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4424 White Ln - 4424 White Lane 3 Unit Apartment Building Offered at $645,000 at a 4.70% Cap Rate Bakersfield, CA 93309

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Investment Highlights

  • Well-maintained triplex in desirable Southwest Bakersfield
  • Central HVAC systems in good condition
  • Garage doors replaced in recent years
  • Each unit comes with private 1-car garage
  • Exterior recently color-coated/painted
  • Professionally managed property

Executive Summary

Fantastic modern-built triplex located in desirable Southwest Bakersfield. Each unit features 3 bedrooms, 1.75 baths, and a private 1-car garage. Property was built in 1992 with tile roof and central HVAC systems in good condition. Exterior was recently color-coated/painted and garage doors were replaced in recent years. Professionally managed property offering stable income with long-term investment potential. Gas and electricity separately metered; water master metered.

Financial Summary (Pro Forma - 2025)

Annual Annual Per SF
Gross Rental Income $51,588 $16.28
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,588 $16.28
Taxes $9,922 $3.13
Operating Expenses $11,387 $3.59
Total Expenses $21,309 $6.73
Net Operating Income $30,279 $9.56

Financial Summary (Pro Forma - 2025)

Gross Rental Income
Annual $51,588
Annual Per SF $16.28
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $51,588
Annual Per SF $16.28
Taxes
Annual $9,922
Annual Per SF $3.13
Operating Expenses
Annual $11,387
Annual Per SF $3.59
Total Expenses
Annual $21,309
Annual Per SF $6.73
Net Operating Income
Annual $30,279
Annual Per SF $9.56

Property Facts

Price $645,000
Price Per Unit $215,000
Sale Type Investment
Cap Rate 4.70%
Gross Rent Multiplier 12.5
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.21 AC
Building Size 3,168 SF
Average Occupancy 100%
No. Stories 1
Year Built 1992
Zoning R-2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 3 $1,412 1,056

Property Taxes

Property Taxes

Parcel Number
403-242-17-00-1
Land Assessment
$111,502
Improvements Assessment
$348,469
Total Assessment
$459,971
Annual Taxes
$9,922 ($3.13/SF)
Tax Year
2025
  • Listing ID: 39665875

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 4424 White Ln, Bakersfield, CA 93309

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