Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Apartment buildings
4109 Teal St Bakersfield, CA 93304-6400
Entity Owned
7-yr Hold
Property ID
US09-0600479
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD
Total area
22,404 SF
Lot
1.47 ac (64,033 SF)
Zoning code
R-3
APN
405-122-10-00-9
UPID
US09-0600479
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
-
Teal Gardens Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.30M
Owner & transaction history
Adonis Ents LLC · 7 yrs held
Adonis Ents LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-3 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+18.6%
Retail stores
$3.3M
+8.0%
Industrial (general)
$3.0M
+0.4%
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)
$3,010,000
Current use
AUTO REPAIR, GARAGE
$3,570,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$3,250,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,020,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±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
$102 / 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
$28,679
Tax year 2023
Assessed value
$1,760,767
Assessed 2023
Previous assessed
$1,760,767
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$317,155
Assessed improvement
$1,443,612
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
1984
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
24
Total area
22,404 SF
Lot
1.47 ac (64,033 SF)
Zoning code
R-3
APN
405-122-10-00-9
UPID
US09-0600479
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
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1984
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
24
Lot
1.47 ac
Current owner
From public records · entity-resolved
Adonis Ents LLC
Entity
Mailing address
1746 S VICTORIA AVE #389, VENTURA, CA 93003-6183
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
—
Adonis Enterprises LLC
—
Deed
related
$1,250,000 · Mission Bank
Dec 3, 2018
—
Adonis Ents LLC
Saticoy Dev Co LLC
Grant Deed
related
—
Jul 31, 2017
$2,555,000
Saticoy Development Company LLC
4109 Teal Gardens LP
Grant Deed
$1,788,500 · Community West Bank NA
Jun 8, 2005
—
4109 Teal Gardens
Lievsay,donald G & Marjorie W
Quit Claim Deed
related
—
May 31, 2001
$1,555,000
Zaid Trust
—
Grant Deed
related
—
Oct 8, 1999
—
Carl K Zaid
Kaufman-zaid,lisa D
Quit Claim Deed
related
—
Oct 8, 1999
$282,500
Zaid Trust
Zaid Trust
Trustees Deed
related
$565,000 · Santa Barbara Bank & Trust
Apr 21, 1998
—
Zaid Trust
Zaid,david & Miriam
Quit Claim Deed
related
—
Sep 6, 1989
$955,000
Carl K Zaid
Elmer,f Karpe In
Grant Deed
$29,625 · Imperial Federal Savings Assn
—
—
Carl K Zaid
—
Deed Of Trust
related
$50,000 · Romanini John
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4109 Teal St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
