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3604 Panama Ln, Bakersfield, CA, 93313

10beds
10baths
4,837sqft
$750,000
$155price/sqft
$5,598/moest. monthly cost
$223,920/yrincome needed

About This Home

5-unit **Cosmetic Fixer Property**. This is the perfect investment for someone who can bring their contractor or crew in to complete this renovation that was only partially completed by the owner. This unique investment opportunity is Located in a highly desirable area of Bakersfield. All 5 units are 2 bedrooms and 1.5 bath, most of the units have been completely remodeled but 2 units will require some degree of finishing touches to be complete, plus some exterior paint, trim, windows and landscape etc. Currently all units are VACANT. The property is situated on a good size lot and each unit has its own attached garage for convenience. This property is conveniently located within walking distance to shopping centers, dining, and huge retail and is minutes to major freeways. This investment property has a huge upside for an investor who wants to complete some upgrades in order to make it a great cash flow investment.

Getting Around

61
WalkingSomewhat Walkable
31
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

4/10
West High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 10

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 4,837
  • Total interior livable area: 4,837 sqft

Property

Details

  • Parcel number: 37135213009
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 0.29 Acres
  • Features: 2-5 Units/Acre,Near Public Transit,Street Level

Parking

  • Total spaces: 5
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5