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Explore Similar Apartments Within 2 Miles of South Panama Lane, CA

  • /6

    $699,000

    • 3,168 Sq Ft

    4418 White Ln, Bakersfield, CA 93309

    Fantastic investment opportunity! This triplex features three spacious units, each offering 3 bedrooms, 2 bathrooms, a 1-car garage, private fenced backyard, and convenient indoor laundry hookups. Every unit comes equipped with a stove and dishwasher, providing tenants with modern comforts that encourage long-term residency. Two of the units have long-term tenants and include newer HVAC systems

    Jared Cope The Cope Real Estate Team

    4418 White Ln, Bakersfield, CA 93309
  • /8

    $665,000

    • 6 Beds
    • 4 Baths
    • 2,532 Sq Ft

    3840 White Ln, Bakersfield, CA 93309

    **Fantastic Investment Opportunity in Bakersfield!**Take advantage of this unique chance to own a fourplex where you can live in one unit and rent out the other three. Here are the highlights:One is a 3+1. Live in one while generating rental income from the other three 1-bedroom, 1-bath units.- **Established Tenants**: Benefit from the stability of long-term tenants already in place.- **This

    Armani Amezcua Century 21 Masters

    3840 White Ln, Bakersfield, CA 93309

Why Live in South Panama Lane

South Panama Lane in Bakersfield is a vibrant neighborhood located just 15 minutes south of the city center. This area celebrates its Latin heritage with a variety of ethnic locales, including food trucks and stores centered around Panama Lane. The neighborhood features a mix of traditional and Mediterranean-influenced homes, with most residences dating back to the 60s, 70s, and 80s. Newer constructions showcase modern Tuscan styles while maintaining classic Spanish Revival elements like stucco exteriors and terracotta roofs. Homes typically have two-car garages and three-bedroom layouts, with some larger new constructions available. Families in South Panama Lane have access to schools such as Rafaello Palla Elementary, Leon H Ollivier Middle School, and Golden Valley High School, all of which have high ratings. The area is safer than the national average, providing a low crime risk environment for residents. Outdoor enthusiasts can enjoy nearby Stiern Park and Rexland Acres Park, which offer playgrounds, paved paths, and views of the Sequoia National Forest. For more extensive outdoor adventures, the Sequoia and Los Padres National Forests are within reach, and the Pacific coast is a two-hour drive away. The neighborhood's features include diverse dining and shopping options that highlight its Latin roots. Local favorites like Mariscos Las Caqualitas and Vallarta Supermarkets offer a taste of the local flavor. Residents also benefit from proximity to the historic Golden State Highway 99, connecting them to Downtown Bakersfield in under 15 minutes. Public transportation is accessible with several bus stops along Panama Lane, and Meadow Field Airport is a few miles north for domestic flights.

Home Trends in South Panama Lane, CA

Housing Trends

Median Sale Price
$393,520
Median Single Family Sale Price
$387,740
Average Price Per Sq Ft
$266
Number of Homes for Sale
8
Last 12 months Home Sales
58
Months of Supply
1.70
Median List Price
$385,210
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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