Property profile

2603 Mt Vernon Ave Bakersfield, CA 93306

OFF-MARKET
Assisted living facilities
Property ID
US09-2497987
11,841 SF 1.05 ac lot Built 1958
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1958
Construction WOOD
Total area 11,841 SF
Lot 1.05 ac (45,738 SF)
Zoning code R-3
APN 129-010-49-00-4
UPID US09-2497987

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hospital
  • Bakery
  • Bakery
  • Bakery Specialty Food Shop
  • Bakery

Location

2603 Mt Vernon Ave Bakersfield, CA 93306-2900
Bakersfield metro Census 904 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.94M

Owner & transaction history

since 2025
Last sale
$5.9M
7 recorded transactions
2025
$5.9M
2023
$3.5M
2023
Price N/A
2021
$2.7M
2005
$1.9M
2002
$1.2M
1992
$1.3M

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
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