3604 Panama Lane, Bakersfield, CA 93313 - Photo 1 of 24, Bakersfield, CA
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$950,000

3604 Panama Lane, Bakersfield, CA 93313

eXp Realty of Southern California
MLS® IG26138251
10Beds
10Baths
0
24Days Listed

About This Property

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

Hugo ChinchayeXp Realty of Southern California909-750-0222MLS® IG26138251

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
10
Bathrooms
10
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
24
Cumulative Days on Market
2
Original Price
$950,000
MLS® Number
IG26138251

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Bakersfield Market Snapshot

341

Active Listings

$425K

Median Price

37

Avg Days on Market

Last updated: Jun 24, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$950,000