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Property profile & analytics
OFF-MARKET
Estimated value
$9,515,000
Apartment buildings
4021 Mccray St Bakersfield, CA 93308-1215
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-3655511
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1972
Construction
WOOD
Total area
114,093 SF
Lot
6.2 ac (270,072 SF)
Zoning code
R-3
APN
483-063-01-00-3
UPID
US09-3655511
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
-
Autumn Glen Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.89M
Blend (final)
Blend
$9.52M
Owner & transaction history
Bascom Bakersfield Portfolio L · 8 yrs held
Bascom Bakersfield Portfolio L
since 2017
5 recorded transactions
Zoning & alternative use
R-3 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$15.2M
+12.2%
Auto repair, garage
$14.8M
+8.9%
Retail stores
$14.2M
+4.6%
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)
$13,590,000
Current use
INDUSTRIAL (GENERAL)
$15,245,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,805,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$14,215,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$9.52M
Range $8.56M – $10.47M · ±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
$83 / 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
$118,906
Tax year 2023
Assessed value
$6,386,288
Assessed 2023
Previous assessed
$6,386,288
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$322,623
Assessed improvement
$6,063,665
Applied tax rate
121.0000
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
1972
Construction
WOOD
Heating
YES
Cooling
YES
Units
120
Total area
114,093 SF
Lot
6.2 ac (270,072 SF)
Zoning code
R-3
APN
483-063-01-00-3
UPID
US09-3655511
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
$13.6M
INDUSTRIAL (GENERAL)
Est. value
$15.2M
AUTO REPAIR, GARAGE
Est. value
$14.8M
RETAIL STORES
Est. value
$14.2M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Units
120
Lot
6.2 ac
Current owner
From public records · entity-resolved
Bascom Bakersfield Portfolio L
Individual
Mailing address
101 MONTGOMERY ST STE #1225, SAN FRANCISCO, CA 94104-4182
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2017
—
Bascom Bakersfield Portfolio L
Bascom Bakersfield Apts LLC
Quit Claim Deed
—
Jul 31, 2017
$12,975,000
Autumn Glen Apartments LLC
Bascom Bakersfield Portfolio LLC
Grant Deed
$8,515,000 · Jpmorgan Chase Bank NA
Jul 5, 2017
—
Mccray Street Apartments LLC
—
Grant Deed
related
$7,575,000 · Sunwest Bk
Jun 30, 2004
—
Mccray Street Apartments LLC
Mar LLC
Grant Deed
$24,960,000 · Wells Fargo Bank
—
—
4021 Mccray Street Apts LLC
—
Deed Of Trust
related
$14,500,000 · Jefferies Loancore LLC
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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