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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Apartment buildings
1906 18th St Bakersfield, CA 93301-4246
Entity Owned
~
Est. High Equity
Property ID
US10-3195240
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1912
Construction
WOOD
Total area
23,181 SF
Lot
0.33 ac (14,374 SF)
Zoning code
C1
APN
004-120-10-00-2
UPID
US10-3195240
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
Current use
Occupant on record · Public records
-
The New Yorker Vintage Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$3.59M
Owner & transaction history
Samm LLC
Samm LLC
since 2025
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C1 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.4M
+33.2%
Office building
$4.6M
+14.2%
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%
$4,650,000
6.5%
$4,290,000
7%
$3,985,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,025,000
Current use
MEDICAL BUILDING
$5,365,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$4,600,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$3,750,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,260,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±10% · vs last sale $3.70M (May 12 2025)
Last sale anchor
$3.70M
May 12 2025
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
$155 / 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
$26,114
Tax year 2023
Assessed value
$1,294,872
Assessed 2023
Previous assessed
$1,294,872
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$188,105
Assessed improvement
$1,106,767
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
1912
Construction
WOOD
Heating
YES
Cooling
EVAPORATIVE
Stories
3
Units
35
Total area
23,181 SF
Lot
0.33 ac (14,374 SF)
Zoning code
C1
APN
004-120-10-00-2
UPID
US10-3195240
Jurisdiction
KERN
Zoning & alternative use
C1 · Bakersfield, CA
Zoning C1 · permitted uses
C1 · 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
$4.0M
MEDICAL BUILDING
Est. value
$5.4M
OFFICE BUILDING
Est. value
$4.6M
RETAIL STORES
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1912
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
35
Lot
0.33 ac
Current owner
From public records · entity-resolved
Samm LLC
Entity
Mailing address
PO BOX 180960, CORONADO, CA 92178-0960
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2025
$3,700,000
Samm LLC
Nya Bakersfield LLC
Grant Deed
$2,590,000 · First Technology Federal Cu
Sep 28, 2017
$2,200,000
Nya Bakersfield LLC
Garl Klarke
Grant Deed
—
Jan 13, 2004
$1,950,000
Klarke Garl
Grapevine Investments INC
Grant Deed
$1,149,600 · United Commercial Bank
Jan 13, 2004
—
Grapevine Investments INC
Lindros Family Trust
Quit Claim Deed
related
—
Oct 1, 1999
$500,000
Grapevine Investments INC
Ramage Trust
Grant Deed
$500,000 · Mortgage Co Santa Barbara
—
—
Grapevine Investments INC
—
Deed Of Trust
related
$580,000 · Financial Inst Partners Mtg
—
—
Klarke Garl
—
Deed Of Trust
related
$1,625,000 · United Commercial 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.
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