| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 40th | Good |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 444 W E St, Tehachapi, CA, 93561, US |
| Region / Metro | Tehachapi |
| Year of Construction | 1981 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
444 W E St Tehachapi Multifamily Investment Opportunity
Neighborhood occupancy remains solid and amenity access is competitive, according to WDSuite’s CRE market data, positioning this 44-unit 1981 asset for steady renter demand in Kern County.
Located in Tehachapi within the Bakersfield, CA metro, the property sits in an Inner Suburb neighborhood rated A and ranked 13 out of 247 metro neighborhoods — a top quartile position that points to balanced livability and rental demand drivers. Neighborhood occupancy is measured at 95.5% (neighborhood statistic), supporting a case for stability at the submarket level rather than at the property itself.
Amenity access is a relative strength: restaurants, cafes, groceries, parks, and pharmacies all score above national averages (parks near the 90th percentile nationally), which can aid resident retention and leasing velocity. Average school ratings are below national norms, which may temper appeal for some family renters, but proximity to daily-needs retail helps offset commute friction for a broad renter pool.
At the neighborhood level, the share of renter-occupied housing units is elevated (53.5% renter concentration), indicating depth in the tenant base and potential demand resiliency for multifamily. Within a 3-mile radius, demographics point to population growth and an increase in households, expanding the renter pool over the next several years and supporting occupancy stability.
Vintage also matters: with an average neighborhood construction year around 1959, a 1981 asset is newer than much of the local stock. That positioning can be competitive against older properties while still leaving room for targeted modernization to support rent performance and tenant retention.
Safety indicators for the neighborhood are mixed when compared with U.S. neighborhoods overall, with the area not among top-performing safety cohorts nationally. However, recent trends show property offenses moving in a favorable direction year over year, which can incrementally improve resident sentiment and leasing outcomes if sustained.
Within the Bakersfield metro (247 neighborhoods), the neighborhood does not rank among the top quartile for safety, so investors should underwrite with prudent assumptions around security, lighting, and operations. Monitoring ongoing trend improvement rather than relying on a single-year snapshot is advisable for long-term planning.
Regional employers accessible by highway support a commuter workforce and can help sustain renter demand at this location. Notable nearby corporate offices include aerospace and environmental services operations listed below.
- Lockheed Martin Aeronautics Co. — aerospace (40.7 miles)
- Waste Management - Palmdale — environmental services (42.5 miles)
This 44-unit 1981 community benefits from a neighborhood that ranks in the top quartile among 247 Bakersfield metro neighborhoods, with amenity access and a renter-occupied housing concentration that supports a deeper tenant base. According to CRE market data from WDSuite, neighborhood occupancy is strong and local amenities score above national averages, reinforcing leasing durability for well-managed assets.
Being newer than much of the surrounding stock offers competitive positioning while leaving room for targeted upgrades that can enhance rent performance. Demographic trends within a 3-mile radius indicate population growth and an increase in households, which can expand the renter pool and support occupancy stability. Counterbalancing factors include below-average school ratings, safety metrics that warrant active property operations, and a homeownership market that may create some competition with ownership alternatives.
- Top-quartile neighborhood in the Bakersfield metro with strong occupancy and amenity access
- 1981 vintage is newer than much of the area stock, with value-add potential via targeted modernization
- 3-mile demographics point to population and household growth, supporting renter pool expansion
- Potential risks: below-average school ratings and safety metrics require active management and underwriting discipline
- Ownership costs in the area may compete for some renters; focus on operations and product positioning to sustain retention