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Property profile & analytics
OFF-MARKET
Warehouses
400 California Ave Bakersfield, CA 93304-1608
Trust Owned
~
Est. High Equity
Property ID
US10-1945346
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Construction
WOOD
Total area
11,536 SF
Lot
0.66 ac (28,749 SF)
Zoning code
M1
APN
006-540-11-00-1
UPID
US10-1945346
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
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
The Rashik Family Trust
The Rashik Family Trust
since 2026
7 recorded transactions
Zoning & alternative use
M1 · 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
$4,971
Tax year 2023
Assessed value
$401,648
Assessed 2023
Previous assessed
$401,648
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$79,645
Assessed improvement
$322,003
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
11,536 SF
Lot
0.66 ac (28,749 SF)
Zoning code
M1
APN
006-540-11-00-1
UPID
US10-1945346
Jurisdiction
KERN
Zoning & alternative use
M1 · Bakersfield, CA
Zoning M1 · permitted uses
M1 · 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
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
The Rashik Family Trust
Trust
Mailing address
PO BOX 71101, BAKERSFIELD, CA 93387-1101
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
The Rashik Family Trust
Hussain Rashik
Deed
related
—
Oct 8, 2015
—
Hussain Rashik
Katabjiwala,jamila
Quit Claim Deed
related
—
Oct 8, 2015
$353,000
Hussain Rashik
400 California Avenue LLC
Grant Deed
$300,000 · Private Individual
Jun 10, 2015
—
Mulock Living Trust
400 California Avenue LLC
Quit Claim Deed
related
—
Feb 24, 2012
$308,000
400 California Avenue LLC
Walrond,henry
Grant Deed
—
Aug 5, 2011
—
Frank A Hoover
Schmitz,evelyn F
Quit Claim Deed
related
—
Jun 16, 2010
—
Henry Walrond
Aezah,david A
Deed In Lieu Of Foreclosure
—
Sep 22, 2008
—
David A Aezah
—
Deed Of Trust
related
$225,000 · Mulock Trust
Feb 28, 2008
—
David Aezah
Aezah,rizka M
Quit Claim Deed
related
—
Feb 28, 2008
$250,000
David A Aezah
Mulock Living Trust
Grant Deed
$225,000 · Mulock Living Trust
Oct 2, 2002
—
Mulock,tr
Mulock,ellery J
Quit Claim Deed
related
—
Sep 19, 2002
—
Ellery J Mulock
Mulock,tr
Quit Claim Deed
related
—
Jul 3, 2002
—
Mulock Trust
Mulock Trust
Quit Claim Deed
related
—
Nov 2, 1999
—
Mulock Trust
Mulock,florence M
Quit Claim Deed
related
—
Oct 22, 1999
—
Florence M Mulock
Mulock Trust
Quit Claim Deed
related
—
—
—
David A Aezah
—
Deed Of Trust
related
$341,000 · Elmer F Karpe INC
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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