901 34th St Bakersfield, CA 93301
Downtown Bakersfield NeighborhoodEstimated payment $3,038/month
About This Home
ASU Commercial is pleased to present 901 34th Street, a fully leased single-tenant medical office investment in Downtown Bakersfield's established healthcare corridor. The 2,370 SF building sits on a 9,963 SF corner parcel and was extensively renovated in 2023, creating a modern asset with minimal near-term capital needs. The property is leased to an established regional operator with more than ten California locations, providing stable cash flow through May 31, 2031. The lease includes 2.5% annual rent increases, one five-year renewal option, and a modified gross structure that limits landlord responsibilities. Recent improvements include a new roof, HVAC, water heater, flooring, lighting, ADA upgrades, security system, and remodeled interior finishes. The property offers 15 gated parking spaces. Located at the corner of 34th Street and Panama Street, the asset is less than a quarter mile from Dignity Health Memorial Hospital and offers convenient access to Highways 99 and 178.
Property Details
Property Type
- Other
Year Built
- Built in 1988
Lot Details
- 9,963 Sq Ft Lot
- Zoning described as M-1, City of Bakersfield
Home Design
- 2,303 Sq Ft Home
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 00203113
Community Details
Overview
- Homaker Park Subdivision
Building Details
- Gross Income $48,444
- Net Operating Income $37,285
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,498 | $195,595 | $83,232 | $112,363 |
| 2024 | $2,498 | $191,760 | $81,600 | $110,160 |
| 2023 | $2,660 | $205,735 | $39,554 | $166,181 |
| 2022 | $2,664 | $205,735 | $39,554 | $166,181 |
| 2021 | $2,634 | $201,702 | $38,779 | $162,923 |
| 2020 | $2,629 | $199,635 | $38,382 | $161,253 |
| 2019 | $2,580 | $199,635 | $38,382 | $161,253 |
| 2018 | $2,521 | $191,886 | $36,893 | $154,993 |
| 2017 | $2,513 | $188,124 | $36,170 | $151,954 |
| 2016 | $2,279 | $184,436 | $35,461 | $148,975 |
| 2015 | $2,272 | $181,667 | $34,929 | $146,738 |
| 2014 | $2,198 | $178,109 | $34,245 | $143,864 |
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 |
|---|---|---|---|---|
| 06/17/2026 06/17/26 | For Sale | $525,000 | -- | $228 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $188,000 | Chicago Title | |
| Grant Deed | -- | Krbechek Randolf | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $130,000 | Heritage Title Co |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606574
APN: 002-031-13-00-8
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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