$1,975,000

330 Roberts Ln Bakersfield, CA 93308

Estimated payment $13,417/month

Total Views 1,932
-- Bed
-- Bath
9,785 Sq Ft
$202 Price per Sq Ft

Highlights

  • Air Conditioning
  • Central Heating
  • Laundry Facilities

About This Home

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.

Listing Agent

Daniel DeLeon

Exp Commercial of California, Inc. License #01512017 Listed on: 03/24/2026

Exp Commercial of California, Inc.

Co-Listing Agent

Priscilla Cervantes

PAK Home Realty License #02005680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 29,640 Sq Ft Lot

Parking

  • 40 Parking Spaces

Interior Spaces

  • 9,785 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 11408011006

Community Details

Overview

  • 4 Buildings
  • 18 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0.68 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 9785
  • Lot Acreage: 0.6800
  • Probate: No
  • Stories: 2
  • Year Built: 1982
  • Builders Tract Name: Citrus Terrace Villa
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: Attached
  • Laundry: Community
  • Equipment: Range/Oven
  • Price Per S Q F T: 201.84

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 40

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 90.12
  • Assessed Improvement Value: 1383814
  • Assessed Land Percent: 9.88
  • Assessed Land Value: 151752
  • Total Assessed Value: 1535566
  • Assessor Parcel Number: 11408011006
  • Lot Size Area: 29640

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.22
  • Number Of Units: 18
  • Type Of Units: 1/1
  • Vacancy Allow Percent: 5.56

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,750 $1,535,566 $151,752 $1,383,814
2024 $32,750 $1,505,458 $148,777 $1,356,681
2023 $31,798 $1,475,940 $145,860 $1,330,080
2022 $23,099 $841,500 $82,620 $758,880
2021 $21,726 $825,000 $81,000 $744,000
2020 $20,632 $810,000 $122,000 $688,000
2019 $20,624 $810,000 $122,000 $688,000
2018 $22,976 $810,000 $122,000 $688,000
2017 $22,256 $810,000 $122,000 $688,000
2016 $11,023 $495,000 $74,250 $420,750
2015 $11,924 $590,000 $90,000 $500,000
2014 $11,799 $590,000 $90,000 $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $1,975,000 -- $202 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26669375

The MLS
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