5948 Victor St, Bakersfield Multifamily Investment

This inner-suburb location in Bakersfield scores A- at the neighborhood level and ranks 50 of 247 metro neighborhoods—placing it in the top quartile within the region. For investors, that positioning signals balanced livability and demand drivers that can support stable tenancy.

Amenity access is competitive among Bakersfield neighborhoods (rank 82 of 247), led by stronger park access (top quartile nationally) and adequate grocery coverage (above the national median). Limited cafes and pharmacies locally suggest residents rely on broader trade areas for some conveniences—something to factor into leasing narratives rather than a structural constraint.

The neighborhood 27s occupancy benchmark is above the metro median (rank 104 of 247), and renter-occupied housing constitutes roughly the mid-40s percent of units, indicating a sizable tenant base. Median household income in the area trends above the national median while the rent-to-income ratio sits below national medians, a combination that typically supports retention and reduces near-term affordability pressure. Median home values are also above national medians, which tends to sustain rental demand by making ownership a higher-cost alternative.

Within a 3-mile radius, population and household counts have grown over the last five years, with forecasts pointing to further expansion by 2028. This trajectory implies a larger tenant base and supports occupancy stability. Schools in the neighborhood test above the national median (average rating around 3 of 5), which can aid longer-term renter retention for family-oriented units. Based on WDSuite 27s multifamily property research, the property 27s 1997 vintage is newer than the local average (1980), suggesting relative competitiveness versus older stock while leaving room for targeted modernization to drive rents or reduce turnover.