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701 Planz Rd
Bakersfield, CA 93304 Wible Orchard

$5,290,000 USD

Apartments For Sale  •  36,640 SF

Property Details

• Property Type Apartments
• Total Building Size 36,640 SF
• Lot Size 1.9 AC
• Building Class C
• Year Built 1983
• Cap Rate 7.46 %
• Zoning R-3

30 Transit Score

40 Walk Score

Highlights

Great Unit Mix

Separately metered

Upside in rents

Property Flyers

701 Planz RD OM

Financial Summary (Actual)

Net Operating Income: $394,476 USD (2026)

Cap Rate:	7.46 %
Total Expenses:	$150,916 USD

Amenities

• 24 Hour Access
• Balcony
• Tenant Controlled HVAC
• Gated
• Heating
• Kitchen
• Refrigerator
• Oven
• Range
• Tub/Shower
• Freezer
• Patio
• Walk-Up
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	4.5 mi
Airport	Drive	Walk	Distance
Meadows Field	21 min	-	10.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	36
Type:	Surface
Included in Rent:	Yes