Financial
Distress signals
Property profile

2673 Mount Vernon Ave Bakersfield, CA 93306

FOR LEASE
Turn key restaurants
Property ID
US09-0396622
5,587 SF 0.8 ac lot Built 1974
Last sale Dec 2025 · $1,550,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding restaurant building in Bakersfield, California, historically used as a Huckleberry’s, located on Mt Vernon Avenue between Columbus St and Bernard St, off State Route 178 with visibility from SR-178. The building covers approximately 5,587 square feet and sits on a 34,848 square foot corner lot. It is configured with an open floor plan, updated hard-surface flooring, and modern lighting, along with energy-efficient building updates. The interior includes private…

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?
$19k
Tax billed · 2023
Assessed value$1.58M
Assessed land$520k
Assessed improvement$1.06M
Effective rate1.19%

Value estimate

· Sep 2026
$1.97M
$1.77M – $2.16M
AI approach$1.83M
Submarket $/SF estimate$1.71M
NOI build-up
Gross scheduled income$139k
Vacancy & credit loss−$8k
Operating expenses−$39k
NOI · 5,097,722.22% cap applied$92k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$405/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$123 – $638
Qualifying comparables3

Cap rate analysis

How does the asset earn?
5,097,722.22%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency63.4
Building Supply42.5
Law Firm41.7

Location

2673 Mount Vernon Ave Bakersfield, CA 93306
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1217 Morning, Bakersfield, CA 93306-6127 $700,000 May 2025 6,144 SF
3143 Niles, Bakersfield, CA 93306-4349 $580,000 Sep 2024 4,920 SF
3793 Auburn, Bakersfield, CA 93306-2765 $457,000 Sep 2024 4,970 SF
2650 Mt Vernon, Bakersfield, CA 93306-2924 $2,550,000 Sep 2023 6,219 SF
3217 Niles, Bakersfield, CA 93306-4372 $325,000 Oct 2022 6,000 SF
8105 Kern Cyn, Bakersfield, CA 93306-5000 $339,500 Sep 2022 4,260 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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