce

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$423k
Assessed land$160k
Assessed improvement$263k
Effective rate1.23%

Value estimate

· Sep 2026
$1.05M
$941k – $1.15M
AI approach$1.03M
CAP approach$1.07M
Submarket $/SF estimate$889k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$171 – $304

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-C
The C-C zone is intended for those areas in the city that are planned for large-scale mixed use development centers consisting of commerc...
General categoryMIXED_USE
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.7
Shoe Repair8.7
Storage Facility8.0

Location

1201 23rd St Bakersfield, CA 93301-2306
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3807 San Dimas, Bakersfield, CA 93301-5730 $300,000 Apr 2025 6,076 SF
2634 G, Bakersfield, CA 93301-2814 $1,125,000 Sep 2024 5,589 SF
2120 19th, Bakersfield, CA 93301-3709 $2,450,000 Sep 2024 4,978 SF
1701 26th, Bakersfield, CA 93301-2803 $1,010,000 Aug 2024 4,111 SF
1215 34th, Bakersfield, CA 93301-2107 $2,700,000 Nov 2023 6,584 SF
1705 28th, Bakersfield, CA 93301-1902 $54,000 Oct 2023 5,108 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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