What Bakersfield Investors Are Saying

Discover authentic stories of success and transformation from our diverse community of real estate investors in Bakersfield.

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As a real estate appraiser, I work with Marc to verify transactions and information. Marc is a very knowledgeable apartment broker. I would trust Marc to fulfill all the promises.

Michael Burger

Michael Burger & Associates

Marc A. Thurston is the most knowledgeable multi-family broker I have ever worked with. His disciplined approach of tracking the local multi-family market makes him an invaluable resource in any transaction.

Mel Atkinson

MD Atkinson Company, Inc

While discussing price strategy with Marc, the conversation was always geared toward how to accomplish the bigger picture. With this direction from Marc, Grayson and I were able to get full ask and set a record for the property type and the neighborhood.

Eric Richardson

Client

Marc has always demonstrated the highest level of diligence, professionalism and ethics in all of the transactions we have trusted him with. He has a deep knowledge of the market and many decades of experience augmented by his constant pursuit of new information to update his databases

Sassan Rostamian

Client

Thank you so much for a very smooth, painless and prompt escrow closing! Much appreciate your guidance, valuable insights and patience! If you have a site that we can post a testimonial, please let us know. You epitomize the creme de la creme! Have a wonderful weekend!

Abigail & Ed Ocampo

Clients

Marc did a fantastic job, it was quick, efficient, and very professional. I am an out-of-town investor. Working with Marc was a great experience, Marc knew the market well and walk me through the entire process which made it easy. Thank you, Marc, I highly recommend you to anyone desiring excellence in a real estate agent.

Yevonne Luo

Client

We have been in the Bakersfield apartment market for over 20 years and we have found Marc to be one of the better brokers we have worked with.

Jim Devany

Golden State Financial Group

I have had the pleasure of working with Marc on a regular basis over the past decade. Marc’s knowledge and experience in the local market are surpassed only by his professionalism and integrity.

Kyle K. Estle

MAI Appraiser

Marc took extraordinary care of our sale of a four-plex, walking us through the details and options and working diligently to bring the sale together. His deep knowledge of the multi-family building sales market and process was essential to our success in achieving the price we wanted at a fast and painless pace.

Tracy Handen

Client

After dealing with a handful of real estate agents, finding Marc was a relief. He was very professional, always available to answer questions and most importantly understood the mind of an investor. If you’re in the market for multifamily, this is your man.

Quentin Schulman

Client

Professional, knowledgeable, insightful and personable are a few words that describe Marc A. Thurston. As a real estate broker and investor in Bakersfield for over 30 years I have not met a more qualified real estate professional. He sold the family portfolio above list price in a matter of days. Marc is the only real estate professional that I would refer to anyone looking to buy or sell multi-family real estate.

Rahn Springer

Client

Marc, we have worked with you since 2004 when we purchased the condominium. I thank you for always being responsive to our needs.

Tom Ochsner

Client

Multifamily Investments, Mastered

About Us

Navigating the Bakersfield apartment market since 1990, Marc A. Thurston is the go-to expert for real estate brokers making personal investments. Trust in over three decades of unparalleled experience.

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Years specializing in the multifamily property market

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Successful property transactions closed

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Units sold across Bakersfield and beyond

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in Properties Successfully Sold Over Three Decades

What Our Clients Are Saying

Discover firsthand why Marc A. Thurston is the trusted name for Multifamily Real Estate Investment in Bakersfield.

Yevonne Luo

Client

As a real estate appraiser, I work with Marc to verify transactions and information. Marc is a very knowledgeable apartment broker. I would trust Marc to fulfill all the promises.

Michael Burger

MAI | Michael Burger & Associates

Eric Richardson

Client

Quentin Schulman

Client

Abigail & Ed Ocampo

Clients

We have been in the Bakersfield apartment market for over 20 years and we have found Marc to be one of the better brokers we have worked with.

Jim Devany

Golden State Financial Group

Invest Smarter. Reach Out Now.

Contact us

Unlock the doors to your dream home and community with the help of Marc A. Thurston, your trusted guide in the real estate landscape.

thurston@asuassociates.com

661.889.6597

11601 Bolthouse Drive
Suite 110
Bakersfield, CA 93311

Lic# 01099353

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FAQs

Get the clarity you need to make informed investment decisions. Here are some of our most frequently asked questions.

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What differentiates Marc A. Thurston in the multifamily real estate market?

Marc 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.

How do you evaluate properties for investment?

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.

What type of consultation services do you offer?

We provide both buyer assessments and complimentary property valuations, tailored to meet your specific investment goals.

Can you help me with both buying and selling?

Absolutely, we offer end-to-end services for both buyers and sellers, providing expert advice and strategies to maximize your returns.

How do you determine market trends in Bakersfield?

Utilizing in-depth research and local market data, we have a pulse on the current market conditions, allowing us to guide you effectively.

Where is Bakersfield California?

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)

What is the population of Bakersfield?

Approximately 500,000 which includes the county islands located within the city of Bakersfield.

What are the main economic drivers of Bakersfield.

Government, Agriculture, Energy, and logistics

What makes Bakersfield such a good location for Multifamily real estate investing?

It is one of the last locations in California that investors can earn positive cash flow.

What is the vacancy rate in Bakersfield Ca?

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.

What drives the population growth in Bakersfield California?

Jobs, affordable living, and a family friendly lifestyle that it hard to find in larger cities in California.

What is the average price per unit in Bakersfield California?

In 2023 the average price per unit was $145,000.

What is the average rent growth rate in Bakersfield California?

In 2023 it was 4.45%, but over the previous 5 years it has averaged 9.96%.

How many apartment units exist in Bakersfield California?

Approximately 49,000 rentals in Bakersfield California.