New

$1,975,000

For Sale

15 hours ago

330 Roberts Ln, Bakersfield, CA

Name: 330 Roberts Ln, For Sale in Bakersfield - eXp Realty
Brand: Exp Commercial of California, Inc.
SKU: 26669375
Price: 1975000 USD

House

MLS® 26669375

0 Bed

0 Bath

9785 sqft

40 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 9785 sqft

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1982

Avg. Price Per Sqft $201

MLS® Number 26669375

Property Address: 330 Roberts Ln, Bakersfield, CA, 93308

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number26669375

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1982

Basement

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 20, 2026List Date

$1,975,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Erwin De Leon

[email protected]

310-387-3060

Listing Agent

Priscilla Cervantes

[email protected]

661-565-0123

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