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Property profile & analytics
FOR SALE
Medical Office Space

1711 28Th St Bakersfield, CA 93301

4,802 SF 0.15 ac lot Built 1955
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-5379397
Property summary
AI-generated overview

This 4,802 square foot, single-story medical office building in Bakersfield, CA, is available for sale at $945,000 ($196.79/sq ft). Built in 1955 and renovated in 2019, this Class C property features two units, currently vacant, and is zoned C-1. The efficient layout includes sixteen exam rooms, six ADA-compliant restrooms, two separate waiting areas, three private offices, a reception area, break room, and nurses' station. Five points of ingress/egress ensure easy access. Located at 1711 28th St, Bakersfield, CA 93301, on a 0.15-acre lot, this property boasts abundant on-site parking via the Westchester Parking Association and ample street parking. Its prime downtown location offers convenient access to Adventist Health Hospital, Memorial Hospital, Mercy Hospital Downtown, Kaiser Permanente, restaurants, and government offices. Major roadways, including Highways 178 and 99, and the Westside Parkway, provide easy access to all areas of Bakersfield. The property benefits from the ongoing revitalization of Downtown Bakersfield and Old Town Kern, attracting both local and out-of-area investors. This turnkey opportunity presents a rare chance to acquire a well-equipped medical office building in a thriving location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Construction WOOD
Total area 4,802 SF
Lot 0.15 ac (6,534 SF)
Zoning code C-1
APN 001-232-07-00-9
UPID US09-5379397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$890k
CAP Approach CAP
$985k
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$890k
Owner & transaction history
Indistinct Cat Properties LLC · 1 yrs held
Indistinct Cat Properties LLC
since 2024
Last sale
$888,500
7 recorded transactions
2024
$888,500
2022
$650,000
2007
$396,454
2004
$430,000
1996
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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