24
See all 24 photos
$950,000
Est. payment /mo
10 Beds
10 Baths
0.29 Acres Lot
New
3604 Panama Lane Bakersfield, CA 93313
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26138251
Bedrooms 10
Lot Size 0.288 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Investor opportunity in one of Bakersfields most desirable rental corridors! This beautifully updated five-unit apartment complex offers the ideal blend of strong income potential, tenant appeal, and long-term asset growth. Each unit has been extensively remodeled with newer flooring, fresh interior paint, and modern finishes that create a clean, move-in ready feel tenants will love. Designed with functionality and comfort in mind, every residence features an open-concept floor plan, spacious bedrooms, inside laundry area, a convenient downstairs half bath for guests, and a generously sized full bathroom upstairs. An exceptional bonus rarely found in multifamily propertieseach unit includes its own private two-car garage, adding tremendous value, convenience, and rental desirability. Located near shopping centers, schools, dining, and easy freeway access, this property is positioned in a high-demand rental market that supports strong occupancy and consistent cash flow potential. Whether you are a first-time investor looking to begin building wealth through real estate, completing a 1031 exchange, or an experienced investor expanding your portfolio, this property offers the type of low-maintenance, high-demand investment todays market is searching for. The updated interiors help reduce immediate renovation costs while increasing tenant retention and rental appeal. Opportunities like this are difficult to findremodeled multifamily properties with strong tenant features, individual garages, and prime location advantages are always in demand. Start collecting rental income from
Location
State CA
County Kern
Zoning Assessor
Direction From Freeway 99 go west on Panama
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 37135213009
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Hugo Chinchay, DRE#01141277 eXp Realty of Southern California
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION