| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Best |
| Demographics | 49th | Good |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 N El Rio Dr, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1984 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 N El Rio Dr, Bakersfield CA Multifamily Investment
Neighborhood fundamentals point to durable renter demand and high occupancy, according to WDSuite’s CRE market data. This inner-suburb location offers depth in renter-occupied units and competitive positioning within Bakersfield, supporting a steady leasing profile based on commercial real estate analysis.
The property sits in an Inner Suburb neighborhood rated A+ and ranked 9 out of 247 Bakersfield neighborhoods, placing it firmly above the metro median and competitive among Bakersfield locations. According to WDSuite’s CRE market data, neighborhood occupancy is elevated (ranked 33 of 247 in the metro and in the 94th percentile nationally), reinforcing expectations for stable tenancy at comparable assets. Note that these occupancy metrics describe the neighborhood, not this specific property.
Renter concentration is substantial at the neighborhood level, with 60.3% of housing units renter-occupied. For investors, that indicates a broad tenant base and supports lease-up and retention strategies, particularly for mid-size communities. Median contract rents and rent-to-income trends sit around the middle to upper tiers nationally, signaling manageable affordability that can help sustain lease terms without excessive turnover risk.
Local livability factors are mixed but generally supportive. Cafes and parks index high versus national peers (both around the mid-90s percentiles), enhancing day-to-day convenience and neighborhood appeal. By contrast, grocery and pharmacy counts are thin within the immediate neighborhood, suggesting residents may rely on nearby corridors for errands. Average school ratings trend slightly above national midpoints, which can aid long-term retention for family renters.
Within a 3-mile radius, demographics show a large and gradually expanding renter pool, with modest population growth recently and stronger growth projected over the next five years. Rising median incomes and forecast rent gains point to continued depth of demand; for multifamily investors, that combination underpins occupancy stability while offering room for disciplined revenue management. These demographic statistics are aggregated within a 3-mile radius.
Safety indicators are mixed relative to Bakersfield and the nation. The neighborhood’s overall crime rank sits at 169 out of 247 within the metro, which is below the metro median. Nationally, the safety profile aligns closer to the lower third (around the 32nd percentile). Property offenses track near national midpoints, while violent offense levels align around national averages but have shown recent volatility. Investors should treat this as a neighborhood-level read rather than a block-level assessment and consider standard security, lighting, and site-management measures as part of underwriting.
This 55-unit asset benefits from a neighborhood with strong occupancy and a sizable renter base, which supports stable cash flow expectations. According to CRE market data from WDSuite, the area ranks competitively within Bakersfield for occupancy and sits in the upper national percentiles, suggesting depth of demand for comparable multifamily product. Neighborhood rent-to-income levels indicate manageable affordability, which can support retention while allowing disciplined rent growth.
Livability signals—strong access to parks and cafes—and 3-mile demographic trends that point to population and income growth strengthen the long-term tenant pipeline. Balanced against these positives are convenience gaps in immediate grocery/pharmacy access and a safety profile that trails national averages, both of which can be mitigated through operations and targeted property enhancements.
- High neighborhood occupancy and substantial renter-occupied share support leasing stability
- Manageable rent-to-income levels provide room for disciplined revenue management
- 3-mile demographics indicate a growing tenant base and rising incomes
- Park and cafe access enhance resident appeal and retention potential
- Risks: thinner immediate grocery/pharmacy options and below-average safety require active management