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Listed price in listed location currency (USD).
$1,275,000

000

MLS® 202511816

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 5114 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 73
Approx. Age 1946
Avg. Price Per Sqft $249
MLS® Number 202511816

Property Address: 520 Union Ave, Bakersfield, CA, 93307-1474

Average square foot calculated using Size range provided by listing agent.

Description

Seize a unique value-add opportunity at 520-530 Union Avenue, a mixed-use complex positioned for revitalization in a high-traffic area of Bakersfield. APX 31, 000 average daily traffic count! With 7 residential (6 OCCUPIED) units (5723 SF) AND 6, 842 SF of commercial space that is currently vacant, this multi-use property allows investors to immediately capitalize on Bakersfield's strong rental demand and expanding economy. Recent local government initiatives, include the Complete Streets Ordinance. With a projected $13, 596/month, and actual 2024 expenses, the property earns a 8.6% Cap Rate! Located within an ECONOMIC OPPORTUNITY ZONE. 510 Union Ave VACANT C-2 zoned 6000 SF lot next door INCLUDED in the sale: it is 50' X 120'.SELLER will FINANCE entire property with 50% down.
MLS® Number202511816
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1946
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 19, 2025List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
520 Union Ave, Bakersfield, CA

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