
Bakersfield, CA 93311
Analysis of 10808 Villa Hermosa Drive, Bakersfield, CA 93311 is currently available with a list price of $495,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2005 (21 years old), the property is exceptionally well-maintained due to strict healthcare facility compliance standards. While the interior finishes in the bathrooms and living areas are original to the build date, the home is functional, clean, and move-in ready with no visible deferred maintenance.
The property features a proven 8-year occupancy history with National Mentor Healthcare LLC and a newly secured 5-year lease, ensuring exceptional income stability and minimal vacancy risk.
Due to strict California healthcare regulations, the tenant maintains the property to exceptionally high standards, preserving the asset's condition and reducing long-term deferred maintenance.
The lease agreement includes a guaranteed 2.5% annual rent increase, providing a reliable hedge against inflation and a clear trajectory for increasing Net Operating Income.
The investment's high yield is tied to a specific corporate use; if the tenant vacates, the owner may face costs to transition the property back to a traditional residential rental.
As a licensed healthcare facility, the property must continuously adhere to evolving state legal standards, which could necessitate future capital improvements to remain compliant.
This 1 Story, 4-bedroom, 2 full baths, single-family rental home has a stable 8-year tenant history with National Mentor Healthcare LLC and a newly signed 5-year lease starting July 2026 at $3,175 per month with 2.5% annual rent increase. The investment features predictable 2.5% annual rent increases, low annual expenses, and tenant maintained high maintenance standards set by California healthcare regulations. Tenant has been maintaining the home to high standards as required for business by California Laws. Lease and Income Details Tenant: National Mentor Healthcare LLC (National Home Healthcare provider) Tenancy History: 8 years of continuous occupancy Lease Term: New 5-year lease signed in July 2026 Monthly Rent: $3,175 Rent Escalation: 2.5% annual increase Annual Expenses Property Taxes: Approximately $4,657 per year Homeowners Insurance (HOI): Approximately $1,275 per year General Liability Insurance: Approximately $1,100 per year Property Condition Condition: Great shape Upkeep: Excellently maintained by the tenant Compliance: Meets strict California legal standards for healthcare facilities
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 7.5 |
| Baths | 2.0 | 4.0 |
| Square foot | 2,433 | 3,255.25 |
| Lot Size | 7,841 | 9,020 |
| Price | $495.0K | $503.0K |
| Price per sq ft | $203 | $185 |
| Built year | 2005 | 1968 |
| HOA | $0 | $0 |
| Days on market | 22 | 83 |
Aug 18, 2026
$495,000
Initial Listing
Jun 30, 2016
$275,000
Public Record
Jul 8, 2010
$215,000
Public Record