| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Poor |
| Demographics | 16th | Poor |
| Amenities | 43rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1405 White Ln, Bakersfield, CA, 93307, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1973 |
| Units | 104 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1405 White Ln, Bakersfield Multifamily Investment
Neighborhood occupancy trends are solid and the renter-occupied share is high, pointing to steady tenant demand, according to WDSuite’s CRE market data.
Neighborhood and demand drivers
The property sits in an Inner Suburb pocket of Bakersfield where neighborhood occupancy is competitive among 247 Bakersfield neighborhoods and in the top quartile nationally. A materially higher share of housing units are renter-occupied here than in most areas of the metro, supporting a deeper tenant base and helping stabilize lease-up and renewals.
Daily needs access is a relative strength: grocery availability ranks near the top of the metro and in the top quartile nationally, with pharmacies and restaurants also comparing favorably. By contrast, parks, cafes, and childcare options are limited in the immediate neighborhood, which may influence positioning for family-oriented renters. School ratings sit below national medians, which investors should consider when targeting household segments.
Within a 3-mile radius, recent population growth has been modest with a larger share of households forming and average household size easing slightly. Forecasts indicate continued population growth by 2028 with a sizable increase in households, implying a larger renter pool and support for occupancy stability. Median contract rents in the area remain moderate relative to income (neighborhood rent-to-income around 20%), which can aid retention while leaving room for disciplined pricing.
Home values in the neighborhood are lower than many California markets, which can mean some competition from ownership options; however, this also supports multifamily demand among residents prioritizing more accessible monthly housing costs. For investors, the mix of strong daily conveniences and a large renter concentration points to durable demand, while amenity and school constraints suggest careful unit-mix and marketing strategy.
Safety context
Neighborhood safety metrics rank below the metro median (172 out of 247 Bakersfield neighborhoods) and below national medians. That positioning suggests investors should underwrite with added attention to on-site lighting, access control, and community management to support resident retention.
Recent year-over-year estimates indicate an uptick in both property and violent offenses at the neighborhood level. While conditions vary block to block, comparative framing is most useful for investors: this area is not among the stronger-performing neighborhoods on safety today, but targeted property-level measures and active management can mitigate risk and support leasing performance.
Investment thesis
Built in 1973, the asset is slightly older than the neighborhood average, pointing to value-add and capital planning opportunities that can sharpen competitiveness against newer stock. Demand fundamentals are supported by a high share of renter-occupied housing and neighborhood occupancy levels that are competitive within the Bakersfield metro and strong nationally, according to commercial real estate analysis from WDSuite. Daily-needs convenience (notably groceries and pharmacies) underpins retention, while moderate rent-to-income levels suggest capacity for measured rent growth with disciplined amenity upgrades.
Within a 3-mile radius, population growth has been gradual and household counts are projected to rise further by 2028, signaling a larger tenant base over time. Investors should balance these strengths against below-median school ratings and safety metrics that warrant proactive property management and security planning.
- Competitive neighborhood occupancy and high renter concentration support leasing stability
- 1973 vintage offers clear value-add and systems modernization potential
- Strong daily-needs access (groceries, pharmacies) aids retention and everyday convenience
- 3-mile area expects household growth by 2028, expanding the renter pool
- Risks: below-median school ratings and safety metrics require proactive management and security planning