Active

330 Roberts Lane

Bakersfield, CA 93308
Mark as Favorite
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 : Residential Income

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

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Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Other
  • Heating Source

    Central Has Heating

  • Building Information

    Year Built: 1982 Building Area Total: 9,785
  • Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6804
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 29640

  • Listing Price Information

    Original List Price: 1,975,000 Listing Contract Date: 2026-03-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 11408011006

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BKSF - Bakersfield Directions: 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). Zoning: R-3 Source Property Type: Residential Income Area: BKSF - Bakersfield
  • Building and Construction

    Property Age: 44 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 9785 Property Attached: Yes Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Woodrow Avenue, Bakersfield, CA, 93308 $269,000 2 1 896 896 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
Lucadia Avenue, Bakersfield, CA, 93308 $859,000 4 2 1,800 1,800 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
1031 Elizabeth Court, Bakersfield, CA, 93308 $364,999 3 2 1,518 1,518 SqFt
916 Alandale Avenue, Bakersfield, CA, 93308 $339,900 3 2 1,219 1,219 SqFt

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ByOwner last updated this listing 06/06/2026 @ 13:36

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

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