3231 E Panama Ln, Bakersfield, CA 93307
Property image
Property image
OFF MARKET

3231 E Panama Ln
Bakersfield, CA 93307

  • Studio

$714,400

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $4,420/mo*
Refinance Your Home

$714,400

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $4,420/mo*
Refinance Your Home
Studio

Local Information

  • Map ViewExplore the area around 3231 E Panama Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

2 great opportunities-2 separate APN's. A 15 plus acre farm land (Ag zoned) with canal water, also with 2.5 plus acre property (M1 Zoned) with a +/- 5000 (profile says 3474, buyer to verify) SqFt. home. Several out building, large bunk house, set of corals, 2 mobile home, well and septic. Formerly used at a men's home under a CUP. Owner prefers to sell both properties together (APN's 518-010-13 (2.64 acres)) and 518-010-14 (15.4 acres)). Could be used a boys home, retirement facility and half way house and with the farm land (2 separate parcels) it could be partially self supporting. There is a good opportunity here to develop a desirable and profitable operation. Or a beautiful Ranch type home w/Ag land!
3231 E Panama Ln, Bakersfield, CA 93307 is a studio multi-family built in 1948. It is currently off market. The Trulia Estimate is $714,400, with a rent estimate of $1,427/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 3231 E Panama Ln

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Multi Family

Price History for 3231 E Panama Ln

DatePriceEventSource
08/01/2022ListingRemovedBakersfield AOR #202113453
05/18/2022$895,000PriceChange
Bakersfield AOR #202113453
04/22/2022$950,000PriceChange
Bakersfield AOR #202113453
01/06/2022$1,000,000Listed For SaleBakersfield AOR #202113453
12/30/2014$1,150,000ListingRemovedAgent Provided
10/23/2014$1,150,000PriceChange
Agent Provided
07/12/2014$1,250,000Listed For SaleAgent Provided

Market trends in Bakersfield

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$393K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$230
$1MoM
Available listings
1408
15MoM
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Comparable Sales for 3231 E Panama Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
37 Garden Dr, Bakersfield, CA
2.02
Multi-Family Home
$435,000
10/31/25
-
1,859
3604 Horne St, Bakersfield, CA
2.17
Multi-Family Home
$200,000
04/20/26
3
2
1,775
3409 Lotus Ln, Bakersfield, CA
2.33
Multi-Family Home
$450,000
03/23/26
-
-
600 Hosking Ave #BL39, Bakersfield, CA
2.43
Multi-Family Home
$829,000
04/07/26
10
8
4,432
140 McKee Rd, Bakersfield, CA
2.50
Multi-Family Home
$140,000
04/27/26
3
1
1,640
128 White Ln, Bakersfield, CA
2.59
Multi-Family Home
$1,575,000
03/27/26
-
6,208
Anderson St, Bakersfield, CA
2.22
Multi-Family Home
$25,000
11/03/25
-
-
3604 Meeks Ave, Bakersfield, CA
2.24
Multi-Family Home
$50,000
08/22/25
-
-
3501 Meeks Ave, Bakersfield, CA
2.32
Multi-Family Home
$97,500
08/22/25
-
-
1405 White Ln, Bakersfield, CA
3.20
Multi-Family Home
$18,600,000
12/10/25
-
66,991

Nearby homes

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Assigned Schools

These are the assigned schools for 3231 E Panama Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Bakersfield

At least 3511 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 83 % Say car is needed

