3604 Panama Lane, Bakersfield, CA 93313
Local realty services provided by:CENTURY 21 Affiliated
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!...
Contact an agent
Home facts
- Year built:1985
- Listing ID #:IG26138251
- Added:10 day(s) ago
- Updated:July 05, 2026 at 10:35 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Electric Range
- Living area:4,837 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- 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:All Bedrooms Up, Quartz Counters
Parking
- Total parking spaces:10
- Garage:Yes
- Garage spaces:10
New listings near 3604 Panama Lane
- New
$65,000Active2 beds 2 baths5000 PIERCE ROAD #16, Bakersfield, CA 93308
MLS# 202607222Listed by: UNITED REAL ESTATE CONSULTANTS - New
$439,950Active4 beds 2 baths2,030 sq. ft.3523 Floral Meadow, Bakersfield, CA 93308
MLS# PI26145501Listed by: BRIMHALL REALTY - New
$535,000Active5 beds 4 baths3,082 sq. ft.1800 COUNTRY CLUB DRIVE, Bakersfield, CA 93306
MLS# 202607217Listed by: BROKER X - New
$429,000Active3 beds 4 baths1,926 sq. ft.9012 CAYMUS COURT, Bakersfield, CA 93312
MLS# 202607218Listed by: 661 REALTY - New
$280,000Active3 beds 3 baths1,344 sq. ft.0 717 IRIS ST., Bakersfield, CA 93308
MLS# 202607219Listed by: KELLER WILLIAMS REALTY - New
$87,000Active2 beds 2 baths1,008 sq. ft.6601 Eucalyptus Dr #92, Bakersfield, CA 93306
MLS# 226084479Listed by: REAL BROKERAGE TECHNOLOGIES
$55,000Pending3 beds 3 baths1,056 sq. ft.8536 KERN CANYON ROAD #2, Bakersfield, CA 93306
MLS# 202607215Listed by: MIRAMAR INTERNATIONAL CALLOWAY- New
$360,000Active4 beds 3 baths1,650 sq. ft.3405 KENNEDY AVENUE, Bakersfield, CA 93309
MLS# 202607214Listed by: GOLDEN VALLEY REAL ESTATE GROUP - New
$425,000Active3 beds 3 baths1,600 sq. ft.5403 ROCKWELL DRIVE, Bakersfield, CA 93308
MLS# 202607213Listed by: 661 REALTY - New
$409,995Active2 beds 4 baths2,140 sq. ft.13802 SUMMIT VILLAGE ROAD, Bakersfield, CA 93306
MLS# 202606941Listed by: OPEN DOOR REAL ESTATE