3604 Panama Lane, Bakersfield, CA 93313
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
3604 Panama Lane,Bakersfield, CA 93313
$950,000
- - Beds
- - Baths
- 4,837 sq. ft.
- Multi-family
- Active
Listed by: hugo chinchay
Office: exp realty of southern california888-294-1415
MLS#:IG26138251
Source:CRMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$196.4
About this home
Investor opportunity in one of Bakersfield’s 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 properties—each 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 today’s 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 find—remodeled multifamily properties with strong tenant features, individual garages, and prime location advantages are always in demand. Start collecting rental income from day one while building long-term equity and generational wealth through real estate ownership. Don’t miss the chance to own a turnkey income-producing property in a growing Bakersfield market. Hurry—properties priced like these do not stay available for long!...
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Home facts
- Year built:1985
- Listing ID #:IG26138251
- Added:4 day(s) ago
- Updated:June 29, 2026 at 01:44 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Electric Range
- Bedroom Description:All Bedrooms Up
- Living area:4,837 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1985
- Building area:4,837 sq. ft.
- Lot area:0.29 Acres
- Architectural Style:Contemporary
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$196.4
Features and amenities
- Appliances:Electric Range
- Laundry features:Inside
- Amenities:Quartz Counters
Parking
- Total parking spaces:10
- Garage:Yes
- Garage spaces:10
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