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
County: Kern
MLS Area: 41
Lot Size in Acres: 0.488
Lot Size in Sq. Ft.: 21,240
Current Use: Commercial and Residential Mixed Use
Zoning: C-2 Commercial
Property Type: COM
Property SubType: Commercial
Property SubType 2: Commercial / Ind.
Year Built: 1946
Status: Active
$ per month
Year Fixed. % Interest Rate.
Principal + Interest: | $ |
Monthly Tax: | $ |
Monthly Insurance: | $ |
Listing Courtesy of Philip Jordan Keller Williams Realty

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
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