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1201 40th St
Bakersfield, CA 93301 Homaker Park

Price Upon Request

Apartments For Sale  •  231,200 SF

Property Details

• Property Type Apartments
• Total Building Size 231,200 SF
• Lot Size 12.98 AC
• Building Class B
• Year Built 1986
• Zoning R-3

37 Transit Score

70 Walk Score

Highlights

Rare 240-Unit, 100% Affordable Community in supply-constrained Bakersfield

Prime LIHTC Re-Syndication Opportunity

Strong Regulatory Clarity & Compliance

Durable, Long-Term Demand Drivers supported by Bakersfield’s diverse employment base and chronic shortage of affordable housing

Strategically Positioned for 4% Bond Re-Syndication, enabling modernization, reserve replenishment, and long-term operational sustainability

Property Flyers

Executive Summary

Amenities

• Air Conditioning
• Balcony
• Cable Ready
• Clubhouse
• Courtyard
• Dishwasher
• Disposal
• Laundry Facilities
• Picnic Area
• Playground
• Property Manager on Site
• Storage Space
• Gated
• Heating
• Grill
• Ceiling Fans
• Kitchen
• High Speed Internet Access
• Refrigerator
• Oven
• Range
• Tub/Shower
• Carpet
• Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.4 mi
Airport	Drive	Walk	Distance
Meadows Field	14 min	-	5.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	240
Type:	Surface
Included in Rent:	Yes