701 Planz Rd, Bakersfield, CA 93304 | For Sale

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For Sale $5,600,000

$5,600,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 2 Sq Ft
  • Unknown Cap Rate

Description

The Cedarvale Apartment complex (built in 1983) features 40 two bed, one bath units contained within 10 buildings in an attractive setting surrounded by mature trees & lawns. All roofs were replaced in 2019 & new A/C units were installed on all buildings. Each building has two ground floor units & two second floor units w/balconies. Each unit has granite countertops & hard surface tile/wood flooring throughout (no carpet in any unit). The property is gated & located adjacent to South High school w/easy access to Highway 99 which now links up to the Westside Parkway providing quick commutes to most areas of Bakersfield. There's plenty of parking with 73 spaces, 37 of which are covered. Bakersfield continues to grow as a top destination for affordable housing & business friendly policies throughout Central & Southern California. This property consists of two separate APNs: 025-210-03, 025-210-04 w/a combined building square footage of 36,640 sf.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $5,600,000
Property Type Other
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 73 spots
Year Built 1983
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 02521003
MLS # V128933
Property ID 321395585
Lot Sqft 2
Zoning R-3, R-2
Days on Market 332
Original List Price $5,600,000
Date Updated March 30, 2025
Date Created March 27, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

William Gordon an agent of . Lic #01854520


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 30, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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