Duplex With Attached
For Sale
$440,000
6011 Hill Dale Plz, Bakersfield, CA 93306
Two three-bedroom residences offer fireplaces, indoor laundry, private yards, and separate attached garage parking.
Property Size2,309 SF
Price / SF$190.56
Days on Market77
Property Features for 6011 Hill Dale Plz
General Information
Standard status
Active
Size
2,309 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/1.75BA
Multifamily Units
2
Parking per Unit
1
Amenities
fireplaces
indoor laundry
private backyards
Building Details
Buildings
1
Listing Agency:
Posh Properties of California
(661) 703-6386
Listed By:
Jenny Lynn Magana · License #01886687
(661) 703-6386
Source:
Exprealty
Added: Jun 16
Changed: Aug 29
Last Checked: Aug 30 at 8:11PM
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 Posh Properties of California
Investment Insights
Based on property information with market context.
This duplex contains two three-bedroom, 1.75-bath residences, with each unit providing more than 1,150 square feet of living area. The combined property size is 2,309 square feet. Interior features include fireplaces, tile flooring, and dedicated indoor laundry areas. Each residence also has a private backyard and an attached one-car garage.
Located at 6011 Hill Dale Plz in Bakersfield, California, the property offers a two-unit configuration suited to residential income ownership or owner occupancy. The separate living spaces and individual garage, laundry, and backyard features provide practical functionality for each household.
Located at 6011 Hill Dale Plz in Bakersfield, California, the property offers a two-unit configuration suited to residential income ownership or owner occupancy. The separate living spaces and individual garage, laundry, and backyard features provide practical functionality for each household.
Key Highlights
- Two‑unit duplex with 3‑bedroom, 1.75‑bath residences
- Each unit offers more than 1,150 sq. ft. of living space
- 2,309‑square‑foot combined property size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$604,860
$604.9K
Cap Rate 7%
$432,043
$432.0K
Cap Rate 9%
$336,033
$336.0K
Market Conditions
NOI Build-Up for 2,309 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.7K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$43.2K $18.71/SF
− OpEx
−$13.0K −$5.61/SF
NOI
$30.2K $13.10/SF
Area
ZIP 93306
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$604,860
Cap Rate 7%
$432,043
Cap Rate 9%
$336,033
Alternative Uses
Best Use
Multifamily LT 5
$432.0K
$378.0K – $504.1K
NOI $30,243 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$388.0K
$339.5K – $452.7K
NOI $27,160 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$617.2K
$540.1K – $720.1K
NOI $43,204 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
Demographics for 93306, CA
74,623
Population
23,789
Households
3.1
Avg Household Size
32
Median Age
18%
College-Educated
77%
High-School Grad
97.3 sq mi
ZIP Area
767
Density / Sq Mi
$66,988
Median Household Income
$35,696
Median Earnings
$1,219
Median Rent
$290,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer fireplaces, indoor laundry, private yards, and separate attached garage parking.
Where is this duplex located?
The property is located at 6011 Hill Dale Plz Bakersfield, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 1.75‑bath residences; Each unit offers more than 1,150 sq. ft. of living space; 2,309‑square‑foot combined property size
