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2700 White Ln 🏷️ Likely Rental
B+ Composite 76.1
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +3.4/10.0
  • Livability +2.9/5.0
  • Condition / age +2.8/5.0
  • Rent growth +2.1/5.0
  • Appreciation +0.0/10.0

$8,400,000

2700 White Ln · Bakersfield, CA 93304
None bd · 22201.0 ba · 59,600 sqft · MultiFamily · 118 Days on market
Built 1965 Average condition 2.72 ac lot $141/sqft · 35% below area Est $13000k · 35% under ↓ 16% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 149 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand. The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast. The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property. The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.

Key facts

  • Ada parking stalls
  • 2.72 acre lot
  • 150 parking spots

Tags

KIDNEY-SHAPED SWIMMING POOLLARGE SURFACE PARKING LOTEXCEPTIONAL FREEWAY VISIBILITYDIRECT ACCESS FROM WHITE LANESTRONG RENTAL COMPARABLESADA PARKING STALLS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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🏷️ Possibly a rental listed for sale. The $8,400,000 price doesn't fit this home's estimated sale value (~$13,000,447) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 149 × 1-bed/1-bath units multifamily listed at $8.40M. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $66k ($797k/yr) — positive. Per door: $446/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($158k rent vs $8.40M).
  • Recommended offer: $7.64M (9.0% below list) — sets the bar for market timing.
  • Cap rate 15.8% vs local median 3.6% in Bakersfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 58/100 on livability (#716 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: health & safety D, schools D-, crime F.
  • Kern High (urban): math 21% / reading 51% proficiency, ranked #860 of 1,400 in CA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-1.7%/yr); 159 active listings in the ZIP; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • At $157,551/mo this rent would consume 3722% of the median local household income ($51k/yr) (locally 2587% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $58k of loan paydown is wiped out by about $252k of value loss. Plan a longer hold.
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $2.35M cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 118 days — a 9% lower offer ($7.64M) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask is 884111% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $7,644,000 (9.0% below list)

Questions for the listing agent

  1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.88%
Cap rate
15.78%
Cash-on-cash
33.89%
DSCR
2.51
GRM
4.4

CMA / ARV

ARV (median comp)
$13,000,447
List price
$8,400,000
Delta
-35.39%
Verdict
UNDERPRICED
Comps
2 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4215 Teal 0.33mi —/87.0 56,000 (-6%) 11mo $7,250,000 $129 45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
25.8%
Equity multiple
2.02×
Total profit
$2,409,489
Equity at exit
$1,252,467
10-year hold
IRR
31.6%
Equity multiple
3.45×
Total profit
$5,770,222
Equity at exit
$726,278

Cash invested: $2,352,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 93304

Rents YoY
-1.7%
Active inventory
159
Price-to-rent
662.0×

Monthly cashflow live

Estimated rent
$157,551 medium interval (Pro) →
Mortgage (P&I)
$44,051
Tax est. 1.5%
$10,500 /mo · $126,000/yr
Insurance
$3,500
HOA
$0
Vacancy / Maint / Mgmt
$33,086
Net cashflow
$66,415

Break-even live

Break-even rent $73,482
Max offer price $8,400,000
Occupancy floor 53%

149-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (149 units) $157,551

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$2,100,000
Closing costs
$252,000
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 23 events

  1. 2026-06-18
    days on market $8,400,000 Active 118 DOM
  2. 2026-06-17
    days on market $8,400,000 Active 117 DOM
  3. 2026-06-16
    days on market $8,400,000 Active 116 DOM
  4. 2026-06-15
    days on market $8,400,000 Active 115 DOM
  5. 2026-06-14
    days on market $8,400,000 Active 113 DOM
  6. 2026-06-13
    days on market $8,400,000 Active 112 DOM
  7. 2026-06-10
    days on market $8,400,000 Active 110 DOM
  8. 2026-06-09
    days on market $8,400,000 Active 109 DOM
  9. 2026-06-08
    days on market $8,400,000 Active 108 DOM
  10. 2026-06-07
    days on market $8,400,000 Active 107 DOM
  11. 2026-06-05
    days on market $8,400,000 Active 104 DOM
  12. 2026-06-03
    days on market $8,400,000 Active 103 DOM
  13. 2026-06-03
    days on market $8,400,000 Active 102 DOM
  14. 2026-06-01
    days on market $8,400,000 Active 101 DOM
  15. 2026-05-31
    days on market $8,400,000 Active 100 DOM
  16. 2026-05-19
    price $8,400,000 3628-char remark
    Show marketing remark (3628 chars)

    We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand. The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast. The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property. The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.

  17. 2026-05-14
    price $935
  18. 2026-05-06
    price $850
  19. 2026-04-10
    price $8,950,000 3628-char remark
    Show marketing remark (3628 chars)

    We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand. The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast. The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property. The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.

