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Property profile & analytics
OFF-MARKET
Estimated value
$5,115,000
Apartment buildings
4425 Belle Ter Bakersfield, CA 93309-3980
Individually Owned
3-yr Hold
Property ID
US09-1159071
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
34,056 SF
Lot
2.68 ac (116,740 SF)
Zoning code
R2
APN
164-380-03-00-5
UPID
US09-1159071
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
-
Sierra Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.31M
Comparable Approach
Comparable
$4.64M
Blend (final)
Blend
$5.12M
Owner & transaction history
Jeffrey Scranton · 3 yrs held
Jeffrey Scranton
since 2022
5 recorded transactions
Zoning & alternative use
R2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.8M
+62.1%
Office building
$7.5M
+57.1%
Auto repair, garage
$5.4M
+12.9%
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%
$6,830,000
6.5%
$6,305,000
7%
$5,855,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,805,000
Current use
MEDICAL BUILDING
$7,785,000
Change: +62% · Conversion: Moderate
OFFICE BUILDING
$7,545,000
Change: +57% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,425,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$4,840,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,590,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$5.12M
Range $4.60M – $5.63M · ±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
$150 / 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
$60,754
Tax year 2023
Assessed value
$3,470,020
Assessed 2023
Previous assessed
$3,470,020
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$497,883
Assessed improvement
$2,972,137
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
YES
Cooling
YES
Units
64
Total area
34,056 SF
Lot
2.68 ac (116,740 SF)
Zoning code
R2
APN
164-380-03-00-5
UPID
US09-1159071
Jurisdiction
KERN
Zoning & alternative use
R2 · Bakersfield, CA
Zoning R2 · permitted uses
R2 · 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
$4.8M
MEDICAL BUILDING
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$5.4M
RETAIL STORES
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
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
1978
Construction
WOOD
Heating
YES
Cooling
Yes
Units
64
Lot
2.68 ac
Current owner
From public records · entity-resolved
Jeffrey Scranton
Individual
Mailing address
1401 19TH ST STE #400, BAKERSFIELD, CA 93301-4400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Sep 6, 2022
—
Jeffrey Scranton
James R Pilch
Re-recorded Document
related
$2,500,000 · Us Bank NA
Jan 4, 2021
—
Terrace East Apartments LLC
Scranton 2003 Living Trust
Quit Claim Deed
—
Mar 17, 2020
—
Scranton 2003 Living Trust
Scranton D & M 1979 L Trust
Quit Claim Deed
related
—
Feb 26, 2020
—
Scranton,d J 1979 Living Trust
Marilyn J Scranton
Affidavit Of Death
related
—
Jun 16, 2010
—
Scranton D J & M J 1979 Trust
Nopromo
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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