| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Good |
| Demographics | 44th | Good |
| Amenities | 45th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3401 Actis Rd, Bakersfield, CA, 93309, US |
| Region / Metro | Bakersfield |
| Year of Construction | 1987 |
| Units | 26 |
| Transaction Date | 2015-10-27 |
| Transaction Price | $2,180,000 |
| Buyer | SADDLEBACK CAPITAL LLC |
| Seller | REYES FAMILY TRUST |
3401 Actis Rd Bakersfield Multifamily Investment
This 26-unit property sits in an A-rated neighborhood that ranks in the top quartile among 247 metro neighborhoods, with strong occupancy fundamentals and favorable rental demand indicators according to CRE market data from WDSuite.
The property occupies an Inner Suburb neighborhood rated A overall, ranking 19th among 247 neighborhoods in the Bakersfield metro. Built in 1987, this vintage aligns with the neighborhood average construction year of 1983, suggesting consistent building stock without immediate capital expenditure pressures typical of significantly older properties.
Neighborhood-level occupancy stands at 95.6%, reflecting stable rental demand. The area maintains a 42.9% share of renter-occupied housing units, ranking in the 83rd percentile nationally and supporting consistent tenant demand. Contract rents average $1,017 with 10.9% growth over five years, while the broader 3-mile demographic area shows median household incomes of $69,046 with strong 32.8% growth over the same period.
Amenity access supports tenant retention with grocery stores ranking in the 96th percentile nationally at 5.20 per square mile, and restaurants scoring in the 92nd percentile at 12.12 per square mile. School ratings average 3.0 out of 5, ranking 17th among metro neighborhoods. The area shows population growth of 18.3% over five years, with demographic projections within the 3-mile radius indicating continued household formation and renter pool expansion supporting long-term occupancy stability.
Crime metrics show mixed trends requiring careful monitoring. Property offense rates rank 199th among 247 metro neighborhoods with an estimated 1,022 incidents per 100,000 residents, placing the area in the 22nd percentile nationally. Violent crime rates are lower at 82 incidents per 100,000 residents but rank 186th metro-wide, in the 34th percentile nationally.
Both property and violent crime rates have increased significantly over the past year, with property offenses up 110% and violent offenses up 164%. These trends warrant attention in tenant screening and property management protocols, though the neighborhood maintains its overall A rating based on comprehensive livability factors.
Employment data for nearby anchor employers is not available in the current dataset. Investors should conduct independent research on major employers and employment centers in the Bakersfield area to assess workforce stability and commute patterns that support rental demand.
The property benefits from strong neighborhood fundamentals with 95.6% occupancy rates and an A-rated location ranking in the top 8% of metro neighborhoods. The 1987 construction year aligns with area norms, avoiding immediate capital expenditure concerns while offering potential value-add opportunities through strategic improvements. Demographic trends within the 3-mile radius show positive population and household growth, expanding the potential tenant base over time.
The neighborhood's 42.9% renter-occupied housing share ranks in the 83rd percentile nationally, indicating sustained rental demand. However, recent increases in crime rates require enhanced property management protocols and may impact tenant retention strategies. According to multifamily property research from WDSuite, the combination of stable occupancy metrics and strong amenity access provides a foundation for consistent cash flow performance.
- A-rated neighborhood ranking 19th among 247 metro areas with 95.6% occupancy
- Strong amenity density with grocery and restaurant access in top national percentiles
- Growing demographic base with 18% population increase over five years
- 1987 vintage offers value-add potential without immediate capital pressures
- Rising crime trends require enhanced management protocols and tenant screening