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Coming soon 05/04
  • Listing Provided by: Realty Executives All Cities
    $595,000

    3601 Micheli Ct, Bakersfield, CA 93309

    8beds
    4baths
    3,136sqft
    : 
    Quadruplex
    Built in 1974
    -- sqft lot
    $550,400 Zestimate®
    $190/sqft
    $-- HOA

    What's special

    Don't miss this strong income-producing 4-unit multifamily opportunity located in a desirable Southwest Bakersfield neighborhood. Offered at $595,000, this well-maintained property was built in 1974 and features a highly desirable unit mix of four (4) 2-bedroom, 1-bath units, totaling approximately 3,136 square feet. The property is currently generating $4,935 per month ($59,220 annually) in gross rental income, offering immediate cash flow for investors. With solid in-place rents and continued demand for rental housing in the area, this asset provides both stability and long-term upside potential. Each unit offers functional layouts that attract and retain tenants, contributing to consistent occupancy. The property’s configuration and location make it ideal for both seasoned investors looking to expand their portfolio and newer investors seeking a reliable entry into multifamily ownership. With Bakersfield continuing to experience growth and affordability-driven demand, this income property is a high-performing asset with strong income fundamentals and the potential for future rent growth.3601 Micheli and 3600 Micheli are being sold simultaneously by the same owner. The owner prefers to sell both properties at the same time.
    21 hours
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    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Martin Gonzalez DRE #01204139 562-843-1103,

    Realty Executives All Cities

    Source: CRMLS,MLS#: RS26094191MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,136
      • Total interior livable area: 3,136 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 10,139 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 44115125009
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs
      Location
      • Region: Bakersfield

      Financial & listing details

      • Price per square foot: $190/sqft
      • Tax assessed value: $173,913
      • Annual tax amount: $4,650
      • Date on market: 5/1/2026
      • Listing terms: Submit
      • Total actual rent: 4545
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        Estimated market value

        $550,400

        $490,000 - $622,000

        $1,460/mo

        Price history

        DateEventPrice
        1/10/2025Sold$555,000-0.9%$177/sqft
        Source: Bakersfield AOR #202409225 Report a problem
        11/6/2024Pending sale$560,000$179/sqft
        Source: Bakersfield AOR #202409225 Report a problem
        10/22/2024Price change$560,000-1.8%$179/sqft
        Source: Bakersfield AOR #202409225 Report a problem
        9/19/2024Price change$570,000-2.6%$182/sqft
        Source: Bakersfield AOR #202409225 Report a problem
        9/10/2024Listed for sale$585,000$187/sqft
        Source: Bakersfield AOR #202409225 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,650 +2.6%$173,913 +2%
        2024$4,530 +2.4%$170,504 +2%
        2023$4,425 +4.8%$167,162 +2%
        2022$4,221 $163,886 +2%
        2021-- $160,674 +1%
        2020$3,711 +1.5%$159,027
        2019$3,657 +3.4%$159,027 +4%
        2018$3,537 +1.5%$152,854 +2%
        2017$3,485 +4.5%$149,858 +2%
        2016$3,335 +1.4%$146,921 +1.5%
        2015$3,290 +2.6%$144,715 +2%
        2014$3,206 $141,881 +0.5%
        2013-- $141,240 +2%
        2012$3,136 +0.1%$138,471 +2%
        2011$3,135 +1.7%$135,757 +0.8%
        2010$3,083 +0.3%$134,743 -0.2%
        2009$3,073 +3.9%$135,064 +2%
        2008$2,956 +3.9%$132,417 +2%
        2007$2,845 +5.3%$129,822 +2%
        2006$2,703 +2.8%$127,277 +2%
        2005$2,630 +0.9%$124,782
        2004$2,606 +6%$124,782 +1.9%
        2003$2,460 $122,495 +4%
        2002$2,460 -38.9%$117,740 +2%
        2001$4,027 $115,433
        2000-- $115,433

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,541/mo
        Principal & interest
        $2921
        Property taxes
        $620
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          Climate risks

          Neighborhood: 93309

          Getting around

          56 / 100
          Somewhat Walkable
          41 / 100
          Some Transit
          42 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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