Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Apartment buildings
133 Chester Ave D Bakersfield, CA 93301-5448
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2660605
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
3,322 SF
Lot
0.23 ac (10,018 SF)
Zoning code
C-2
APN
010-300-08-00-4
UPID
US10-2660605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$695k
Owner & transaction history
Rental Housing Investment LLC · 3 yrs held
Rental Housing Investment LLC
since 2022
7 recorded transactions
Zoning & alternative use
C-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+98.6%
Auto repair, garage
$1.1M
+89.0%
Medical building
$770,000
+33.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bakersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bakersfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,145,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,090,000
Change: +89% · Conversion: Difficult
MEDICAL BUILDING
$770,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$660,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$535,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$465,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$209 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,268
Tax year 2023
Assessed value
$624,240
Assessed 2023
Previous assessed
$624,240
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$81,600
Assessed improvement
$542,640
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
GAS
Cooling
EVAPORATIVE
Stories
2
Units
7
Total area
3,322 SF
Lot
0.23 ac (10,018 SF)
Zoning code
C-2
APN
010-300-08-00-4
UPID
US10-2660605
Jurisdiction
KERN
Zoning & alternative use
C-2 · Bakersfield, CA
Zoning C-2 · permitted uses
C-2 · Bakersfield, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bakersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$770,000
OFFICE BUILDING
Est. value
$660,000
RETAIL STORES
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$465,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Units
7
Lot
0.23 ac
Current owner
From public records · entity-resolved
Rental Housing Investment LLC
Entity
Mailing address
193 LANTZ DR, MORGAN HILL, CA 95037-9346
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
—
Rental Housing Investment LLC
John Adams
Grant Deed
—
Jun 7, 2022
$96,500
Luis Jaramillo Garduno Rey
John Adams
Grant Deed
—
Apr 4, 2022
$615,000
John Adams
Hamid Siddiqi
Grant Deed
$430,500 · Conventus LLC
Apr 4, 2022
—
John Adams
Stacy Uranday Adams
Intrafamily Transfer
related
—
Apr 22, 2016
$310,000
Hamid Siddiqi
Kern County Real Estate INC
Grant Deed
$248,000 · Us Bank NA
Aug 7, 2015
$200,000
Kern County Real Estate INC
Garcia,mauricio D
Grant Deed
related
$185,000 · Sky Lending LLC
Oct 7, 2005
—
Mauricio D Garcia
Garcia,mauricio D
Quit Claim Deed
related
$275,000 · Daniel C Smart
Mar 26, 2004
$275,000
Mauricio D Garcia
Tejeda,francisco
Grant Deed
$206,250 · Francisco Tejeda
—
—
Mauricio D Garcia
—
Deed Of Trust
related
$360,000 · East West Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 133 Chester Ave, Unit D?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
