| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 10th | Poor |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 5th Ave, Delano, CA, 93215, US |
| Region / Metro | Delano |
| Year of Construction | 1987 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1200 5th Ave Delano Multifamily Opportunity
Neighborhood occupancy near the property is reported at 95.5%, indicating leasing stability and steady renter demand, according to WDSuite’s CRE market data. Elevated ownership costs in the area support sustained reliance on rentals, a constructive backdrop for income-focused investors.
Situated in Delano’s inner-suburban context of the Bakersfield, CA metro, the area around 1200 5th Ave shows resilient renter demand. Neighborhood occupancy is 95.5% and ranks 90 out of 247 neighborhoods in the metro—competitive among Bakersfield neighborhoods—and is in the 74th percentile nationally, reinforcing the potential for stable collections and lower turnover risk.
Livability is supported by everyday conveniences: grocery and pharmacy access score in the upper half nationally, while parks also test well relative to peers. By contrast, cafes and childcare are limited locally, so investors should underwrite some reliance on nearby corridors for discretionary amenities. This balance aligns with workforce housing dynamics typical of inner suburbs.
Tenure patterns show a renter-occupied share of 47.6% in the neighborhood, indicating a broad tenant base without overconcentration—supportive for multifamily absorption and renewal prospects. Within a 3-mile radius, population and household counts have grown in recent years and are projected to post further double-digit gains, suggesting a larger tenant pool ahead and support for occupancy stability as households diversify and average household size trends slightly lower.
The property’s 1987 vintage is newer than the neighborhood’s average construction year (1970). For investors, this suggests relatively competitive positioning versus older stock, while still allowing for targeted modernization or system upgrades to drive rent premiums. Home values in the neighborhood sit high relative to incomes (top quintile nationally by value-to-income ratio), which tends to sustain rental demand as many households remain rental-reliant—an insight grounded in commercial real estate analysis from WDSuite.
Neighborhood-level crime data for this area is not available in WDSuite’s current release. Investors should benchmark conditions against broader Bakersfield and Kern County trends using multiple sources and time frames, and consider on-site observations and property-level security features when underwriting.
Regional employment is anchored by industrial and corporate operations accessible by highway, supporting workforce renter demand and commute practicality. Nearby representation includes packaging and paper manufacturing.
- International Paper — packaging & paper manufacturing (37.6 miles)
This 20-unit asset built in 1987 sits in a neighborhood with high occupancy and a balanced renter concentration, offering a foundation for income stability. According to CRE market data from WDSuite, neighborhood occupancy trends are in the upper quartile nationally and competitive within the Bakersfield metro, while a high value-to-income ownership landscape helps sustain rental demand. Within a 3-mile radius, recent and projected gains in population and households point to a growing tenant base, supporting leasing velocity and renewal potential.
Operationally, the 1987 vintage is positioned ahead of older local stock, yet targeted renovations and system updates can unlock value-add upside. Investors should account for modest discretionary amenity depth in the immediate area and thoughtfully manage rent-to-income levels to maintain retention while pursuing measured rent growth.
- High neighborhood occupancy supports collections and limits downtime
- Renter-occupied share near half of units indicates a wide tenant base
- 1987 construction allows targeted upgrades for value-add potential
- Ownership costs relatively high for the area, reinforcing rental reliance
- Risk: limited nearby cafes/childcare and income sensitivity warrant conservative rent pushes