Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs
805 Chester Ave Bakersfield, CA 93308-3512
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-1822820
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1937
Construction
WOOD
Total area
3,696 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2
APN
113-280-13-00-3
UPID
US10-1822820
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Truxtun Psychiatric Medical Group L · 5 yrs held
Truxtun Psychiatric Medical Group L
since 2021
Last sale
$230,000
7 recorded transactions
Zoning & alternative use
C-2 · 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
$2,090
Tax year 2023
Assessed value
$26,010
Assessed 2023
Previous assessed
$26,010
+0.0% YoY
Effective rate
8.04%
On assessed value
Assessed land
$26,010
Applied tax rate
121.0000
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
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,696 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2
APN
113-280-13-00-3
UPID
US10-1822820
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning C-2 · permitted uses
C-2 · 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
1937
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Truxtun Psychiatric Medical Group L
Entity
Mailing address
7404 CALLE SAGRADA, BAKERSFIELD, CA 93309-0803
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
$525,000
Truxtun Psychiatric Medical Group L
Aqua Properties LLC
Grant Deed
—
May 31, 2019
$285,000
Aqua Properties LLC
Truxtun Psychiatric Medical Gr
Grant Deed
$225,000 · Truxtun Psychiatric Medical Gr
Feb 12, 2019
$240,000
Truxtun Psychiatric Medical Gr
Kern Medical Properties LLC
Quit Claim Deed
related
—
Mar 22, 2018
$240,000
Kern Medical Properties LLC
Thurman Invs INC
Grant Deed
—
May 11, 2017
$248,693
Thurman Investments INC
Mortgage Lender Services|hoover Vern Living Trust
Trustees Deed
related
—
Dec 16, 2015
$3,000
Black,rashelle Living Trust
Vern Hoover Living Trust
Grant Deed
—
Nov 28, 2012
—
Vern Hoover Living Trust
Trouts Corp
Grant Deed
—
Apr 30, 1991
$250,000
Coast Servi Kern
Knapp,gene O
Grant Deed
$320,000 · Seller
—
—
Trouts Night Club
—
Deed Of Trust
related
$75,000 · Becherer J C & S M Living Tr
—
—
Vern Hoover
—
Deed Of Trust
related
$60,000 · Pace Diversified Corp
—
—
Vern,hoover Living Trust
—
Deed Of Trust
related
$145,000 · Milestone Financial
—
—
Aqua Properties LLC
—
Deed Of Trust
related
$100,000 · Umaima Jamaluddin
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.
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 805 Chester Ave?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
