$712,000
SOLD AUG 19, 2024

3612 Panama Ln Bakersfield, CA 93313

Venola Neighborhood
-- Bed
-- Bath
4,837 Sq Ft
0.29 Acres

Recently Sold

$147 Per Sq Ft

39 Days on Market

About This Home

As of August 2024

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.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 05/17/2024

Last Buyer's Agent

Pete Peralta

Miramar International-Riverwal License #1307225

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,837 Sq Ft Home
  • 2-Story Property

Schools

  • Loudon Elementary School
  • Thompson Middle School
  • Ridgeview High School

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 37135211

Community Details

Overview

  • 5 Units
  • 4435 A Subdivision

Building Details

  • Gross Income $67,764
  • Net Operating Income $61,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4837.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: 0500 - 1 PARCEL W/5-9 UNIT COMPLEX
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 37135211

Multi Family

  • Total Annual Expense: 6146.81
  • Vacancy Factor: 0.01
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 67764.00
  • Property Net Operating Income: 61617.19

MLS Schools

  • Elementary School: Loudon, Roy W.

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $712,000 -0.1% $147 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $712,500 -- $147 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Freedman

    American Real Estate

    (661) 497-0000

    3 in this area

    123 Total Sales

    Michael Freedman
    Section Image
  • Pete Peralta

    Buyer's Agent in 2024

    Pete Peralta

    Miramar International-Riverwal

    (661) 805-1053

    7 in this area

    180 Total Sales

    Pete Peralta
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404921

Bakersfield Association of REALTORS® / GEMLS

California Kern County Bakersfield 93313 Venola

3612 Panama Ln, Bakersfield, CA

This home is located at 3612 Panama Ln, Bakersfield, CA 93313 and is currently priced at $712,000, approximately $147 per square foot. This property was built in 1985. 3612 Panama Ln is a home located in Kern County with nearby schools including Roy W. Loudon Elementary School, Fred L. Thompson Junior High School, and Ridgeview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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