# 530 Union Avenue, Bakersfield, CA 93307

> **TL;DR:** residential multi family, $999,000 ($254/sqft), built 1946, 3,930 sqft. Est. $4,329/mo. Listed 56 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,000 |
| Price/sqft | $254 |
| Square Feet | 3,930 |
| Year Built | 1946 |
| Lot Size | 21,240 sqft (0.49 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 56 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,329 |
| **Total** | **$4,329** |

## Nearby Schools

- **Elementary:** Fremont_Bak
- **Middle:** Washington
- **High:** Bakersfield

## Property Highlights

- Built in 1946
- 0.49 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 530 Union Avenue, Bakersfield, CA 93307
- **County:** Kern
- **Coordinates:** 35.362259, -119.002569
- **Google Maps:** https://www.google.com/maps?q=35.362259,-119.002569

## Listing Agent

- **Name:** Phil M Jordan
- **Brokerage:** Keller Williams Realty
- **Phone:** 8054538353
- **Email:** phil@jordanapartmentguys.com

## Primary Photo

![530 Union Avenue - Primary Photo](http://lh.rdcpix.com/0b0d7b9465a8db907f15da2597fd73fal-f4193711653r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/530-union-avenue-bakersfield-ca-93307-02603648)*

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**MLS#:** 202603648 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/530-union-avenue-bakersfield-ca-93307-02603648)

---

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