3604 Panama LN
Bakersfield, CA, 93313
$950,000
Beds
0 Baths
0 SqFt
0.29 Acres
Add
MLS #IG26138251 image #0
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!

Property Details

Price:
$950,000
MLS #:
IG26138251
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
bksfbakersfield
Listed Date:
Jun 25, 2026
Total Sq Ft:
4,837
Lot Size:
12,559 sqft / 0.29 acres (approx)
Year Built:
1985
ContemporaryBksf – BakersfieldBksfbakersfieldNone

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
ER
Cooling
CA
Flooring
LAM
Heating
CF
Interior Features
QTZC
Laundry Features
IN
Levels
U

Exterior

Architectural Style
CNT
Common Walls
_2CW
Community Features
CRB
Fencing
WD
Garage Spaces
10
Parking Spots
10
Parking Total
10
Roof
SHN
Spa Features
NO
View
NO

Financial

Gross Operating Income
$119,700
Net Operating Income
$114,700

Map

Community

Market Summary

Current real estate data for Single Family in Bakersfield as of Jul 09, 2026
399
Single Family Listed
77
Avg DOM
235
Avg $ / SqFt
$493,020
Avg List Price

Property Summary

    3604 Panama LN Bakersfield CA is a Single Family for sale in Bakersfield, CA, 93313. It is listed for $950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1985. The average price per square foot for Single Family listings in Bakersfield is $235. The average listing price for Single Family in Bakersfield is $493,020.

Similar Listings Nearby

broker reciprocity
MLS# SR26097231broker reciprocity
600 Hosking
Bakersfield, CA

$898,000

2.1 miles away

broker reciprocity
MLS# OC26134759broker reciprocity
8804 Omeara CT
Bakersfield, CA

$815,000

4.1 miles away

broker reciprocity
MLS# CV26121395broker reciprocity
2132 Chester
Bakersfield, CA

$795,000

4.8 miles away

broker reciprocity
MLS# SB26020700broker reciprocity
715 N ST
Bakersfield, CA

$785,000

4.9 miles away

broker reciprocity
MLS# SR26106559broker reciprocity
900 Pacheco
Bakersfield, CA

$725,000

2.0 miles away

broker reciprocity
MLS# SR25280618broker reciprocity
2300 Brundage LN
Bakersfield, CA

$690,000

4.1 miles away

3604 Panama LN
Bakersfield, CA