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Property profile & analytics
OFF-MARKET
Investment properties
705 Irene St Bakersfield, CA 93305-3033
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-5164423
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
WOOD
Total area
1,928 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-2
APN
125-211-03-00-7
UPID
US09-5164423
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Heartland Rc Corp · 8 yrs held
Heartland Rc Corp
since 2017
7 recorded transactions
Zoning & alternative use
R-2 · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,688
Tax year 2024
Assessed value
$89,238
Assessed 2024
Previous assessed
$89,238
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$50,197
Assessed improvement
$39,041
Applied tax rate
56.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
NONE
Total area
1,928 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-2
APN
125-211-03-00-7
UPID
US09-5164423
Jurisdiction
KERN
Zoning & alternative use
R-2 · Bakersfield, CA
Zoning R-2 · permitted uses
R-2 · 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.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Lot
0.29 ac
Current owner
From public records · entity-resolved
Heartland Rc Corp
Entity
Free & Clear · 8 yrs held
Mailing address
400 CHESTER AVE, BAKERSFIELD, CA 93301-5416
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2017
—
Heartland Rc Corp
Escobar,ruth
Quit Claim Deed
—
Jun 19, 2017
$80,000
Ruth Escobar
Malmquist,maria T
Grant Deed
—
Oct 19, 2007
$70,000
Robert L Malmquist
Bella Vista R/e Holdings
Grant Deed
$70,000 · M Frank Stclair Mgmt Co Ps Tr
Sep 11, 2007
$29,405
Bella Vista R/e Holdings Lcc
Chicago Title
Trustees Deed
related
—
Dec 2, 1998
$17,000
Janet Ariza
Navarro,rafael C & Rosaura
Grant Deed
related
—
Jan 17, 1996
—
Marie Contreras
Contreras,sergio
Quit Claim Deed
related
—
Jan 17, 1996
$8,500
Navarro,rafael C & Rosaura
Contreras,marie
Trustees Deed
related
$5,700 · Seller
May 20, 1994
$27,500
Marie Contreras
Valdez,robert
Grant Deed
related
—
Dec 22, 1993
$80,000
Jrobert Valdez
Beard Trust
Grant Deed
$76,000 · Seller
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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