401 E California Ave - Storefront Retail/Residential FOR SALE


Bakersfield, CA 93307- Lakeview
$799,900 USD
805-249-0131
401 E California Ave, Bakersfield, CA for Sale
$799,900 USD
Storefront Retail/Residential - FOR SALE
1/27
null | 10% Cap Rate

401 E California Ave
Bakersfield, CA 93307
Lakeview


HIGHLIGHTS

  • Multi Revenue streams with garage and billboard receiving monthly rents.
  • Corner storefront.

OVERVIEW

Incredible investment opportunity in a high-visibility corner location. This versatile M1-zoned property features a fully leased mixed-use setup with a commercial storefront, a renovated 3 bed/2 bath home, four 1 bed/1 bath casitas (three recently updated), a garage with office/storage space, and income-producing billboard signage. Most units have been upgraded, and all have separate PG&E meters (six total); water is owner-paid. Strong rental history with solid cash flow and upside potential. Located in an established area near downtown Bakersfield with convenient access to major streets and freeways. Ideal for investors seeking steady income and long-term growth in a mixed-use setting. Do not disturb tenants. Drive by only. Shown with accepted offer.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$204 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

M-1

APN/PARCEL ID

139-042-01-00-0

ASK ABOUT THIS PROPERTY

Omar OrtizMy Realty Company, Inc.More Info
805-249-0131

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Omar OrtizMy Realty Company, Inc.More Info
805-249-0131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.