Property profile

12 Monterey St Bakersfield, CA 93305

OFF-MARKET
Bars & Pubs
Property ID
US09-0324160
4,909 SF 0.26 ac lot Built 1954
Individually Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1954
Construction WOOD
Total area 4,909 SF
Lot 0.26 ac (11,325 SF)
Zoning code R-3
APN 012-130-15-00-9
UPID US09-0324160

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12 Monterey St Bakersfield, CA 93305-3405
Bakersfield metro Census 1302 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2013
2 recorded transactions
2013
$690,000
2002
$155,500

Zoning & alternative use

R-3 · Bakersfield, CA
Zoning description

R-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessory dwelling units , two-unit dwellings, medium-density single-unit dwellings and med…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 Monterey St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message