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ContactMarc A. Thurston specializes exclusively in Multifamily Real Estate Investment in Bakersfield, offering over 34 years of industry experience and over half a billion dollars in sales volume.
We conduct comprehensive Bakersfield-specific multifamily research, scrutinizing various aspects like location, rental yield, and growth potential to make sure you're getting the best return on your investment.
We provide both buyer assessments and complimentary property valuations, tailored to meet your specific investment goals.
Absolutely, we offer end-to-end services for both buyers and sellers, providing expert advice and strategies to maximize your returns.
Utilizing in-depth research and local market data, we have a pulse on the current market conditions, allowing us to guide you effectively.
Bakersfield is in the Central Valley of California. It is 90 minutes North from Los Angeles, and 4 hours South of San Francisco. (2 hours to the central coast and 2.5 hours to the mountains)
Approximately 500,000 which includes the county islands located within the city of Bakersfield.
Government, Agriculture, Energy, and logistics
It is one of the last locations in California that investors can earn positive cash flow.
In the 4th quarter of 2023, it was 3.1%. Bakersfield has had minimal multifamily development, so the vacancy rate has remained low for a long time.
Jobs, affordable living, and a family friendly lifestyle that it hard to find in larger cities in California.
In 2023 the average price per unit was $145,000.
In 2023 it was 4.45%, but over the previous 5 years it has averaged 9.96%.
Approximately 49,000 rentals in Bakersfield California.