Property profile

1611 Height St Bakersfield, CA 93305

OFF-MARKET
Assisted living facilities
Property ID
US09-3357146
24,880 SF 2.46 ac lot Built 1970
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Construction WOOD
Total area 24,880 SF
Lot 2.46 ac (107,157 SF)
Zoning code C-2
APN 126-125-03-00-6
UPID US09-3357146

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home

Location

1611 Height St Bakersfield, CA 93305-2840
Bakersfield metro Census 1402 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.55M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2004
4 recorded transactions
2004
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Bakersfield, CA
Zoning description

The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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