3518 N Chester Ave Bakersfield, CA 93308

Building Details

Year Built

1968

Listing agency ASU Commercial Show Phone

Listed by Marc Thurston · License #CA 01099353

Source Crexi

Added: Feb 5 Updated: Jul 21 at 10:25PM Checked: Jul 22 at 2:11PM

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Investment Insights

Based on property information with market context.

3518 N. Chester Ave is a six-unit apartment building constructed in 1968. The property consists of six 1-bedroom, 1-bath apartments and is offered with current rents stated in the $700–$850 range. A capital improvement plan is in place, including new electrical subpanels scheduled for completion by early April 2026.

The offering is presented as a value-add multifamily opportunity with in-place income and the ability to pursue gradual rent growth over time. For buyers evaluating affordable entry pricing and unit-level rent management, this asset provides a straightforward small-bay apartment configuration.

From an operational standpoint, the building is a 6-unit residential income property with a uniform 1-bedroom, 1-bath unit mix and documented electrical improvements planned for the near term.

Key Highlights

• 6‑unit apartment building built in 1968 with six 1‑bedroom, 1‑bath units
• Current rents range from $700–$850
• Capital improvement plan includes new electrical subpanels scheduled for completion by early April 2026

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FAQs

What type of property is this?

Apartment building - Six 1-bedroom, 1-bath units in a 1968-built apartment building with planned electrical subpanel upgrades.

Where is this apartment building located?

The property is located at 3518 N Chester Ave Bakersfield, CA.

What are key features of this property?

This property features: 6‑unit apartment building built in 1968 with six 1‑bedroom, 1‑bath units; Current rents range from $700–$850; Capital improvement plan includes new electrical subpanels scheduled for completion by early April 2026