Technical
Financial
Distress signals
Property profile

2421 California Ave Bakersfield, CA 93307

OFF-MARKET
Flex space
Property ID
US10-2340146
3,980 SF 0.3 ac lot Built 1980
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1980
Construction WOOD
Total area 3,980 SF
Lot 0.3 ac (13,068 SF)
Zoning code M-1
APN 141-111-14-00-8
UPID US10-2340146

Cap rate & NOI

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

Location

2421 California Ave Bakersfield, CA 93307-2008
Bakersfield metro Census 2305 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2024
Last sale
$220,000
7 recorded transactions
2024
$220,000
2024
Price N/A
2018
$35,000
2011
Price N/A
2011
$90,000
2005
$61,500
2000
$77,000

Zoning & alternative use

M-1 · Bakersfield, CA
Zoning description

The intent of M-1 zone is to promote light manufacturing and related uses

General category INDUSTRIAL

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
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