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Property profile & analytics

1727 16Th St Bakersfield, CA 93301

  • Office buildings
  • 2,916 SF
  • 0.20 lot acres
For Sale
Last Sale
Jul 09, 2024
Value Estimations
Cap Rate Potential
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 Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $360,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $390,000
    Market price range: $391k - $770k
    AI Estimate
    $275,000
    Market price range: $225k - $603k

Get a detailed, property-specific valuation — fast and free


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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