Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2105 Manning St Bakersfield, CA 93309-4378

    • Residential income homes
    • 1,443 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    6.4%
    Residential income homes
    Location Intelligence
    Property ID
    US09-0192978
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 2105 Manning St

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    1,443 SF
    Zone code
    R-2
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    380-021-03-00-3
    APU
    38002103003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $290,000
      6.5%
      $265,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $223,000
      Market price range: $157k - $253k
      AI Estimate
      $212,000
      Market price range: $71.2k - $304k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $205,000
      Current use
      MEDICAL BUILDING
      $330,000
      Change: +62% Conversion: Moderate
      OFFICE BUILDING
      $320,000
      Change: +57% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $230,000
      Change: +13% Conversion: Difficult
      RETAIL STORES
      $205,000
      Change: +1% Conversion: Difficult
      WAREHOUSE, STORAGE
      $185,000
      Change: -8% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $175,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.08
    Latitude
    35.3354
    CBSA code
    12540
    CBSA name
    BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,494
    $27,833
    $139,198
    $167,031
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $255,000
      1,282 SF

      3812 Cypress Gln Blvd

      BOARDING/ROOMING HOUSE • 1,282 SF
      3812 Cypress Gln Blvd, Bakersfield, CA 93309-6412
      View Details
    • Value Estimation
      $235,000
      1,040 SF

      3316 Laverne Ave, Unit B

      BOARDING/ROOMING HOUSE • 1,040 SF
      3316 Laverne Ave, Bakersfield, CA 93309-4122
      View Details
    • Value Estimation
      $235,000
      1,040 SF

      Bakersfield, CA 93309

      BOARDING/ROOMING HOUSE • 1,040 SF
      Bakersfield, CA 93309
      View Details
    • Value Estimation
      $250,000
      1,270 SF

      6317 Wilson Rd

      BOARDING/ROOMING HOUSE • 1,270 SF
      6317 Wilson Rd, Bakersfield, CA 93309-8725
      View Details
    • Value Estimation
      $235,000
      1,041 SF

      3308 Park Bnd Ct

      BOARDING/ROOMING HOUSE • 1,041 SF
      3308 Park Bnd Ct, Bakersfield, CA 93309-5697
      View Details
    • Value Estimation
      $250,000
      1,279 SF

      3305 Park Bnd Ct

      BOARDING/ROOMING HOUSE • 1,279 SF
      3305 Park Bnd Ct, Bakersfield, CA 93309-8759
      View Details

    Similar Nearby for Sale

    • $99,990

      Stockdale Villas Mobile Home

      Mobile home in Stockdale Villas community with amenities.
      3535 Stine Rd, Bakersfield, CA 93309
      View Details
    • New
      $835,500
      4,505 SF

      Bakersfield Multifamily Investment Opportunity

      Four-unit property with remodeled units and value-add potential.
      2501 Westholme Blvd, Bakersfield, CA 93309
      View Details
    • $215,000
      966 SF

      Move-In Ready Renovated Condo

      Updated condo with attached garage, private patio, and community pool.
      4801 Belle Ter, Bakersfield, CA 93309
      View Details
    • Contact for pricing
      0.45 Acres

      Bakersfield Commercial Land Opportunity

      Prime R-1 Zoned Land, High Visibility
      0 White Ln & Akers Rd, Bakersfield, CA 93309
      View Details
    • $791,000
      1 SF

      Retail Pad Near Freeway Ramp

      1.01 AC retail pad for sale or ground lease.
      2700 White Ln, Bakersfield, CA 93309
      View Details
    • $8,000,000
      30,388 SF

      Bakersfield Retail Center - Prime Location

      Vacant 30,388 SF Shopping Center
      5000 Stockdale Hwy, Bakersfield, CA 93309
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      39,726 SF

      Bakersfield Office Space for Lease

      13,100 SF Office, Southwest Bakersfield
      5101 Office Park Dr, Bakersfield, CA 93309
      View Details
    • $21 SF/Yr
      27,223 SF

      Class A Bakersfield Office Space

      Prime Bakersfield office, multiple suites available.
      5001 Commercenter Dr, Bakersfield, CA 93309
      View Details
    • Contact for pricing
      5,000 SF

      Bakersfield Retail Space Available

      Prime Bakersfield retail space, 1,200-5,000 sq ft.
      6705 White Ln, Bakersfield, CA 93309
      View Details
    • $4 SF/Yr
      19,871 SF

      HQ Truxtun Place: Bakersfield Office Space

      Prime Bakersfield Office Suites: Flexible Options Available
      5701 Truxtun Ave, Bakersfield, CA 93309
      View Details
    • $19 SF/Yr
      26,757 SF

      Prime Office Space, California Ave

      Exceptional office suites, ideal location.
      5055 California Ave, Bakersfield, CA 93309
      View Details
    • Contact for pricing
      7,600 SF

      Restaurant Space Coming Soon

      7,600 SF restaurant space available for rent.
      4647 White Ln, Bakersfield, CA 93309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2105 Manning St
    Bakersfield, CA 93309-4378
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.