| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Fair |
| Demographics | 11th | Poor |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1030 Kendrea St, Mc Farland, CA, 93250, US |
| Region / Metro | Mc Farland |
| Year of Construction | 2011 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1030 Kendrea St McFarland CA Multifamily Investment
This 80-unit property built in 2011 positions investors in a neighborhood with strong safety metrics, ranking in the 92nd percentile nationally for low crime rates according to CRE market data from WDSuite.
Located in McFarland's inner suburb setting, this neighborhood demonstrates notable safety characteristics with crime rankings in the top quartile among the Bakersfield metro's 247 neighborhoods. The area maintains a 90.2% occupancy rate and serves a substantial rental market with 45.7% of housing units occupied by renters, ranking in the 85th percentile nationally for rental share.
Built in 2011, this property represents newer construction compared to the neighborhood's 1954 average building vintage, potentially reducing near-term capital expenditure needs. The local rental market shows median contract rents of $753, while demographic data within a 3-mile radius indicates a median household income of $44,876 with 47.8% of housing units renter-occupied.
The neighborhood offers practical amenities including 2.35 grocery stores per square mile (86th percentile nationally) and adequate pharmacy access at 1.18 per square mile (87th percentile nationally). However, investors should note limited childcare facilities and parks, with both categories ranking at the bottom nationally. School ratings average 0.66 out of 5, representing the 6th percentile nationally.
Demographic projections within the 3-mile radius show household growth of 50.2% by 2028, with median household income forecast to increase 104.4% to $91,746. This population expansion could support larger tenant base and rental demand, though investors should monitor the projected shift toward homeownership as income growth may increase competition with ownership options.
The neighborhood demonstrates strong safety fundamentals, ranking 3rd among 247 metro neighborhoods for overall crime rates and achieving the 92nd percentile nationally. Violent crime rates are particularly low at 1.8 incidents per 100,000 residents, placing the area in the 93rd percentile nationally for safety.
Recent trends show improving conditions, with property crime declining 71.3% year-over-year and violent crime dropping 65.1%. These reductions position the neighborhood in the 96th and 92nd percentiles respectively for crime improvement trends, suggesting sustained safety momentum that can support tenant retention and leasing velocity.
The local employment base includes corporate offices within commuting distance, though the immediate area shows limited major employer concentration.
- International Paper — corporate offices (42.8 miles)
This 80-unit property offers exposure to a safety-focused neighborhood with crime metrics in the 92nd percentile nationally. The 2011 construction vintage provides newer building systems compared to the area's 1954 average, potentially reducing immediate capital expenditure requirements. Demographic projections show significant household growth of 50.2% and income increases of 104.4% by 2028 within the 3-mile radius, supporting expanded renter pool and demand fundamentals.
The neighborhood maintains solid rental market characteristics with 45.7% of units renter-occupied (85th percentile nationally) and 90.2% occupancy rates. However, investors should consider the limited amenity base, particularly childcare and recreational facilities, and monitor how projected income growth may influence renter-to-owner migration patterns.
- Strong safety metrics with crime rates in 92nd percentile nationally
- 2011 construction reduces near-term capital expenditure needs
- Substantial rental market with 45.7% renter-occupied units
- Projected 50.2% household growth supports tenant base expansion
- Risk: Limited amenity base may impact tenant attraction and retention