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330 Roberts Lane

Bakersfield, CA 93308
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Bed 0

Bed

Bath 0

Bath

SqFt9,785

Sqft

SqFt29,640

Sqft(Lot)

Well-positioned 18-unit multifamily investment property located in the strong rental market of North Bakersfield, offering investors the opportunity to acquire a stable, income-producing apartment building with long-term upside potential. Built in 1982, the property consists of approximately 9,785 square feet of building area situated on a 29,620 square foot lot, providing ample space for tenant parking and accessibility. The property features approximately 40 on-site parking spaces, an attractive amenity that supports tenant convenience and occupancy stability. The asset is offered at approximately $201.84 per square foot and $109,722 per unit, providing a competitive price basis compared to similar multifamily properties for sale in Bakersfield. The property is currently operating at a 6 % cap rate, making it an appealing opportunity for investors seeking a cash flowing multifamily investment with reliable performance.The property benefits from 5 Section 8 units, providing stable, government-backed rental income and helping reduce vacancy risk. Bakersfield continues to experience steady demand for affordable housing, supporting consistent occupancy and long-term rental growth potential. This 18-unit apartment complex is well suited for investors seeking both passive income and future appreciation in a growing Central California rental market.The property offers convenient access to major transportation routes including California State Route 99, as well as key commercial corridors such as Airport Drive and North Chester Avenue, connecting residents to employment centers, schools, shopping, and everyday services throughout the Bakersfield area. Nearby amenities include retail, dining, and regional shopping destinations such as Valley Plaza Mall, one of the largest retail centers in the San Joaquin Valley. The surrounding neighborhood consists of established residential communities with consistent rental demand and ongoing growth, supporting long-term investment performance. This residential income property presents a compelling opportunity for investors seeking a Bakersfield multifamily investment with strong fundamentals, stable income, and future upside potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,975,000

AD Id : 77614171

MLS Id : 26669375

Lot Size : 29,640 Sqft

Living Area Size : 9,785

Year Built : 1982

County : Kern

Subdivision: Country Club Estates

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1982
    Building Area Total: 9785
    Private Pool: No

  • Lot Information

    Main Square Feet: 29640 Lot Size Acres: 0.6804 Lot Size Square Feet: 29,640

    Property Information

    Subdivision: Citrus Terrace Villa Source Property Type: Residential Income Levels: Multi/Split Property Age: 44

  • Listing Price Information

    Listing Price: $1975000

  • Tax Information

    Parcel Number: 11408011006

  • Location Information

    Direction: From CA-99, take the Roberts Ln exit, head east on Roberts Ln; property is located near the intersection of Roberts Ln & Locust St in North Bakersfield (Oildale area). WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Lucadia Avenue, Bakersfield, CA, 93308 $859,000 4 2 1,800 1,800 SqFt
Decatur Street, Bakersfield, CA, 93308 $224,900 4 2 1,418 1,418 SqFt
Deville Court, Bakersfield, CA, 93308 $499,999 3 3 2,293 2,293 SqFt
Woodrow Avenue, Bakersfield, CA, 93308 $299,500 2 1 896 896 SqFt
Woodrow Avenue, Bakersfield, CA, 93308 $250,000 2 1 896 896 SqFt
3479 Poso Flat Road, Bakersfield, CA, 93308 $1,500,000 5 3 3,086 3,086 SqFt
434 Bella Posta Drive, Bakersfield, CA, 93308 $1,057,000 3 2 3,308 3,308 SqFt
3001 Woody Granite, Bakersfield, CA, 93308 $950,000 3 2 2,416 2,416 SqFt
10921 Olcese, Bakersfield, CA, 93308 $900,000 2 2 791 791 SqFt
9701 S Granite, Bakersfield, CA, 93308 $850,000 3 3 2,916 2,916 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 19:31

MLS: 26669375 LISTED BY: Erwin De Leon, Nest Real Estate 951-363-3110 SOURCE: CRMLS

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