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518 Roberts Ln 518 Roberts Ln 1,000 SF 100% Leased Flex Building Bakersfield, CA 93308 $399,000 ($399/SF)
Investment Highlights
- Essentially new construction — rebuilt 2022 after fire, permits finaled
- Split zoning per zoning map: C-2 PD (front) / R-2 (rear)
- New roof, plumbing, electrical, wall furnace, and evaporative cooler
- 0.93± acre lot (40,510 SF) — well above typical in-town parcel size
- Two separate water meters — one for the residence, one for the rear lot
- Clean 1,000 SF layout, 2 bed/1 bath — move-in ready without an older home's deferred maintenance
Executive Summary
Rebuilt in 2022 following a fire — new roof, plumbing, electrical, wall furnace, and evaporative cooler, all permitted and finaled (10/11/2022). 1,000 SF, 2 bed/1 bath residence on a 40,510 SF (0.93± acre) lot with split zoning per zoning map — C-2 PD on the front portion, R-2 on the rear. This is an unincorporated Kern County parcel; buyer and buyer's agent to independently verify zoning and permitted uses with Kern County Planning and Natural Resources Department. Two separate water meters currently serve the residence and the rear of the lot. Owner-occupied; buyer to coordinate possession timeline with seller.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$36,000
|
$36.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,000
|
$36.00
|
| Taxes |
$5,200
|
$5.20
|
| Operating Expenses |
$1,000
|
$1.00
|
| Total Expenses |
$6,200
|
$6.20
|
| Net Operating Income |
$29,800
|
$29.80
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $36.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $36.00 |
| Taxes | |
|---|---|
| Annual | $5,200 |
| Annual Per SF | $5.20 |
| Operating Expenses | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $1.00 |
| Total Expenses | |
|---|---|
| Annual | $6,200 |
| Annual Per SF | $6.20 |
| Net Operating Income | |
|---|---|
| Annual | $29,800 |
| Annual Per SF | $29.80 |
Property Facts
| Price | $399,000 | Rentable Building Area | 1,000 SF |
| Price Per SF | $399 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2022 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Lot Size | 0.93 AC | ||
| Zoning | C-2 PD / R-2 - Split zoning per zoning map: C-2 PD (front), R-2 (rear). Unincorporated Kern County. Buyer to verify with County Planning. | ||
| Price | $399,000 |
| Price Per SF | $399 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Lot Size | 0.93 AC |
| Rentable Building Area | 1,000 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
| Zoning | C-2 PD / R-2 - Split zoning per zoning map: C-2 PD (front), R-2 (rear). Unincorporated Kern County. Buyer to verify with County Planning. |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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518 Roberts Ln | 518 Roberts Ln