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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Apartment buildings
530 Oregon St Bakersfield, CA 93305-3676
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-5402752
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
13,600 SF
Lot
0.68 ac (29,620 SF)
Zoning code
R3
APN
013-290-03-00-8
UPID
US09-5402752
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
$1.72M
Blend (final)
Blend
$1.44M
Owner & transaction history
Hernandez Family Living Trust · 6 yrs held
Hernandez Family Living Trust
since 2019
7 recorded transactions
Zoning & alternative use
R3 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+48.2%
Warehouse, storage
$1.8M
+20.6%
Commercial (general)
$1.6M
+11.4%
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)
$1,460,000
Current use
AUTO REPAIR, GARAGE
$2,165,000
Change: +48% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,765,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,630,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$106 / 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
$20,767
Tax year 2023
Assessed value
$1,340,250
Assessed 2023
Previous assessed
$1,340,250
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$120,884
Assessed improvement
$1,219,366
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
1969
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
16
Total area
13,600 SF
Lot
0.68 ac (29,620 SF)
Zoning code
R3
APN
013-290-03-00-8
UPID
US09-5402752
Jurisdiction
KERN
Zoning & alternative use
R3 · Bakersfield, CA
Zoning R3 · permitted uses
R3 · 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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1969
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
16
Lot
0.68 ac
Current owner
From public records · entity-resolved
Hernandez Family Living Trust
Trust
Mailing address
4460 TEMESCAL AVE, NORCO, CA 92860-1433
Ownership since
2019
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
Jul 18, 2019
$1,280,000
Hernandez Family Living Trust
Crestpoint Investments LP
Grant Deed
—
Oct 6, 2017
—
Crestpoint Investments LP
—
Deed
related
$150,000 · Progressive Interest LLC
Dec 10, 2010
$300,000
Crestpoint Investments LP
Ali,abdul H
Grant Deed
$175,000 · Abdul H Ali
Mar 30, 2010
—
Abdul H Ali
Goldberg Properties INC
Grant Deed
—
Nov 6, 2009
$450,000
Goldberg Properties INC
United Coml Bk
Grant Deed
—
Aug 18, 2009
$940,861
United Coml Bk
Fidelity National Title Co
Trustees Deed
related
—
Jul 19, 2005
—
Juan Morales
Morales,gloria
Quit Claim Deed
related
—
Jul 19, 2005
$1,200,000
Juan Morales
Apodaca,jacinto G & Maria E
Grant Deed
$840,000 · United Commercial Bank
Jun 25, 2004
$925,000
Jacinto G Apodaca
Smith,barbara C
Grant Deed
$647,400 · United Commercial Bank
Feb 14, 2003
$640,000
Barbara C Smith
Ali,abdul W & Najwa A
Grant Deed
$262,000 · Washington Mutual Fsb
Feb 28, 2002
—
Cueto Trust
Cueto,michael T & Anne A
Quit Claim Deed
related
—
Feb 28, 2002
$400,000
Abdul W Ali
Cueto Trust
Grant Deed
$300,000 · Cueto Trust
Jul 28, 2000
—
Cueto Trust
Cueto Trust
Quit Claim Deed
related
—
May 31, 2000
$3,000
Cueto Trust
Cueto Trust
Grant Deed
related
—
Feb 2, 1996
—
Cueto Trust
Cueto,anthony & Rachel M
Quit Claim Deed
related
—
—
—
Goldberg Properties INC
—
Deed Of Trust
related
$54,000 · Falcon Mortgage
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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