330 Roberts Ln - Apartments FOR SALE


Bakersfield, CA 93308- Oildale
$1,975,000 USD
310-387-3060
330 Roberts Ln, Bakersfield, CA for Sale
$1,975,000 USD
Apartments - FOR SALE
1/27
null | 6% Cap Rate

330 Roberts Ln
Bakersfield, CA 93308
Oildale


HIGHLIGHTS

  • Renovated 2021
  • 40 Parking Spaces
  • 18 Units

OVERVIEW

Well-positioned multifamily investment opportunity located in the strong rental market of North Bakersfield. Built in 1982, the property consists of approximately 9,785 square feet of building space situated on a 29,620 square foot lot, providing ample space for tenant parking and accessibility. The property offers approximately 40 on-site parking spaces, a highly desirable feature for tenant convenience and occupancy stability. The asset benefits from 5 Section 8 contracts, offering stable, government-backed rental income and helping reduce vacancy risk. Bakersfield continues to experience steady demand for affordable housing, making this an attractive opportunity for both new and experienced investors seeking reliable cash flow and long-term stability. The property provides convenient access to major transportation routes including California State Route 99, as well as primary corridors such as Airport Drive and North Chester Avenue, allowing residents efficient connectivity to employment centers, retail, and daily amenities throughout the Bakersfield area. Nearby shopping, dining, and services are easily accessible, with regional retail located at Valley Plaza Mall, one of the largest shopping destinations in the San Joaquin Valley. Surrounded by established residential neighborhoods, the property benefits from consistent rental demand and ongoing area growth, supporting long-term investment performance and value appreciation.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

18

PRICE/UNIT

$109,722

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,638 SF

ZONING

R-3

APN/PARCEL ID

114-080-11-00-6

ASK ABOUT THIS PROPERTY

Daniel DeLeonNest Real EstateMore Info
310-387-3060

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Daniel DeLeonNest Real EstateMore Info
310-387-3060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.