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Property profile & analytics
OFF-MARKET
Estimated value
$12,390,000
Apartment buildings
2601 Columbus St Bakersfield, CA 93306-2605
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US10-3102088
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1966
Construction
WOOD
Total area
132,044 SF
Lot
9.07 ac (395,089 SF)
Zoning code
R-3
APN
129-010-21-00-2
UPID
US10-3102088
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
-
Villa La Jolla Apt Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.08M
Blend (final)
Blend
$12.39M
Owner & transaction history
Villa La Jolla Bakersfield LLC · 5 yrs held
Villa La Jolla Bakersfield LLC
since 2020
7 recorded transactions
Zoning & alternative use
R-3 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.9M
+4.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$19,065,000
Current use
RETAIL STORES
$19,850,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$17,805,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$12.39M
Range $11.15M – $13.63M · ±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
$94 / 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
$163,565
Tax year 2023
Assessed value
$9,035,642
Assessed 2023
Previous assessed
$9,035,642
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$488,907
Assessed improvement
$8,546,735
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 (100+ UNITS)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
GAS
Cooling
YES
Stories
1
Units
184
Total area
132,044 SF
Lot
9.07 ac (395,089 SF)
Zoning code
R-3
APN
129-010-21-00-2
UPID
US10-3102088
Jurisdiction
KERN
Zoning & alternative use
R-3 · Bakersfield, CA
Zoning R-3 · permitted uses
R-3 · 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
$19.1M
RETAIL STORES
Est. value
$19.9M
INDUSTRIAL (GENERAL)
Est. value
$17.8M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
INDUSTRIAL (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
1966
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
184
Lot
9.07 ac
Current owner
From public records · entity-resolved
Villa La Jolla Bakersfield LLC
Entity
Mailing address
6551 VAN NUYS BLVD, VAN NUYS, CA 91401-1566
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2025
—
Villa La Jolla Bakersfield LLC
—
Deed
related
$9,200,000 · Pacific Premier Bank
Sep 3, 2020
—
Villa La Jolla Bakersfield LLC
Villa La Jolla Bakersfield LLC
Quit Claim Deed
related
$6,500,000 · Cit Bk NA
Jun 29, 2009
—
Villa La Jolla Bakersfield LLC
Villa La Jolla LLC
Quit Claim Deed
—
Aug 20, 2004
—
Wa Villa La Jolla LLC
Aw Villa La Jolla LLC
Grant Deed
related
—
Aug 20, 2004
$9,500,000
Villa La Jolla LLC
Wa Villa La Jolla LLC
Grant Deed
related
$6,650,000 · Washington Mutual Fsb
Nov 30, 2001
—
Aw Villa La Jolla LLC
Walz Trust
Grant Deed
related
$4,720,000 · Ami Capital INC
Apr 28, 2000
—
Ayyad Trust
Web Service Co INC
Grant Deed
related
—
Apr 27, 2000
$3,250,000
Walz Trust
Pacifica Enterprises LLC
Grant Deed
$3,600,000 · First Fidelity Inv & Loan
Feb 18, 2000
$2,300,000
Pacifica Enterprises LLC
Thomas Pottmeyer Co
Grant Deed
—
Nov 9, 1995
—
Samson Lor
Lor,yuen M
Quit Claim Deed
$1,936,000 · Southern Pacific Thrift & Loan
Jan 31, 1994
—
Samson Lor
Lor,minnie
Quit Claim Deed
related
—
Jan 31, 1994
$425,454
Lor,samson
Thomas Pottmeyer
Trustees Deed
related
$359,516 · Seller
Sep 27, 1990
$3,000,000
Thomas Pottmeyer
Columbus,gardens
Trustees Deed
$1,625,000 · Ventura County National Bank
—
—
Walz Trust
—
Deed Of Trust
related
$800,000 · Individual
—
—
Thomas Pottmeyer
—
Deed Of Trust
related
—
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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