520 Union Avenue
Bakersfield, CA 93307

$1,150,000

Sq. Ft.: 5,114
Type: Commercial
Listing #202511816
Seize a unique value-add opportunity at 520-530 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 (5723 SF) AND 6,842 square feet of commercial space that is currently vacant, this multi-use property allows investors to immediately capitalize on Bakersfield's strong rental demand and expanding economy. Recent local government initiatives, including the Complete Streets Ordinance. With a projected $13,596/month, and actual 2024 expenses, the property earns a 8.6% Cap Rate! Located within an ECONOMIC OPPORTUNITY ZONE. Can be purchased with 510 Union Ave (separately listed) C-2 zoned 6000 SF lot next door as a package deal. SELLER will FINANCE with 50% down.
Property Features
Location Information
County: Kern
MLS Area: 41
Exterior Features
Lot Size in Acres: 0.488
Lot Size in Sq. Ft.: 21,240
Current Use: Commercial and Residential Mixed Use
Zoning: C-2 Commercial
Additional Information
Property Type: COM
Property SubType: Commercial
Property SubType 2: Commercial / Ind.
Year Built: 1946
Status: Active


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Philip Jordan Keller Williams Realty
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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.
Golden Empire MLS data last updated at October 19, 2025, 9:30 AM PT