20-Unit Multi-Family Investment Opportunity

3900 & 3904 Panama Ln, Bakersfield, CA 93313

Property Information

  • For Sale $3,850,000
  • Property Type Other
  • Property Size 17,460 SF
  • Lot Size 1.14 SF
  • Parking Spaces Avail. 46
  • Year Built 1985
  • Date Updated Sep 27, 2026

Description

3900 & 3904 Panama Ln is a garden style apartment community located in Bakersfield’s premier Southwest submarket. The properties are situated on two (parcels) totaling +/- 1.14 acres of land and delivers an estimated 17,460 square feet across 8 buildings (four buildings with ten units on each parcel). All units consist of 2 beds and 1 bath. Project is currently at 100% occupancy.

The property features updated interiors on majority of units, including vinyl flooring, carpet, and updated kitchens and bathrooms with new fixtures and granite countertops. New
composition roof was installed in 2010.

Additional upgrades include all exterior siding refurbished in 2021 with new exterior paint, and new rain gutters in 2024. Parking lot was restriped in 2023. Various HVAC units have been replaced over the years.

Contacts

Location

Located at 3900 & 3904 Panama Ln, Bakersfield, CA 93313, this property is part of the The Seasons neighborhood and Central Valley market.

Contact 20-Unit Multi-Family Investment Opportunity
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