For Sale1d on market
530 Union Ave
Bakersfield, CA, 93307 • Lakeview • Kern County
$999,000
$254/sqft
3,930Sqft
0.49 acLot
1946Built
Property DNA
Character Home
Built 1946 · 80 years of history
Union Avenue Tract Addition #1
Lakeview
1d on Market
Listed Apr 8, 2026
Market activity
Demand and pricing signals for this listing
53 views
People checking out this listing
1 day on market
Just listed — act fast
$254/sqft
Price per square foot
About this home
Multi Family · Built 1946
Seize a unique value-add opportunity at 530 Union Avenue, a mixed-use complex positioned for revitalization in a high-traffic area of Bakersfield. APX 31,000 average daily traffic count! With 7 residential units (6 occupied) and 6,842 SF of commercial space currently vacant, this multi-use property allows investors to immediately capitalize on Bakersfield's strong rental demand. With a projected $13,596/month and actual 2024 expenses, the property earns an 9.8% Cap Rate! Located within an ECONOMIC OPPORTUNITY ZONE. 510 Union Ave a vacant C-2 zoned 6,000 SF lot next door is INCLUDED in the sale (50' x 120'). Seller will finance the entire property with 50% down.
Estimated monthly payment
Based on current rates
$6,189/month
Principal & Interest$4,857
Property Tax$999
Insurance$333
Down payment20% ($199,800)
3%50%
Est. 6.13% rate · 30yr fixed · $799,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1946
ParkingOpen Parking
Days on Zillow1 Day
Price/sqft$254
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1946
Parking & Outdoor
ParkingOpen
Lot0.49 Acres
Location & Tax
NeighborhoodLakeview
Annual tax$4,595
Parcel13925104
Features & details
1 category of property features
Exterior Features
Parking
Open
Listing insights
Market data and value estimates
StatusFor Sale
Days on market1
Est. value$951,100
Est. rent$2,281/mo
Tax rate1.25%
Price/sqft$254
On marketApr 8, 2026
PostedApr 8, 2026
MLS statusActive
MLS updatedApr 7, 2026
Tour days9
Views53
How are the schools in Bakersfield?
3 schools rated nearby
Location
Bakersfield, CA, 93307
Price history
1 event
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Sale$999,000$254Bakersfield AOR
Listed For Sale$999,000
Apr 8, 2026•$254/sqft•Bakersfield AOR
Tax history
11 years of records
YearTax paidAssessed value
Apr 9, 2025$4,595$351,580
Apr 9, 2024$4,546$344,687
Apr 9, 2023$4,459$337,929
Apr 9, 2022$4,383$331,304
Apr 9, 2021—$324,809
Apr 9, 2020$4,662$321,480
Apr 9, 2019$4,584$321,480
Apr 9, 2018$4,488$308,998
Apr 9, 2017$4,403$297,000
Apr 9, 2016$2,174$124,826
Apr 9, 2015$2,164$122,952
Nearby homes
Neighborhood details
Local context around this listing
Bakersfield, CA • Kern County
Nearby neighborhoods
Benton ParkCampus ParkLakeviewLaurelglenOleander SunsetRio BravoSeven OaksSilver CreekSouthgateSpice Tract
Nearby cities
ArvinBakersfieldDelanoLancasterOildaleRidgecrestRosamondShafter
Nearby zip codes
93301933049330593306933079330993311933129331393314
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Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.
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