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Property profile & analytics
OFF-MARKET
Bars & Pubs
1821 Chester Ave Bakersfield, CA 93304-5237
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-3167434
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1952
Construction
WOOD
Total area
3,000 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C2
APN
166-023-09-00-3
UPID
US10-3167434
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
Current use
Occupant on record · Public records
-
El Efectibo Mexican Food Restaurant
-
Ironhorse Bar & Pub Nightclub
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gerardo L Espinoza · 9 yrs held
Gerardo L Espinoza
since 2017
7 recorded transactions
Zoning & alternative use
C2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bakersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bakersfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,028
Tax year 2023
Assessed value
$250,987
Assessed 2023
Previous assessed
$250,987
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$100,394
Assessed improvement
$150,593
Applied tax rate
56.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
3,000 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C2
APN
166-023-09-00-3
UPID
US10-3167434
Jurisdiction
KERN
Zoning & alternative use
C2 · Bakersfield, CA
Zoning C2 · permitted uses
C2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bakersfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Gerardo L Espinoza
Individual
Mailing address
499 PACHECO RD SPC #171, BAKERSFIELD, CA 93307-4870
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Gerardo Lopez Espinoza
—
Deed
related
$137,800 · Frank Hinmon
Mar 31, 2017
$235,000
Gerardo L Espinoza
Brock M E Living Trust
Grant Deed
$195,000 · Brock M E Living Trust (lt)
Aug 31, 2010
$175,000
Brock Matthew E Living Trust
Hicks,brian B
Grant Deed
$80,000 · Andre Paul J Trust (rt)
Apr 5, 2007
$170,000
Brian B Hicks
Gharibeh,issa & Susan
Grant Deed
—
Jun 19, 2003
$103,000
Issa Gharibeh
Schweighauser,ronald L & Sybil E
Grant Deed
$77,250 · Bank Of The Sierra
Aug 4, 1995
$100,000
Ronald L Schweighauser
Ray,b C & Mary E
Grant Deed
$80,000 · Seller
Nov 1, 1989
$150,000
Alice J Hill
Ray,b C
Grant Deed
$130,000
—
—
Brian B Hicks
—
Deed Of Trust
related
$100,000 · Paul J Andre
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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