330 Roberts Lane, Bakersfield, CA 93308
Local realty services provided by:CENTURY 21 Experience
330 Roberts Lane,Bakersfield, CA 93308
$1,975,000
- - Beds
- - Baths
- 9,785 sq. ft.
- Multi-family
- Active
Listed by: erwin de leon, priscilla cervantes
Office: nest real estate951-363-3110
MLS#:26669375
Source:CRMLS
Price summary
- Price:$1,975,000
- Price per sq. ft.:$201.84
About this home
Well-positioned 18-unit multifamily investment property located in the strong rental market of North Bakersfield, offering investors the opportunity to acquire a stable, income-producing apartment building with long-term upside potential. Built in 1982, the property consists of approximately 9,785 square feet of building area situated on a 29,620 square foot lot, providing ample space for tenant parking and accessibility. The property features approximately 40 on-site parking spaces, an attractive amenity that supports tenant convenience and occupancy stability. The asset is offered at approximately $201.84 per square foot and $109,722 per unit, providing a competitive price basis compared to similar multifamily properties for sale in Bakersfield. The property is currently operating at a 6% cap rate, making it an appealing opportunity for investors seeking a cash flowing multifamily investment with reliable performance.The property benefits from 5 Section 8 units, providing stable, government-backed rental income and helping reduce vacancy risk. Bakersfield continues to experience steady demand for affordable housing, supporting consistent occupancy and long-term rental growth potential. This 18-unit apartment complex is well suited for investors seeking both passive income and future appreciation in a growing Central California rental market.The property offers convenient access to major transportation routes including California State Route 99, as well as key commercial corridors such as Airport Drive and North Chester Avenue, connecting residents to employment centers, schools, shopping, and everyday services throughout the Bakersfield area. Nearby amenities include retail, dining, and regional shopping destinations such as Valley Plaza Mall, one of the largest retail centers in the San Joaquin Valley. The surrounding neighborhood consists of established residential communities with consistent rental demand and ongoing growth, supporting long-term investment performance. This residential income property presents a compelling opportunity for investors seeking a Bakersfield multifamily investment with strong fundamentals, stable income, and future upside potential....
Contact an agent
Home facts
- Year built:1982
- Listing ID #:26669375
- Added:97 day(s) ago
- Updated:July 27, 2026 at 10:52 AM
Rooms and interior
- Living area:9,785 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1982
- Building area:9,785 sq. ft.
- Lot area:0.68 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,975,000
- Price per sq. ft.:$201.84
Parking
- Total parking spaces:40
New listings near 330 Roberts Lane
- New
$140,000Active3 beds 3 baths1,440 sq. ft.6351 AKERS ROAD #7, Bakersfield, CA 93313
MLS# 202608003Listed by: GRAHAM & ASSOCIATES REAL ESTATE GROUP - New
$73,500Active3 beds 3 baths1,440 sq. ft.704 44TH STREET, Bakersfield, CA 93301
MLS# 202608042Listed by: BOLICH REALTY, INC. - New
$559,000Active3 beds 4 baths2,497 sq. ft.12301 WINGER STREET, Bakersfield, CA 93312
MLS# 202608043Listed by: MIRAMAR REALTY - New
$327,000Active3 beds 3 baths1,196 sq. ft.2904 IDAHO STREET, Bakersfield, CA 93305
MLS# 202608045Listed by: WATSON REALTY - New
$494,500Active4 beds 3 baths1,821 sq. ft.816 ASTORIA PARK DRIVE, Bakersfield, CA 93311
MLS# 202608048Listed by: CHADDICK WILLIAMS REALTY - New
$480,000Active4 beds 3 baths2,227 sq. ft.3515 BATHURST AVENUE, Bakersfield, CA 93313
MLS# 202608022Listed by: REAL ESTATE PROFESSIONALS OF BAKERSFIELD - New
$465,000Active4 beds 3 baths1,998 sq. ft.5402 WINTER WHEAT AVENUE, Bakersfield, CA 93313
MLS# 202608049Listed by: WATSON REALTY - New
$109,999Active3 beds 3 baths1,280 sq. ft.4401 HUGHES LANE #8, Bakersfield, CA 93304
MLS# 202608050Listed by: CALIFORNIA HOME PROS - New
$449,900Active4 beds 2 baths1,666 sq. ft.10304 Crandon Park Drive, Bakersfield, CA 93312
MLS# NS26160879Listed by: MIRAMAR REALTY - New
$575,000Active4 beds 5 baths2,476 sq. ft.3724 ROCK MEADOW COURT, Bakersfield, CA 93308
MLS# 202608047Listed by: THE DANA REAL ESTATE & INVESTMENTS INC.