126 Chester Avenue

Bakersfield, CA 93304

$1,399,000
Price
Beds
3,332 Sq. Ft.
$420 / Sq. Ft.
3,332
Sq. Ft.
$420
per Sq. Ft.

Description

I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 12,994 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high...I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 12,994 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure. With a shortage of similar-sized properties for sale in the area and upward pressure on rental rates in a supply-constrained area, presents a unique opportunity to acquire a quality investment in a highly desirable area. The subject property is located in a prime Bakersfield location, walking distence to major intersection of Brundage Ln and Chester Ave, surrounded by major shopping center, and close to city hall, court, banks, police station
major remodeling and year old three AC package unit in place.
  1. Listed by Loris Barsoum • DRE #01390678 • Brokerage DRE #01823868 • Keller Williams Realty Bakerfield • 661-904-1376

Property Details for 126 Chester Avenue

Lot Size Source
Assessor
Building Area Total
3332
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
01031128002
Area
Bakersfield (BKSF)
Directions
Exit FWY 58 on H street, turn right on Brundage ln, then left on Chester Ave, about two blocks on your right hand next to Chester cleaner

Location

Listing Courtesy of Keller Williams Realty Bakerfield
Add your commute
LISTING UPDATED: 12/31/2023 07:58 AM

Property Details for 126 Chester Avenue

StatusActive
MLS #SR23211081
Days on Market167
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1965
Lot Size0.30 AC / 12,994 SF
CountyKern County

Location

Listing Courtesy of Keller Williams Realty Bakerfield
Add your commute

Building Information for 126 Chester Avenue

Stories1Residences-Year Built1965Lot Size0.30 AC / 12,994 SF

Payment Calculator

$7,936 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,635

Property Taxes

$301

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 126 Chester Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Roof: Flat
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Land Use: Retail
  • Land Lease: No
  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Retail

Property History for 126 Chester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 126 Chester Avenue

Taxable ValueLand$72,506Additions$214,177Total$286,683
Tax Record2023$3,615 ($301 / month)
Home Facts
Total Finished SqFt3,322 SqFtAbove Grade Finished SqFt3,322 SqFtStories1Lot Size13,068 SqFtStyleFinancial BuildingYear Built1965ZoningC-2CountyKERNAPN010-311-28-00-2

Schools near 126 Chester Avenue

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Emerson Middle School
Public6 to 8

Bakersfield High School
Public9 to 12

Vista Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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126 Chester Avenue is a mixed use property for sale in Bakersfield, CA 93304. This property was listed for sale on November 14, 2023 by Keller Williams Realty Bakerfield, it's currently listed at $1,399,000. It has been on the market for a total of 167 days and was last sold on March 3, 2017. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Roosevelt Elementary School, Emerson Middle School and Bakersfield High School. 126 Chester Avenue is a 0-bed, 0-bath, 3,332 sqft mixed use property built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Bakerfield

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.