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Financial
Distress signals
Property profile

3900 Panama Ln Bakersfield, CA 93313

FOR SALE
Apartment buildings
Property ID
US09-2486310
8,730 SF 0.57 ac lot Built 1984
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3900 Panama Ln, Bakersfield, CA 93313 For Sale
$3,850,000 8,730 SF
3900 Panama Ln, Bakersfield, CA 93313
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$653k
Assessed land$79k
Assessed improvement$574k
Effective rate1.70%

Value estimate

· Oct 2026
$1.34M
$1.21M – $1.47M
CAP approach$1.37M
Submarket $/SF estimate$1.29M
NOI build-up
Gross scheduled income$333k
Vacancy & credit loss−$10k
Operating expenses−$145k
NOI · 4.61% cap applied$178k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$205/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$147 – $261

Cap rate analysis

How does the asset earn?
4.61%
$178k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-2
R-2 (Small Lot Single-Unit Dwelling) Zone. The purpose of the R-2 zone is to provide land areas for the use and occupancy of single-unit ...
General categoryRESIDENTIAL
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.2
Realty agency22.9
Hair Salon18.1

Location

3900 Panama Ln Bakersfield, CA 93313
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3604 Panama, Bakersfield, CA 93313-3505 $730,000 Dec 2024 4,837 SF
3612 Panama, Bakersfield, CA 93313-3526 $712,000 Aug 2024 4,837 SF
3608 Panama, Bakersfield, CA 93313-3503 $712,000 Aug 2024 4,837 SF
6409 Castleford, Bakersfield, CA 93313-3675 $720,000 Jan 2022 6,124 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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