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2100 19th St

9,000 SF 100% Leased Retail Building Bakersfield, CA 93301 £1,185,015 (£132/SF) 3.80% Net Initial Yield

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Investment Highlights

Long term multi tenants

Executive Summary

Property has 5 units. Long-term tenants with low rents. Good owner-user property and lease out other units. Rents currently at .78/ft., which is far below market rents. Good value add property.

2100 19th St. Flyer 09-18-24

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	$99,999	$9.99
Vacancy Loss	$99,999	$9.99
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	$99,999
Annual Per SF	$9.99

Vacancy Loss
Annual	$99,999
Annual Per SF	$9.99

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

9,000 SF

Building Class

Year Built

1946

Price

£1,185,015

Price Per SF

£132

Net Initial Yield

3.80%

NOI

£45,031

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.98

Land Acres

0.21 AC

Zoning

C-O - Neighborhood Retail.

Parking

32 Spaces (3.56 Spaces per 1,000 SF Leased)

Frontage

159 ft on 19th

Amenities

Corner Lot

Fenced Lot

Recessed Lighting

Air Conditioning

1 of 1

map
traffic

Walk Score ®

Very Walkable (84)

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, Transit Score® & Bike Score?

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measures access to public transit. Bike Score®

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PROPERTY TAXES

Parcel Number	003-351-17-00-0	Total Assessment	£680,216 (2024)
Land Assessment	£109,974 (2024)	Annual Taxes	-£1 (£0.00/sf)
Improvements Assessment	£570,242 (2024)	Tax Year	2023