3600 Panama Ln
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3600 Panama Ln
5 Unit Apartment Building $712,500 ($142,500/Unit) Bakersfield, CA 93313
Investment Highlights
- 5 unit complex
- 2 bedroom, 1.5 bath units
- SW Bakersfield
Executive Summary
5 unit complex in SW Bakersfield. Each unit is 2 stories. 2 bedroom, 1.5 bath. Each unit has a garage and uncovered parking. Close to area amenities including local shopping centers, restaurants, and thoroughfares.
Similar properties are available for sale at 3604 Panama Lane, 3608 Panama Lane, and 3612 Panama Lane.
Similar properties are available for sale at 3604 Panama Lane, 3608 Panama Lane, and 3612 Panama Lane.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $712,500 | Building Class | C |
| Price Per Unit | $142,500 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,837 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1985 |
| Price | $712,500 |
| Price Per Unit | $142,500 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,837 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 5 | $1,096 | - |
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PROPERTY TAXES
| Parcel Number | 371-352-14-00-2 | Improvements Assessment | $220,684 (2024) |
| Land Assessment | $62,393 (2024) | Total Assessment | $283,077 (2024) |
PROPERTY TAXES
Parcel Number
371-352-14-00-2
Land Assessment
$62,393 (2024)
Improvements Assessment
$220,684 (2024)
Total Assessment
$283,077 (2024)
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3600 Panama Ln
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