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Property profile & analytics
OFF-MARKET
Estimated value
$5,710,000
Apartment buildings
331 Pacheco Rd Bakersfield, CA 93307-5065
Entity Owned
Property ID
US09-0181676
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2007
Construction
WOOD
Total area
36,160 SF
Lot
1.84 ac (80,150 SF)
Zoning code
R-2
APN
412-010-34-00-5
UPID
US09-0181676
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
-
Pacheco Townhomes Apartment Building
-
M S Walker & Associates Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.37M
Comparable Approach
Comparable
$6.16M
Blend (final)
Blend
$5.71M
Owner & transaction history
Rc Kern County Holdings LLC
Rc Kern County Holdings LLC
since 2026
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
R-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.3M
+25.3%
Office building
$7.6M
+15.7%
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%
$6,895,000
6.5%
$6,365,000
7%
$5,910,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,600,000
Current use
MEDICAL BUILDING
$8,270,000
Change: +25% · Conversion: Moderate
OFFICE BUILDING
$7,635,000
Change: +16% · Conversion: Moderate
WAREHOUSE, STORAGE
$6,240,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$5.71M
Range $5.14M – $6.28M · ±10% · vs last sale $5.10M (Jan 2 2026)
Last sale anchor
$5.10M
Jan 2 2026
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
$158 / 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
$54,781
Tax year 2023
Assessed value
$3,579,223
Assessed 2023
Previous assessed
$3,579,223
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$348,464
Assessed improvement
$3,230,759
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
32
Total area
36,160 SF
Lot
1.84 ac (80,150 SF)
Zoning code
R-2
APN
412-010-34-00-5
UPID
US09-0181676
Jurisdiction
KERN
Zoning & alternative use
R-2 · Bakersfield, CA
Zoning R-2 · permitted uses
R-2 · 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
$6.6M
MEDICAL BUILDING
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.6M
WAREHOUSE, STORAGE
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
32
Lot
1.84 ac
Current owner
From public records · entity-resolved
Rc Kern County Holdings LLC
Entity
Mailing address
331 PACHECO RD, BAKERSFIELD, CA 93307-5065
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$5,100,000
Rc Kern County Holdings LLC
Banma LLC
Grant Deed
$3,825,000 · Socotra Reit I LLC
Mar 29, 2019
$975,000
Banma LLC
Pacheco Townhomes LLC
Grant Deed
$2,400,000 · Us Bk NA Series 2017-sb30 (ce)
Jan 23, 2017
—
Pacheco Townhomes LLC
Orourke & Sullivan LLC
Grant Deed
—
Sep 24, 2012
$1,650,000
Orourke & Sullivan LLC
Bank Of The Sierra
Grant Deed
$1,450,000 · Sullivan Mary M Trust (pt)
Aug 20, 2012
$1,599,578
Bank Of Sierra
Wt Capital Lender Services
Trustees Deed
related
—
Dec 13, 2006
—
Bwg Properties LLC
—
Trustees Deed
related
$622,000 · Bank Of The Sierra
Jun 10, 2005
—
Bwg Properties LLC
Burnett,h S
Grant Deed
$2,800,000 · Bank Of The Sierra
Aug 12, 2003
$150,000
H S Burnett
Jaco-hill
Grant Deed
$120,000 · Bank Of The Sierra
Oct 7, 1992
$135,000
Jaco Hill Co
Jamieson,tom
Grant Deed
—
—
—
Orourke & Sullivan LLC
—
Deed Of Trust
related
$1,550,000 · Sunset Life Ins Co Of America
—
—
Bwg Properties LLC
—
Deed Of Trust
related
$2,450,500 · Bank Of The Sierra
—
—
Bwg Properties LLC
—
Deed Of Trust
related
$565,500 · Bank Of The Sierra
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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