| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Poor |
| Demographics | 30th | Fair |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 336 Roberts Ln, Bakersfield, CA, 93308, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1982 |
| Units | 26 |
| Transaction Date | 2022-12-08 |
| Transaction Price | $4,347,500 |
| Buyer | GOLDEN OPPORTUNITY INVESTMENTS LP |
| Seller | RIVER OAKS RENTALS LLC |
336 Roberts Ln, Bakersfield Multifamily Investment — 26 Units
Neighborhood data indicates a deep renter base and stable occupancy patterns, according to WDSuite’s CRE market data, supporting steady leasing for a 1982-vintage asset in an inner-suburban Bakersfield location.
This inner-suburban Bakersfield neighborhood (C+ rated) shows steady renter demand and access to daily needs. Renter-occupied housing is among the higher concentrations in the metro, which typically supports a larger tenant base and helps stabilize occupancy at the neighborhood level.
Convenience retail is a relative strength: grocery access ranks competitive among Bakersfield neighborhoods (7 of 247) and sits in the top quartile nationally. Restaurant density also trends in the top quartile nationwide, offering quick-service and casual options nearby. By contrast, parks, pharmacies, childcare, and cafes are comparatively limited within the immediate neighborhood, so residents may rely on adjacent areas for those amenities.
At the neighborhood level, rents sit near metro norms while the rent-to-income relationship suggests manageable affordability pressure for many renters. Median home values in the area are lower than national averages, which can introduce some competition from entry-level ownership; however, that ownership cost profile often sustains multifamily demand by keeping renting a practical option for mobility and budget flexibility.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with further gains expected alongside smaller average household sizes. For multifamily investors, a rising household count paired with a sizable renter pool points to a broader tenant base and supports occupancy durability through cycles, based on commercial real estate analysis from WDSuite.
The property’s 1982 vintage is newer than much of the surrounding housing stock (neighborhood average skews earlier), which can be competitively advantageous versus older assets. Even so, investors should anticipate selective system updates or unit refreshes to meet renter expectations and support rent positioning.
Comparable neighborhood-level safety metrics are not available in WDSuite for this location. Investors typically review city reports and property-level history alongside regional comps to contextualize safety and its potential influence on leasing and retention.
This 26-unit, 1982-vintage asset benefits from a renter-heavy neighborhood, everyday retail proximity, and demographic growth within a 3-mile radius that expands the local tenant base. According to CRE market data from WDSuite, neighborhood occupancy trends are steady near metro norms, suggesting a foundation for consistent leasing with prudent asset management.
Relative to older nearby stock, the vintage provides competitive positioning, while the area’s ownership cost profile continues to support reliance on rentals. Near-term upside is most likely to come from targeted renovations, amenity tweaks, and disciplined lease management that aligns with local affordability thresholds.
- Renter-heavy neighborhood supports a deeper tenant base and occupancy stability.
- Daily needs nearby, with strong grocery and restaurant access for resident convenience.
- 1982 vintage is competitively newer than much of the area’s housing stock, with potential to benefit from selective upgrades.
- Population and households growing within 3 miles, expanding the prospective renter pool.
- Risks: limited nearby parks/cafes and more accessible ownership options may require sharper pricing, amenity strategy, and retention focus.