3518 N CHESTER, Bakersfield, CA 93308
Local realty services provided by:CENTURY 21 Jordan-Link
3518 N CHESTER,Bakersfield, CA 93308
$599,000
- - Beds
- - Baths
- 3,256 sq. ft.
- Multi-family
- Pending
Listed by: marc thurston
Office: asu commercial
MLS#:202601333
Source:BF
Price summary
- Price:$599,000
- Price per sq. ft.:$183.97
About this home
Offered at $599,000 (under $100,000 per unit), 3518 N. Chester Ave presents a compelling value-add opportunity in Bakersfield. This 6-unit apartment building, constructed in 1968, features six 1-bedroom/1-bath units with current rents ranging from $700-$850, offering clear upside through gradual rent growth. The property benefits from a capital improvement plan, including new electrical subpanels scheduled for completion by early April 2026, reducing future maintenance risk and enhancing long-term stability. Well-positioned for investors seeking affordable entry pricing, solid in-place income, and the ability to increase returns over time, this asset is an attractive addition to a growing multifamily portfolio.
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Home facts
- Year built:1968
- Listing ID #:202601333
- Added:56 day(s) ago
- Updated:April 03, 2026 at 07:36 AM
Rooms and interior
- Living area:3,256 sq. ft.
Heating and cooling
- Cooling:Evaporative
- Heating:Floor/Wall Unit
Structure and exterior
- Year built:1968
- Building area:3,256 sq. ft.
- Lot area:0.21 Acres
- Levels:1 Story
Schools
- High school:North
- Middle school:Standard
- Elementary school:Highland
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$183.97
Parking
- Parking description:Uncovered
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