The Chateau Villa Apartments
Type: Multifamily
420-426 South Real Road Bakersfield, CA 93309
Total Number of Units: 64
Year Built: 1963
Sale Price: $9,500,000
Price per Unit: $148,438
Price per Square Foot: $204.85
CAP Rate: 6.03%
GRM: 10.46
Downpayment: $3,800,000
Net Operating Income: $572,604
Rentable Square Feet: 46,376
Lot Size: 3.17
Unit Type
2B1B
2B1B(LRG)
No. of Units
52
12
Le Investment Group is proud to present The Chateau Villa Apartments at 420-426 South Real Road, Bakersfield, CA—a unique and well-maintained multifamily investment opportunity, offering 64 spacious two-bedroom units in one of Bakersfield’s most desirable rental markets. Built in 1963, this 15-building community seamlessly blends classic mid-century architecture with modern enhancements, delivering both aesthetic appeal and long-term operational efficiency.Every unit is designed with spacious living areas, ample storage, and private balconies or patios in select units, ensuring a comfortable and functional living environment. With a mix of standard and upgraded layouts, the property appeals to families, young professionals, and long-term renters seeking affordability and quality in Bakersfield’s growing rental market.
