| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 25th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1000 McDonald Way, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1977 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1000 McDonald Way Bakersfield Multifamily Investment
Neighborhood occupancy trends and a deep renter base point to durable leasing fundamentals, according to WDSuite’s CRE market data. Investor focus: stable renter demand supported by everyday amenities rather than cyclical drivers.
This Inner Suburb location in Bakersfield, California, scores a B+ among 247 metro neighborhoods, placing it above the metro median. Neighborhood occupancy is also above national norms, indicating steadier leasing performance through cycles at the neighborhood level rather than at the property itself.
Daily-needs accessibility is a clear strength: grocery and restaurant density ranks competitively among the 247 Bakersfield neighborhoods and sits in the top quartile nationally for both groceries and dining. Parks and pharmacies are similarly well-represented versus national benchmarks, supporting livability that can aid retention.
Renter-occupied housing accounts for a high share of neighborhood units (ranked near the top among 247 metro neighborhoods and in the upper national percentiles), signaling a deep tenant base for multifamily operators and consistent demand for smaller formats. Median contract rents in the neighborhood sit around mid-market levels for Bakersfield, supporting achievable pricing without overreliance on premium positioning.
Within a 3-mile radius, demographics indicate a broadly stable population today with projections for meaningful growth in residents and households over the next five years, which can expand the renter pool and support occupancy stability. Household incomes have been trending upward locally, which can sustain rent collections while still requiring attentive lease management in workforce-oriented assets, based on commercial real estate analysis from WDSuite.
Trade-offs to note: average school ratings trend below national norms and neighborhood incomes are below many coastal California submarkets. For investors, that suggests positioning toward value-oriented renters and careful amenity programming to maintain leasing velocity.
Safety indicators for this neighborhood track below both metro and national averages: the neighborhood’s crime rank is in the lower tier (ranked 218 out of 247 Bakersfield neighborhoods), and national safety percentiles are also on the lower side. In practical terms, operators should anticipate standard security measures and thoughtful site lighting, access control, and community engagement to support resident comfort and retention.
Recent year-over-year trends indicate higher estimated rates for both property and violent offenses at the neighborhood level, reinforcing the need for proactive management and coordination with local resources. These figures are neighborhood-wide and not specific to the property, and they should be weighed against strong daily-needs access and renter demand when underwriting.
The 64-unit asset at 1000 McDonald Way benefits from a neighborhood that is above the metro median overall and shows occupancy strength above national norms at the neighborhood level, according to CRE market data from WDSuite. A high concentration of renter-occupied units signals depth in the tenant base, while strong access to groceries, dining, parks, and pharmacies supports day-to-day livability and lease retention.
Within a 3-mile radius, projections call for increases in population and households over the next five years, expanding the renter pool and supporting leasing stability. While homeownership costs in the area are more accessible than in higher-cost California markets—introducing some competition with ownership options—the neighborhood’s elevated renter concentration and mid-market rents point to sustained multifamily demand. Key underwriting considerations include below-average school ratings and safety metrics that warrant active property management and calibrated amenities.
- Above-median neighborhood standing in Bakersfield supports relative leasing stability
- High neighborhood renter-occupied share indicates a deep tenant base
- Strong daily-needs access (groceries, dining, parks, pharmacies) aids retention
- 3-mile demographic projections point to renter pool expansion and occupancy support
- Risks: lower safety metrics and school ratings require proactive management and amenity strategy