| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Good |
| Demographics | 29th | Fair |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1635 Randolph St, Delano, CA, 93215, US |
| Region / Metro | Delano |
| Year of Construction | 1987 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1635 Randolph St, Delano CA Multifamily Investment
Neighborhood occupancy is firm and renter demand is supported by local amenities and a high-cost ownership backdrop, according to WDSuite s CRE market data. This positioning can help sustain leasing stability while offering room for operational optimization.
Located in Delano within the Bakersfield, CA metro, the neighborhood is rated A- and ranks 61 out of 247 metro neighborhoods , placing it in the top quartile locally. Neighborhood occupancy is 95.3% (competitive among Bakersfield neighborhoods), which supports steady rent rolls at comparable properties; note this is a neighborhood rate, not property-specific.
Amenity access trends favor daily convenience: grocery, parks, and pharmacies each sit in high national percentiles (around the 80s), while restaurants are also above average nationally. Caf s and childcare are limited nearby, which may modestly reduce lifestyle convenience for some residents but does not typically impede workforce housing demand.
Home values trend above national midpoints and the value-to-income ratio sits in a higher national percentile, indicating a relatively high-cost ownership market that can reinforce reliance on multifamily rentals. At the same time, the neighborhood rent-to-income ratio is moderate, which can aid lease retention and reduce turnover risk versus costlier submarkets.
The asset vintage is 1987, newer than the neighborhood average (1979). For investors, that often means a more competitive base structure versus older stock, while still planning for system updates and targeted renovations to drive rent premiums. Within a 3-mile radius, population and household counts have grown and are projected to continue expanding, pointing to a larger tenant base and support for occupancy stability over the medium term (data aggregated within 3 miles).
Schools trend around the national middle, which is serviceable for workforce-oriented demand. Tenure data shows a smaller renter-occupied share at the neighborhood level, but within a 3-mile radius the renter concentration is higher, broadening the prospective tenant pool for a 44-unit property.
WDSuite s dataset does not include specific crime metrics for this neighborhood, so investors should benchmark property-level risk using local law enforcement reports and insurer screenings. As a general practice, compare trends to Bakersfield metro averages and peer neighborhoods to gauge relative positioning rather than relying on block-level anecdotes.
Regional employment access supports workforce housing demand, with proximity to industrial and corporate operations that can underpin leasing and retention for multifamily.
- International Paper corporate offices (36.6 miles)
1635 Randolph St offers a pragmatic multifamily play in an inner-suburban Bakersfield metro neighborhood with top-quartile local ranking and competitive occupancy at the neighborhood level. According to CRE market data from WDSuite, the area combines a high-cost ownership landscape with moderate rent-to-income dynamics, a mix that can support both demand depth and lease retention.
The 1987 vintage provides a solid structural baseline relative to older nearby stock, with room for targeted renovations and system upgrades as a value-add path. Population and household growth within a 3-mile radius, together with everyday amenities that score well nationally, indicate a sustainable tenant pipeline for a 44-unit community while keeping an eye on localized demand drivers.
- Top-quartile neighborhood rank in the Bakersfield metro supports leasing stability
- High-cost ownership market reinforces multifamily demand; moderate rent-to-income aids retention
- 1987 vintage with targeted renovation and system-upgrade upside
- 3-mile growth in population and households expands the renter pool over time
- Risk: Limited caf /childcare density and smaller neighborhood renter share could temper absorption; verify property-specific positioning