| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Poor |
| Demographics | 27th | Fair |
| Amenities | 14th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3080 Sedona St, Rosamond, CA, 93560, US |
| Region / Metro | Rosamond |
| Year of Construction | 2008 |
| Units | 78 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3080 Sedona St Rosamond Multifamily Investment
This 78-unit property built in 2008 operates in a suburban neighborhood with strong COVID resilience ranking in the top quartile nationally. Market fundamentals according to CRE market data from WDSuite show positive income growth trends supporting rental demand stability.
This suburban neighborhood in Rosamond ranks 206th among 247 metro neighborhoods with a C- overall rating, positioning it competitively within the Bakersfield market. The area demonstrates strong COVID resilience, ranking 13th out of 247 neighborhoods with a 90th national percentile, indicating economic stability during market disruptions.
Demographics within a 3-mile radius show a growing population base of approximately 12,254 residents with positive household formation trends. Mean household income of $104,182 reflects solid earning capacity, while projected income growth to $151,456 by 2028 suggests strengthening rental demand fundamentals. The forecast indicates household count expansion from 3,784 to 5,448 units over five years, supporting multifamily absorption.
The property's 2008 construction year aligns closely with the neighborhood average of 1967, though its newer vintage may provide competitive advantages in maintenance costs and tenant appeal. Current neighborhood occupancy of 82.5% ranks below metro median but rental share remains limited at 6%, suggesting potential upside as ownership costs relative to income create barriers to homeownership transitions.
Crime metrics show mixed performance with property offense rates ranking 56th out of 247 metro neighborhoods, placing the area above median for property crime safety. The neighborhood demonstrates improving trends with property offense rates declining 30.4% year-over-year, ranking in the 73rd national percentile for crime reduction.
Violent crime rates remain relatively low at 12.1 incidents per 100,000 residents, ranking 63rd among metro neighborhoods and 67th percentile nationally. While violent crime showed a 25.8% increase year-over-year, the absolute rates remain manageable for multifamily operations and tenant retention considerations.
The area benefits from proximity to several major corporate employers providing workforce housing demand, led by aerospace and defense operations within commuting distance.
- Lockheed Martin Aeronautics Co. — defense & aerospace (18.4 miles)
- Waste Management - Palmdale — waste services (20.9 miles)
- Boston Scientific Neuromodulation — medical devices (35.4 miles)
- Amerisourcebergen — pharmaceutical distribution (36.0 miles)
This 78-unit property presents value-oriented multifamily investment opportunities in a stabilizing suburban market. The 2008 construction provides modern building systems while avoiding the capital expenditure needs of older stock, supporting NOI stability. Demographic projections show household income growth of 45% and expanding renter populations, creating favorable demand drivers for lease-up and renewal activity.
The neighborhood's strong COVID resilience ranking and declining property crime rates indicate improving fundamentals, while proximity to major aerospace employers provides employment stability. Current occupancy levels below metro averages may present acquisition opportunities, though investors should monitor competitive dynamics as ownership costs remain elevated relative to household income.
- Modern 2008 construction reduces near-term capital expenditure requirements
- Projected 45% household income growth supports rental demand expansion
- Strong COVID resilience ranking indicates economic stability
- Below-average occupancy levels may create acquisition value opportunities
- Limited rental supply (6% share) suggests potential market tightening