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25-Unit Apartment Building
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4501 COLUMBUS ST, Bakersfield, CA 93306

Multifamily community with townhome-style units, varied layouts, and recent exterior improvements.

Property Size25,896 SF
Price / SF$107.47
Days on Market117

Property Features for 4501 COLUMBUS ST

General Information

Standard status Active
Size 25,896 SF
Class C
Property subtype Multifamily
Zoning r3
Occupancy 92%
Investment Type Value Add
Net Operating Income $124,577

Units

Unit Mix 7 x 2BR/2.25BA townhomes, 12 x 2BR/2BA, 5 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 25

Additional Details

Asking Price $2,783,000

Building Details

Year Built 1967
Buildings 3
Stories 2
Units 25
Tenancy Multi
Listing Agency: ASU Commercial
Listed By: Marc Thurston · License #CA 01099353
Source: Crexi
Added: May 7 Changed: Aug 30 Last Checked: Aug 30 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ASU Commercial

Investment Insights

Based on property information with market context.

This 25-unit apartment community encompasses approximately 25,896 square feet and includes a varied residential configuration. The unit mix consists of 7 two-bedroom, 2.25-bath townhomes, 12 two-bedroom, two-bath units, 5 one-bedroom, one-bath units, and 1 three-bedroom, two-bath unit. The property was built between 1966 and 1967 and is zoned r3.

Recent physical work includes exterior painting and replacement of 2 roofs. The community is located near Panorama Bluffs, Bakersfield College, and Bakersfield Country Club, with access to nearby local amenities. The offering is subject to court approval.

Key Highlights

  • 25‑unit multifamily property totaling approximately 25,896 square feet
  • Unit mix includes 7 two‑bedroom, 2.25‑bath townhomes and 12 two‑bedroom, two‑bath units
  • Additional mix includes 5 one‑bedroom, one‑bath units and 1 three‑bedroom, two‑bath unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Residential units

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby

Demographics for 93306, CA

74,623
Population
23,789
Households
3.1
Avg Household Size
32
Median Age
18%
College-Educated
77%
High-School Grad
97.3 sq mi
ZIP Area
767
Density / Sq Mi
$66,988
Median Household Income
$35,696
Median Earnings
$1,219
Median Rent
$290,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily community with townhome-style units, varied layouts, and recent exterior improvements.
Where is this apartment building located?
The property is located at 4501 COLUMBUS ST Bakersfield, CA.
What is the asking price?
The asking price for this property is $2,783,000.
What are key features of this property?
This property features: 25‑unit multifamily property totaling approximately 25,896 square feet; Unit mix includes 7 two‑bedroom, 2.25‑bath townhomes and 12 two‑bedroom, two‑bath units; Additional mix includes 5 one‑bedroom, one‑bath units and 1 three‑bedroom, two‑bath unit
(661) 889-6597 Call to check price and availability
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