Bakersfield, CA 93304
R-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessory dwelling units , two-unit dwellings, medium-density single-unit dwellings and medium-density multi-unit dwellings . It is the intent of this zone to provide a livable, walkable and sustainable residential environment simi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Bakersfield, CAR-3 (Medium Density Multi-Unit Dwelling) Zone. The purpose of the R-3 zone is to provide land areas for the use and occupancy of accessory dwelling units , two-unit dwellings, medium-density single-unit dwellings and medium-density multi-unit dwellings . It is the intent of this zone to provide a livable, walkable and sustainable residential environment similar to that found in small- lot single-unit neighborhoods at densities that promote medium-density duplexes, condominiums, townhomes and apartments. The residential density range for this zone is 13.1 to twenty dwelling units per net acre. 5.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.