20-Unit Multi-Family Investment Opportunity

For Sale

3900 & 3904 Panama Ln, Bakersfield, CA 93313

This Bakersfield property for sale is located at 3900 & 3904 Panama Ln. The current listed sale price for 20-Unit Multi-Family Investment Opportunity is $3,850,000. 20-Unit Multi-Family Investment Opportunity is situated on a lot that is 1.14 square feet in size.

Contacts

Jason Alexander
David Williams

Property Details

  • Property Type Other
  • Property Size 17,460 SF
  • Lot Size 1.14 SF
  • Parking Spaces Avail. 46
  • Year Built 1985
  • Date Updated Oct 3, 2026

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.

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Getting around

  • 60/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 43/100

    Bike Score ®

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Location

  • City Bakersfield, CA
  • Neighborhood The Seasons
  • Zip Code 93313
  • Market Central Valley

Points of Interest

  • Bakersfield

    5.67 miles

  • Costco Gasoline

    0.65 miles

  • Circle K

    0.78 miles

  • Chevron

    0.82 miles

  • Shell

    1.02 miles

  • Valero

    2.08 miles

  • Arco

    2.22 miles

  • Mobile

    2.27 miles

  • Bakersfield, CA - Camino Del Rio Ct Supercharger

    5.98 miles

  • Stockdale Road Park and Ride

    4.00 miles

  • Lot I

    4.70 miles

  • Lot L

    4.77 miles

  • Lot H

    4.80 miles

  • Lot K2

    4.85 miles

  • Lot K3

    4.87 miles

  • Lot K1

    4.91 miles

  • Lot G

    4.96 miles

  • Lot J

    5.00 miles

  • Lot F

    5.04 miles

  • Vagabond Inn Bakersfield South

    1.00 miles

  • Holiday Inn Express

    1.59 miles

  • Howard Johnson Express Inn - Bakersfield

    1.65 miles

  • Bakersfield Inn & Suites

    1.74 miles

  • Super 8 by Wyndham Bakersfield South CA

    1.77 miles

  • Country Inn & Suites

    2.66 miles

  • Econo Lodge near Bakersfield Fairgrounds

    3.34 miles

  • Ramada Limited Bakersfield Central

    3.45 miles

  • Knights Inn Bakersfield

    3.47 miles

  • Super 8

    4.03 miles

  • Albertsons

    0.24 miles

  • Sprouts Farmers Market

    0.26 miles

  • Walmart Supercenter

    0.95 miles

  • Aldi

    1.10 miles

  • Vallarta

    1.51 miles

  • WinCo Foods

    1.84 miles

  • Food Co

    1.88 miles

  • Vons

    1.90 miles

  • FoodMaxx

    2.20 miles

  • Rancho Market

    2.67 miles

Contact 20-Unit Multi-Family Investment Opportunity
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