Technical
Financial
Distress signals
Property profile

516 California Ave Bakersfield, CA 93304

OFF-MARKET
Parking lots & garages
Property ID
US09-2500025
0.33 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Construction WOOD FRAME
Lot 0.33 ac (14,374 SF)
Zoning code M-1
APN 006-502-04-00-3
UPID US09-2500025

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
  • Wedding Service

Location

516 California Ave Bakersfield, CA 93304-1610
Bakersfield metro Census 1600 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$710k

Owner & transaction history

since 2025
Last sale
$850,000
7 recorded transactions
2025
Price N/A
2022
Price N/A
2010
Price N/A
2006
Price N/A
2006
$850,000
2003
$270,000
2003
Price N/A

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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