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Property profile & analytics
OFF-MARKET
Estimated value
$5,605,000
Apartment buildings
3800 Q St Bakersfield, CA 93301-1437
Entity Owned
11-yr Hold
Property ID
US09-0200402
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
36,827 SF
Lot
2.18 ac (94,960 SF)
APN
120-250-12-00-3
UPID
US09-0200402
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
-
Santa Clarita Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.82M
Comparable Approach
Comparable
$5.70M
Blend (final)
Blend
$5.61M
Owner & transaction history
Bak Santa Clarita Apartments LP · 11 yrs held
Bak Santa Clarita Apartments LP
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.5M
+33.2%
Office building
$7.3M
+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%
$7,385,000
6.5%
$6,820,000
7%
$6,330,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,395,000
Current use
MEDICAL BUILDING
$8,520,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$7,305,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$5,960,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,180,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$5.61M
Range $5.04M – $6.17M · ±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
$152 / 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
$66,087
Tax year 2023
Assessed value
$3,712,148
Assessed 2023
Previous assessed
$3,712,148
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$138,619
Assessed improvement
$3,573,529
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
1978
Construction
WOOD
Heating
GAS
Cooling
OTHER
Stories
2
Units
72
Total area
36,827 SF
Lot
2.18 ac (94,960 SF)
APN
120-250-12-00-3
UPID
US09-0200402
Jurisdiction
KERN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$8.5M
OFFICE BUILDING
Est. value
$7.3M
RETAIL STORES
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.2M
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
1978
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Units
72
Lot
2.18 ac
Current owner
From public records · entity-resolved
Bak Santa Clarita Apartments LP
Entity
Mailing address
6485 N PALM AVE STE #101, FRESNO, CA 93704-1072
Ownership since
2014
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
Jan 10, 2018
—
Bak Santa Clarita Apartments LP
—
Deed
related
$2,266,000 · Red Mortgage Capital INC
Oct 30, 2014
$3,207,500
Bak Santa Clarita Apartments LP
Santa Clarita Apartments LP
Grant Deed
$2,080,000 · Banc Of California NA
Jun 16, 2004
—
Santa Clarita Apartments LP
Pacifica Realty X111 LP
Grant Deed
$1,400,000 · Wachovia Bank NA
May 20, 2002
$1,950,000
Pacifica Realty Xiii LP
North Point Investors
Grant Deed
—
Dec 1, 1977
$55,000
—
—
Grant Deed
related
—
—
—
Santa Clarita Apartments LP
—
Deed Of Trust
related
$1,225,000 · Little Thunder LP
—
—
Point Inv North
—
Deed Of Trust
related
$1,400,000 · Home Savings Of America
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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