| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 53rd | Good |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2625 Brookside Dr, Bakersfield, CA, 93311, US |
| Region / Metro | Bakersfield |
| Year of Construction | 2000 |
| Units | 32 |
| Transaction Date | 2015-11-13 |
| Transaction Price | $4,150,000 |
| Buyer | Brookside Padaro, LLC |
| Seller | Lakchmana O & Susila Arasu |
2625 Brookside Dr Bakersfield CA Multifamily Investment
Neighborhood renter-occupied housing is materially above the U.S. norm, supporting a deeper tenant base, according to WDSuite’s CRE market data. Occupancy trends are steadier at the neighborhood level than individual assets, so underwriting should focus on leasing execution and retention.
This inner-suburb location serves renters seeking larger floorplans and access to Bakersfield employment corridors more than walkable retail. Amenity density within the immediate neighborhood is limited (few cafes, groceries, parks), so residents typically rely on nearby arterials for daily needs — a manageable trade-off for investors prioritizing drive-to convenience and parking over foot-traffic retail.
Neighborhood rent levels sit above the metro median (ranked stronger than many of Bakersfield’s 247 neighborhoods), while occupancy at the neighborhood level tracks below national averages — a mix that rewards disciplined leasing and asset management. The area’s renter-occupied share is high versus the nation, signaling depth in multifamily demand and support for leasing velocity.
Within a 3-mile radius, population has expanded with additional household growth and slightly smaller household sizes, pointing to a larger tenant base over the next cycle. Rising median incomes and moderate rent-to-income dynamics in the surrounding area support resident retention and measured pricing power, based on commercial real estate analysis from WDSuite.
School quality in the neighborhood tests above national averages and is competitive among Bakersfield submarkets, which can aid family-oriented renter retention. Home values in the broader area are elevated relative to local incomes, which tends to reinforce reliance on rental housing rather than ownership, supporting occupancy stability for multifamily assets.
Safety indicators in this neighborhood compare somewhat weaker than national norms and are middle-of-the-pack within Bakersfield, per WDSuite’s data. Property-related incidents align near national averages, while violent-offense readings sit below average with recent-year volatility. For investors, this argues for standard security measures and attentive management rather than assuming block-level risk differentials.
Framing the data comparatively: the neighborhood is not among the safest quartile nationally, and its crime rank places it behind many of the 247 Bakersfield neighborhoods. Trend-aware operating plans — lighting, access control, and partnerships with local patrols — can help sustain leasing and retention without overcapitalizing.
With 32 units averaging 1,094 square feet, the asset can appeal to renters who value space, which supports length of stay and renewal potential. Neighborhood rents trend above the metro median, while area occupancy is softer than national marks — a profile that rewards hands-on leasing and resident experience. According to WDSuite’s commercial real estate analysis, a higher neighborhood renter concentration and growing 3-mile household counts point to a durable tenant pipeline.
Limited walkable amenities mean demand is driven by commute access and value relative to ownership; elevated ownership costs in the area tend to sustain reliance on rentals, while surrounding income growth underpins measured rent growth and retention. Execution risks center on marketing, security posture, and amenity programming tailored to drive-to living.
- Larger average unit sizes support family and roommate demand, aiding retention.
- Neighborhood renter concentration and 3-mile household growth expand the tenant base.
- Rents above metro median offer pricing power with disciplined leasing execution.
- Drive-to location minimizes competition from walkable-lifestyle assets and can reduce turnover.
- Risk: below-average neighborhood safety and softer occupancy require proactive management, security, and marketing.