  • 81 % Say yards are well-kept

  • 81 % Say parking is easy

  • 74 % Say it's dog friendly

  • 73 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 57 % Say it's quiet

  • 55 % Say streets are well-lit

  • 54 % Say people would walk alone at night

  • 52 % Say it's walkable to grocery stores

  • 51 % Say they plan to stay for at least 5 years

  • 48 % Say it's walkable to restaurants

  • 47 % Say neighbors are friendly

  • 26 % Say there's wildlife

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tamandsam2013
    "I don’t really know much about my neighbors. Never had any problems. It’s not my ideal area, but I love my house."
    0
    Flag
  • Davinder S.
    "This is a nice and comfortable residential area. The streets have sidewalks, parking is easy, and many yards are well-kept. It feels family-friendly, dog-friendly, and peaceful, with kids playing outside and neighbors taking care of their homes. Overall, it seems like a good place to live and stay long-term."
    0
    Flag
  • John Doe
    "Everyone speeds in these neighborhoods, very little neighborhood lighting , no speed bumps and homeless dogs and people are a problem. I hope the city can fix these issues. "
    1
    Flag
  • Robersonk16
    "It's beautiful with all the trees it's tucked away from main street traffic. The neighbors are very friendly and look out for each other "
    1
    Flag
  • Jessicagrogan82
    "I see people walking their dogs all around my neighborhood. There are also multiple dog parks in the area."
    0
    Flag
  • Stetsonpl
    "There’s a nice pocket park with trash recepticles and doggie waste bags. Our neighborhood is quiet with no through traffic."
    0
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  • Diego Pelayo
    "There are several feral dogs all over the neighborhood, is not a safe place to walk with your dog or have a pet, there is dog poop all over the sidewalks either "
    1
    Flag
  • Lucas_chambers
    "From 4th of July water wars to the holiday parades. This community is highly active with engagements all year long."
    0
    Flag
  • joseph fuentes
    "Fast and easy. Freeways are not normally packed. There’s is tho cops with radar ready to give out tickets "
    0
    Flag
  • Tqhf2bbdzs
    "There is a small park with grass they can go to. The neighborhood goes in a loop. Perfect for walking the dogs. "
    0
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  • John Doe
    "Safe Halloween, and lots of family activities held by city of Bakersfield and kern county. I’ve lived in Los Angeles county before I bought a home here in Bakersfield, and Bakersfield is hands down way better than Los Angeles County "
    1
    Flag
  • Danielbarba214
    "Always be alert and keep good communication with your family members and friends and around the neighborhood "
    0
    Flag
  • Natalee Miller
    "I like that my neighbors are quiet and mind their own business. It makes me feel secure knowing i won’t have to have a small talk convo with some random person. "
    1
    Flag
  • Susanna Escobar
    " Most of all neighbors have lived here for more than 20 years and we pretty much look out for each other schools are pretty close "
    1
    Flag
  • Bowler70
    "We have some things for seniors to get interested in at our club house. They have a library for the seniors and other events there for them."
    1
    Flag
  • Dlbrown261
    "Many community events including weekly water aerobics classes at the pool, weekly crafting classes and wood shop and monthly dinners."
    0
    Flag
  • Mattclough72
    "Good people, quality houses. I love how much o feel at home. I love Halloween and Christmas I love to be loved and I love to live here in the comfort of the neighborhood."
    0
    Flag
  • Arturo Ramirez
    "There is Too many homeless everywhere all day roaming near these apartments and they are always digging in our trash cans "
    0
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  • Cid Alarid
    "I dont commute anymore I amretired from the workforce - i moved from los angeles to live here so therefore I dont commute- but if i did drive in bakersfield-the drive would be fine and traffic free"
    0
    Flag
  • Alma Castro
    "I have not attended any community events in my area. I do not know if any events that happen around my area"
    0
    Flag
  • Aazusana
    "I see most of the homes decorated for the holidays and children riding bikes. Very quiet, clean, maintained yards and trimmed trees. I feel safe and happy here. "
    0
    Flag
  • Auroraaureleus
    "Friendly, family oriented neighborhood. Our family has lived in this neighborhood for over 5 years. We love it. I love this area. Everything is nearby as far as groceries and shopping goes. Schools are great! Our neighbors have also always been amazing. We all look out for one another. "
    9
    Flag
  • John Meadows
    "Becoming less and less safe. Do not open your door to anyone you do not know. You need an alarm system and dogs."
    12
    Flag
  • Miguelcejaa91
    "This neighborhood is very quiet but the neighbors are nosy. Most don’t even acknowledge you when you wave or they act like they don’t see you."
    10
    Flag
  • Trulia User
    "this is such a good neighborhood. clean yards, children playing, people walking their dogs. it's just a good atmosphere. lot's of trees. just beautiful. "
    2
    Flag
  • Trulia User
    "It’s dog friendly with a lot of dog owners. There are multiple dog parks nearby within a couple of miles away. There are also many different walkways and routes to walk your dog and keep things interesting for walking your dogs. "
    5
    Flag
  • Trulia User
    "the commute is fantastic very good and convenient . and clean environment rapid and neighborhood friendly "
    2
    Flag
  • Trulia User
    "good neighborhood, very quiet not too much drama around neighbors not too friendly.... i have been living here for 3 years already, and yards have good maintenance. What else can you ask for also too many stores nearby "
    1
    Flag
  • Trulia User
    "it's a tight knit community. family first. people look out for one another. everyone is friendly and mindful of one another "
    0
    Flag
  • Trulia User
    "Good place to live and raise a family if you wanna go out for the weekend this is the place downtown has so much to do "
    0
    Flag
  • Trulia User
    "it's a beautiful quiet neighborhood, even the kids outside playing are generally Peaceful. "
    0
    Flag
  • Trulia User
    "almost everyone owns a dog and a motorcycle;) u see alot of dog walking and lots of dog grooming and dog washing areas available "
    2
    Flag
  • Trulia User
    "nothing... it is a pet friendly community. most pet owners are responsible and respectful. a lot ok kids too!"
    1
    Flag
  • Trulia User
    "Like it because there’s lots of other pet owners in the area. It’s also very quiet here, even with a busy street nearby."
    1
    Flag
  • Trulia User
    "my neighborhood is nice. and seems to be a safe haven for crime. very nice neighbors. clean, safe, close to everything. Great Schools etc. "
    0
    Flag
  • Trulia User
    "very nice neighborhood. We are happy and feeling safe. Great schools and close to everything in Bakersfield."
    0
    Flag
  • Trulia User
    "nice, safe ,not in the night. I like it. I have lived here for 12 years nothing bad has happened to me. beautiful place I will say."
    0
    Flag
  • Trulia User
    "I love my neighborhood…. Everyone looks out for everyone else and it’s just a great place to live! Not to mention the old school charm and character of the homes!!!"
    0
    Flag
  • Trulia User
    "Love the neighborhood looking to buy a house with my family with a pool and a great location with great schools and shopping centers "
    1
    Flag
  • Trulia User
    "all the neighbors in this watch out for each other. I really enjoy living here and it is very quiet. "
    0
    Flag

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Homes for sale near 3231 E Panama Ln

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Off Market Homes Near 3231 E Panama Ln

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