$2,475,000

Estimated payment $17,896/month

Total Views 2,232
-- Beds
-- Baths
31,789 Sq Ft
$78 Price per Sq Ft

About This Home

ASU Commercial is pleased to present for sale 2525 North Chester Avenue, a single-story office building located in the North Bakersfield/Oildale submarket. The property is currently leased through June of 2027 to the County of Kern. The tenant will vacate upon lease expiration presenting the opportunity for a user to purchase an office asset at well below replacement cost. The projected net income of $320,000 from July 1, 2026 through the end of the tenant's lease term will allow a buyer to receive substantial income while planning their use of the property.

Listing Agent

Matthew Starr

ASU Commercial License #01367855 Listed on: 06/05/2026

Property Details

Property Type

  • Other

Year Built

  • Built in 1969

Lot Details

  • 5.32 Acre Lot
  • Zoning described as C-O

Home Design

  • 31,789 Sq Ft Home

Utilities

  • Cooling System Powered By Gas

Community Details

  • Gross Income $775,540
  • Net Operating Income $322,605

Listing and Financial Details

  • Assessor Parcel Number 49102005

Property Details

Property Type

Other

Year Built

Built in 1969

Lot Details

5.32 Acres

Listing Details

  • Prop. Type: Commercial / Ind.
  • Year Built: 1969
  • Cap Rate Description: 13.03
  • Property Sub Type: Commercial
  • Lot Size Acres: 5.3200
  • Garage Yn: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Living Area: 31789.00

Exterior Features

  • Disclosures: Call Agent
  • Pool Private: No

Garage/Parking

  • Parking Features: Private/10+

Utilities

  • Heatcool: Gas, Electric

Lot Info

  • Zoning Description: C-O
  • Lot Size Sq Ft: 231739.00
  • Parcel #: 49102005

Multi Family

  • Total Annual Expense: 452935.00
  • Existing Lease Type: Net
  • Property Net Operating Income: 322605.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $51,669 $4,228,238 $1,424,777 $2,803,461
2025 $50,668 $4,145,333 $1,396,841 $2,748,492
2024 $49,311 $4,064,052 $1,369,452 $2,694,600
2023 $49,311 $3,984,365 $1,342,600 $2,641,765
2022 $49,031 $3,906,241 $1,316,275 $2,589,966
2021 $48,975 $3,829,649 $1,290,466 $2,539,183
2020 $47,796 $3,790,381 $1,277,234 $2,513,147
2019 $47,257 $3,790,381 $1,277,234 $2,513,147
2018 $45,662 $3,643,198 $1,227,639 $2,415,559
2017 $45,790 $3,571,764 $1,203,568 $2,368,196
2016 $41,124 $3,501,730 $1,179,969 $2,321,761
2015 $40,422 $3,449,131 $1,162,245 $2,286,886
2014 $39,467 $3,381,569 $1,139,479 $2,242,090
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2026 06/05/26 For Sale $2,475,000 -- $78 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202606070

Bakersfield Association of REALTORS® / GEMLS
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