  20. 2026-02-09
    listed $950
  21. 2026-02-04
    listed $9,950,000 Active 3628-char remark
    Show marketing remark (3628 chars)

    We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand. The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast. The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property. The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.

  22. 2025-10-16
    historical $895
  23. 2025-10-07
    listed $895

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$1,890,612
− Mortgage interest
−$470,531
− Property taxes
−$126,000
− Insurance
−$42,000
− Repairs & maintenance
−$151,249
− Management
−$151,249
− Depreciation
−$244,364
Taxable income
$705,220
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$169,253
After-tax cash flow
$627,725/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Average 55/100 Moderate rehab

This 149-unit multi-family property requires moderate rehabilitation to improve its condition and increase its resale and rental value.

Repairs flagged

  • Major exterior paint — The exterior paint appears to be peeling and in need of repainting.
  • Major roof — The roof appears to be in need of repair or replacement.
  • Major flooring — The flooring appears to be in need of replacement or repair.
  • Major interior walls/paint — The interior walls and paint appear to be in need of repainting.
  • Major systems — The systems appear to be in need of repair or replacement.
  • Major landscaping — The landscaping appears to be in need of maintenance and improvement.

Value-add opportunities

  • Both exterior paint — Fresh paint can improve the curb appeal and overall appearance of the property.
  • Both roof repair/replacement — A new roof can improve the property's value and reduce maintenance costs.
  • Both flooring replacement — New flooring can improve the property's appearance and increase its rental value.
  • Both interior wall/paint repainting — Fresh paint can improve the property's appearance and increase its rental value.
  • Both system repair/replacement — Repairing or replacing systems can improve the property's functionality and increase its rental value.
  • Both landscaping maintenance/improvement — Maintaining and improving the landscaping can improve the property's curb appeal and increase its rental value.

Renovation cost estimate screening

Repair itemSeverityEst. cost
exterior paint · The exterior paint appears to be peeling and in need of repainting. Major $15,000–50,000
roof · The roof appears to be in need of repair or replacement. Major $15,000–50,000
flooring · The flooring appears to be in need of replacement or repair. Major $15,000–50,000
interior walls/paint · The interior walls and paint appear to be in need of repainting. Major $15,000–50,000
systems · The systems appear to be in need of repair or replacement. Major $15,000–50,000
landscaping · The landscaping appears to be in need of maintenance and improvement. Major $15,000–50,000
Total estimated repair cost · 6 items $90,000–300,000

Value-add ROI direction

  • Both exterior paint — Fresh paint can improve the curb appeal and overall appearance of the property.
  • Both roof repair/replacement — A new roof can improve the property's value and reduce maintenance costs.
  • Both flooring replacement — New flooring can improve the property's appearance and increase its rental value.
  • Both interior wall/paint repainting — Fresh paint can improve the property's appearance and increase its rental value.
  • Both system repair/replacement — Repairing or replacing systems can improve the property's functionality and increase its rental value.
  • Both landscaping maintenance/improvement — Maintaining and improving the landscaping can improve the property's curb appeal and increase its rental value.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Kern High
NCES district ID
0619540
Math proficiency
21% ▬ 0.00%
Reading proficiency
51% ▲ 2.00%
Median HH income
$49,686
Composite
33.68/100
National rank
#10443
State rank
#860 of 1400 in CA

Livability — Bakersfield

Score
58/100
State rank
#716
US rank
#21355

Category grades

Amenities F Commute F Cost of living F Crime F Employment C+ Housing A+ Health & safety D User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bakersfield, CA
County
Kern County · 710,371 people
City population
499,124
Metro
Bakersfield, CA
Population (ZIP)
51,037
Household income
$50,790
Rent vs Own
53.9% rent · 46.1% own
Severe rent burden
2587.0

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (71%)
Race & ethnicity
Hispanic / Latino 71% Two or more races 18% White 14% Black 9% Asian 3% Native American 2%
Hispanic origin (detail)
Mexican 65%
Foreign-born
22% · Canada, China
Languages at home
48% English-only · Spanish 49% Other Asian/Pacific 1% Tagalog/Filipino 1%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -314.78%
Current HPI
397.9557
Rent YoY
▼ -1.68%
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

-15.6% since first listed
8 events — show timeline
  • 2026-05-19 Price Changed $8,400,000 TheMLS
  • 2026-05-14 Price Changed $935 SHOWMOJO
  • 2026-05-06 Price Changed $850 SHOWMOJO
  • 2026-04-10 Price Changed $8,950,000 TheMLS
  • 2026-02-09 Listed for Rent $950 SHOWMOJO
  • 2026-02-04 Listed $9,950,000 TheMLS
  • 2025-10-16 Rental Removed $895 SHOWMOJO
  • 2025-10-07 Listed for Rent $895 SHOWMOJO

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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