460 Oswell St, Bakersfield, CA 93307
For Sale
$2,700,000
Apartment buildings
Property Size14,564 SF
Price / SF$185.39
Days on Market114
Property Features for 460 Oswell St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
THE ASSOCIATES REALTY GROUP
(949) 343-0202
Listed By:
ANTHONY RODRIGUEZ · License CA #01878752
(844) 504-4965
Source:
Monumentglobalestates
Added: Jul 24
Changed: Nov 8
Last Checked: Nov 13 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE ASSOCIATES REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,607
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,332,140
$3.3M
Cap Rate 7%
$2,380,100
$2.4M
Cap Rate 9%
$1,851,189
$1.9M
Market Conditions
NOI Build-Up for 14,564 SF
Gross rent
$321.6K $22.08/SF
− Vacancy
−$18.7K −$1.28/SF
EGI
$302.9K $20.80/SF
− OpEx
−$136.3K −$9.36/SF
NOI
$166.6K $11.44/SF
Area
ZIP 93307
Vacancy
5.80%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,332,140
Cap Rate 7%
$2,380,100
Cap Rate 9%
$1,851,189
Alternative Uses
Best Use
Apartment 5plus
$2.38M
$2.08M – $2.78M
NOI $166,607 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,904 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 93307, CA
88,338
Population
24,349
Households
3.6
Avg Household Size
29
Median Age
7%
College-Educated
59%
High-School Grad
141.2 sq mi
ZIP Area
626
Density / Sq Mi
$52,572
Median Household Income
$29,141
Median Earnings
$1,195
Median Rent
$238,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Bakersfield, CA
Properties on Market for Apartment buildings in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
Where is this apartment building located?
The property is located at 460 Oswell St Bakersfield, CA.
What is the asking price?
The asking price for this property is $2,700,000.
