| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 25th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1301 McDonald Way, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1979 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1301 McDonald Way Bakersfield Multifamily with Stable Renter Base
Neighborhood occupancy trends remain above the metro median and support leasing stability, according to WDSuite’s CRE market data. A high neighborhood renter-occupied share signals depth of tenant demand rather than a property-specific guarantee.
This Inner Suburb location in Bakersfield balances daily convenience with investment fundamentals. Grocery access is strong compared with the metro (ranked among 247 neighborhoods, it sits in the 97th percentile nationally), and restaurants index high as well, while parks and pharmacies are relatively abundant. Cafés and childcare are less dense locally, which may modestly affect lifestyle appeal for some tenant segments.
Neighborhood occupancy is above the metro median and in the upper half nationally, supporting a baseline of leasing stability. The renter-occupied share of housing units is high (competitive among Bakersfield neighborhoods and in a top national percentile), indicating a deep local tenant base and consistent multifamily demand. These are neighborhood-level indicators, not property performance.
Within a 3-mile radius, demographics indicate a steady renter pool with modest recent population gains and projections for additional population growth and an increase in households by 2028, which can support absorption and renewal rates. Median contract rents and rent-to-income levels suggest manageable affordability pressure, pointing to retention advantages while implying more measured pricing power. This perspective is grounded in commercial real estate analysis from WDSuite rather than consumer sentiment.
The property’s 1979 vintage is slightly newer than the neighborhood’s average construction year. That positioning can be competitive against older stock, though planning for system updates and targeted renovations remains prudent to meet contemporary renter expectations and sustain occupancy.
Ownership costs in the area trend elevated relative to incomes (higher value-to-income ratios versus many U.S. neighborhoods). For investors, this tends to reinforce reliance on multifamily housing and supports depth of rental demand. School ratings in the neighborhood track below national averages, which can be a consideration for family-oriented leasing strategies but may be less material for workforce or value-focused demand.
Safety indicators for the neighborhood track below national averages (around the lower quintiles nationally), signaling a comparatively higher crime environment versus many U.S. neighborhoods. Within the Bakersfield metro, the area trends below the metro average on safety measures. These are neighborhood-level metrics and can vary block to block; investors often account for security features, lighting, and property management practices when underwriting.
Recent trend readings suggest volatility in both property and violent offense estimates year over year. Rather than relying on a single period, prudent underwriting typically evaluates multi-year trends and on-the-ground conditions, alongside comparable submarkets in the region.
1301 McDonald Way is a 28-unit asset positioned in a Bakersfield Inner Suburb with neighborhood occupancy above the metro median and a notably high renter-occupied housing share—both supportive of a stable tenant base and steady leasing velocity. The 1979 vintage is slightly newer than the area’s average stock, offering relative competitiveness with room for selective renovations to capture value and support retention.
Within a 3-mile radius, population and household projections point to renter pool expansion through 2028, reinforcing demand for professionally managed apartments. Elevated ownership costs relative to incomes help sustain reliance on rentals, while rent-to-income levels suggest retention-friendly affordability. According to multifamily property research from WDSuite, amenity access is strong for daily needs (grocers, restaurants, pharmacies), which can underpin resident satisfaction and ease of leasing.
- Above-metro-median neighborhood occupancy supports baseline leasing stability
- High neighborhood renter-occupied share indicates deep tenant demand
- 1979 vintage offers competitive positioning with targeted renovation upside
- Strong daily-needs amenities (grocers, restaurants, pharmacies) aid retention
- Risk: safety metrics trend below national averages; plan for security and management practices