Technical
Financial
Distress signals
Property profile

5300 Fairfax Rd Bakersfield, CA 93306

OFF-MARKET
Apartment buildings
Property ID
US09-2486241
64,068 SF 3.76 ac lot Built 1980
Entity Owned 10-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction WOOD
Total area 64,068 SF
Lot 3.76 ac (163,785 SF)
Zoning code R-2
APN 438-030-05-00-5
UPID US09-2486241

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5300 Fairfax Rd Bakersfield, CA 93306-2832
Bakersfield metro Census 908 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.83M
Blend (final) Blend
$580k

Owner & transaction history

since 2015
7 recorded transactions
2020
Price N/A
2015
$5.2M
2007
Price N/A
2004
Price N/A
2004
$2.3M
2004
Price N/A
1994
Price N/A

Zoning & alternative use

R-2 · Bakersfield, CA
Zoning description

R-2 (Small Lot Single-Unit Dwelling) Zone. The purpose of the R-2 zone is to provide land areas for the use and occupancy of single-unit dwellings with or without accessory dwelling units and duplex, triplex, and quadple…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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