Four-Unit Quadplex with
For Sale
$829,000
Pending
8200 Laborough Drive, Bakersfield, CA 93311
Residential Income, Bakersfield, CA
Property Size4,397 SF
Lot Size0.21 Acres
Days on Market38
Property Features for 8200 Laborough Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
9
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 9, Bedroom 2
Directions
From Gosford Rd. take Laborough.
Subdivision
Out of Area
Standard status
Pending
APN
39236112005
Size
4,397 SF
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1993
Floors in Building
2
Number of units
4
Roof type
Composition, Shingle
Listing Agency:
Century 21 Select Real Estate · Century 21 Real Estate
(559) 733-9696
Listed By:
Luis Daniel Mota
(559) 697-4280
Added: Aug 11
Changed: Sep 13
Last Checked: Sep 17 at 5:06AM
MLS# 243430
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit quadplex contains 4,397 square feet on a 0.21-acre lot. Three units are configured as two-story residences, and each unit has an attached two-car garage. The property was built in 1993 and includes central heating, central air conditioning, public water, and public sewer. The roof is identified as shingle and composition.
Located in southwest Bakersfield at 8200 Laborough Drive, the property is near a shopping center and public transportation. The unit layout includes nine bedrooms and five bathrooms in total, providing a defined residential income configuration for the asset.
Located in southwest Bakersfield at 8200 Laborough Drive, the property is near a shopping center and public transportation. The unit layout includes nine bedrooms and five bathrooms in total, providing a defined residential income configuration for the asset.
Key Highlights
- Four‑unit quadplex with 4,397 square feet
- 0.21‑acre lot in southwest Bakersfield
- Attached two‑car garage for all units
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
$41,252
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
4.98%
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%
$825,040
$825.0K
Cap Rate 7%
$589,314
$589.3K
Cap Rate 9%
$458,356
$458.4K
Market Conditions
NOI Build-Up for 4,397 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
$60.7K $13.80/SF
− Vacancy
−$1.7K −$0.40/SF
EGI
$58.9K $13.40/SF
− OpEx
−$17.7K −$4.02/SF
NOI
$41.3K $9.38/SF
Area
ZIP 93311
Vacancy
2.88%
Lease Rate
$13.80 /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%
$825,040
Cap Rate 7%
$589,314
Cap Rate 9%
$458,356
Alternative Uses
Best Use
Multifamily LT 5
$589.3K
$515.7K – $687.5K
NOI $41,252 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$542.7K
$474.9K – $633.2K
NOI $37,990 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.08M
$943.8K – $1.26M
NOI $75,507 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 93311, CA
52,466
Population
17,797
Households
2.9
Avg Household Size
35
Median Age
39%
College-Educated
92%
High-School Grad
212.9 sq mi
ZIP Area
246
Density / Sq Mi
$117,591
Median Household Income
$57,119
Median Earnings
$1,884
Median Rent
$425,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes an attached garage, with three units arranged across two stories.
Where is this quadplex located?
The property is located at 8200 Laborough Drive Bakersfield, CA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,397 square feet; 0.21‑acre lot in southwest Bakersfield; Attached two‑car garage for all units
