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Property profile & analytics
OFF-MARKET
Investment properties
207 Washington Ave Bakersfield, CA 93308-3421
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-1173865
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Construction
WOOD
Total area
2,122 SF
Lot
0.13 ac (5,662 SF)
Zoning code
R2
APN
113-252-11-00-2
UPID
US09-1173865
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
-
WORLD WIDE MARKET Grocery & Convenience Store Food Market
-
RA market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Adel Khalid · 2 yrs held
Adel Khalid
since 2024
Last sale
$185,000
7 recorded transactions
Zoning & alternative use
R2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,288
Tax year 2023
Assessed value
$79,644
Assessed 2023
Previous assessed
$79,644
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$17,066
Assessed improvement
$62,578
Applied tax rate
121.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,122 SF
Lot
0.13 ac (5,662 SF)
Zoning code
R2
APN
113-252-11-00-2
UPID
US09-1173865
Jurisdiction
KERN
Zoning & alternative use
R2 · Bakersfield, CA
Zoning R2 · permitted uses
R2 · 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.
Building & site characteristics
From public records
Year built
1931
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Adel Khalid
Individual
Free & Clear · 2 yrs held
Mailing address
8505 BRISSAC CT, BAKERSFIELD, CA 93311-1510
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
$185,000
Adel Khalid
Sharaf Ali Sabia
Grant Deed
—
Dec 24, 2015
$70,000
Sabia S Ali
Yi Me Y Trust
Grant Deed
$70,000 · Arrendondo Venture LLC
Dec 24, 2015
—
Sabia S Ali
Alqasemi,basel
Quit Claim Deed
related
—
Oct 9, 2008
—
Me Y Yi
Yi,won J
Affidavit Of Death
—
Jan 3, 2008
—
Won J Yi
Yi,won J
Quit Claim Deed
related
—
Nov 10, 1995
—
Won J Yi
Yi,pok S
Quit Claim Deed
related
—
Apr 20, 1995
—
Pok S Yi
Yi,won J
Quit Claim Deed
related
—
Oct 30, 1991
$57,000
Won J Yi
Jung,chul J
Grant Deed
related
$7,420 · Seller
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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