Realmo Analytics

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Financial
Distress signals
Property profile

1905 California Ave Bakersfield, CA 93304

FOR SALE
Apartment buildings
Property ID
US09-0601565
16,668 SF 0.44 ac lot Built 1964
Last sale Aug 2021 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$2.14M
Assessed land$138k
Assessed improvement$2.00M
Effective rate1.53%

Value estimate

· Oct 2026
$2.22M
$1.99M – $2.44M
AI approach$2.30M
CAP approach$3.09M
Submarket $/SF estimate$3.04M
NOI build-up
Gross scheduled income$388k
Vacancy & credit loss−$23k
Operating expenses−$164k
NOI · 7.81% cap applied$201k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$103 – $183

Cap rate analysis

How does the asset earn?
7.81%
$201k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-3/R-4
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.4
Watch Repair Shop8.8
Veterinary Clinic8.5

Location

1905 California Ave Bakersfield, CA 93304
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4141 Teal, Bakersfield, CA 93304-6474 $2,100,000 Jul 2023 13,777 SF
1809 Lacey, Bakersfield, CA 93304-5902 $2,500,000 Jul 2023 15,648 SF
2905 Belle, Bakersfield, CA 93304-4141 $850,000 Jun 2023 8,850 SF
132 L, Bakersfield, CA 93304-3168 $2,675,000 Jan 2022 20,160 SF
1726 Blanche, Bakersfield, CA 93304 $214,000 Nov 2021 23,892 SF
3143 H, Bakersfield, CA 93304-5695 $2,250,000 Mar 2021 20,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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