You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $740,000
Office buildings

2724 L St Bakersfield, CA 93301-2349

5,413 SF 0.37 ac lot Built 1963
Entity Owned ~ Est. High Equity
Property ID
US09-3325989
Property summary
AI-generated overview

This single-story, 6,715-square-foot freestanding professional office building is located in downtown Bakersfield, California, at 2724 L Street. Built in 1963, the property sits on a 16,117-square-foot lot and is zoned M-1. The building features a conventional office layout including six private offices, three conference rooms, open workspace, an IT room, two multi-stall restrooms (one with a shower), a breakroom, and storage. On-site amenities include secured private covered parking and additional street parking. Its central location offers easy access to major thoroughfares like 23rd and 24th Streets, Golden State Highway, and Highway 99, placing it near Adventist Health Hospital and public transportation. The building's prime location is surrounded by other office, medical, retail, and food establishments, providing excellent visibility and convenience. This owner/user opportunity is priced at $849,000 ($126.43 per square foot) and presents a compelling value proposition, offered well below replacement cost. The property's APN is 002-150-20. This is a rare opportunity to acquire a well-maintained, centrally located office building in a thriving Bakersfield market.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1963
Construction WOOD
Total area 5,413 SF
Lot 0.37 ac (16,117 SF)
Zoning code M1
APN 002-150-20-00-6
UPID US09-3325989
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
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$725k
Blend (final) Blend
$740k
Owner & transaction history
Sidhu19 Investments LLC
Sidhu19 Investments LLC
since 2025
Last sale
$775,000
5 recorded transactions
2025
$775,000
2013
Price N/A
1995
Price N/A
1977
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2724 L St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message