This Multifamily Property is no longer advertised on LoopNet.com.

3321 Chester Ln
Bakersfield, CA 93309
Multifamily Property For Sale · 16 Units

Investment Highlights

  • Excellent Unit Mix 100% Townhomes Style (2+1.5)
  • Inside laundry hooks
  • Priced Below Replacement Cost at $131 Cost Per Square Foot
  • Built in 1984, Spacious Units with Central Heat and AC
  • Large 40,000 Sf Lot
  • Approximately 22% Upside in Rents- 8.86 GRM Actual/7.67 GRM Equalized Rents

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.92 AC
Building Size 16,800 SF
Average Occupancy 100%
No. Stories 2
Year Built 1984
Parking Ratio 1.96/1,000 SF
Zoning R-2

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 16 $1,203 950

Property Taxes

Property Taxes

Parcel Number
020-140-40-00-3
Land Assessment
$326,400
Improvements Assessment
$1,713,600
Total Assessment
$2,040,000
  • Listing ID: 30673952

  • Date on Market: 1/16/2024

  • Last Updated:

  • Address: 3321 Chester Ln, Bakersfield, CA 93309

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