3600 Micheli Ct Bakersfield, CA 93309
Southwest Bakersfield NeighborhoodEstimated payment $4,334/month
About This Home
Fully Occupied 4-Unit Investment Opportunity – Southwest Bakersfield
Explore this well-located 4-unit multifamily property in a desirable Southwest Bakersfield neighborhood. Offered at $630.000.00, this income-producing asset is 100% occupied with long-term tenants in place, providing immediate and stable cash flow.
The property is currently generating $4,935.00 per month ($59,220.00 annually) in gross rental income. With solid in-place rents and strong demand for rental housing in the area, this property offers a dependable income stream with potential for future rent growth.
Townhomes with one full bath and half bath. This is an excellent opportunity for investors seeking a stable, income-producing asset with long-term upside in a growing rental market. Seller is also selling 3601 Micheli next door and would prefer to sell it at the same time.
Listing Agent
Realty Executives All Cities Brokerage Phone: 562-843-1103 License #01204139 Listed on: 05/04/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 11,501 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 3419
- Assessor Parcel Number 44115126002
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $1,500
- Trash Expense $600
- Water Sewer Expense $2,000
- New Taxes Expense $7,087
- Operating Expense $12,987
- Gross Income $59,220
- Net Operating Income $46,233
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,453 | $612,000 | $81,600 | $530,400 |
| 2025 | $10,453 | $655,452 | $130,050 | $525,402 |
| 2024 | $10,237 | $642,600 | $127,500 | $515,100 |
| 2023 | $5,980 | $294,564 | $47,128 | $247,436 |
| 2022 | $5,719 | $288,789 | $46,204 | $242,585 |
| 2021 | $5,337 | $283,128 | $45,299 | $237,829 |
| 2020 | $5,182 | $280,226 | $44,835 | $235,391 |
| 2019 | $5,111 | $280,226 | $44,835 | $235,391 |
| 2018 | $4,916 | $269,346 | $43,095 | $226,251 |
| 2017 | $4,844 | $264,065 | $42,250 | $221,815 |
| 2016 | $4,591 | $258,888 | $41,422 | $217,466 |
| 2015 | $4,539 | $255,000 | $40,800 | $214,200 |
| 2014 | $3,743 | $189,535 | $36,853 | $152,682 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $630,000 | +5.0% | $185 / Sq Ft | |
| 02/06/2025 02/06/25 | Sold | $600,000 | -4.6% | $176 / Sq Ft | View Prior Sale |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- | |
| 10/01/2024 10/01/24 | Price Changed | $629,000 | -3.1% | $185 / Sq Ft | |
| 08/23/2024 08/23/24 | Price Changed | $649,000 | -3.0% | $191 / Sq Ft | |
| 07/23/2024 07/23/24 | For Sale | $669,000 | +6.2% | $197 / Sq Ft | |
| 06/28/2023 06/28/23 | Sold | $630,000 | 0.0% | $185 / Sq Ft | View Prior Sale |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- | |
| 06/24/2023 06/24/23 | For Sale | $630,000 | 0.0% | $185 / Sq Ft | |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- | |
| 05/06/2023 05/06/23 | For Sale | $630,000 | +152.0% | $185 / Sq Ft | |
| 07/08/2013 07/08/13 | Sold | $250,000 | -3.8% | $74 / Sq Ft | View Prior Sale |
| 06/08/2013 06/08/13 | Pending | -- | -- | -- | |
| 05/02/2013 05/02/13 | For Sale | $259,900 | -- | $76 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $600,000 | Placer Title | |
| Grant Deed | $630,000 | Placer Title | |
| Interfamily Deed Transfer | -- | Placer Title Company | |
| Grant Deed | $250,000 | Placer Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $180,000 | First American Title Company | |
| Trustee Deed | $174,250 | Landsafe Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $565,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Grant Deed | $430,000 | Fidelity Title | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Grant Deed | $245,000 | Ticor Title | |
| Corporate Deed | -- | Commonwealth Land Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $472,500 | New Conventional | |
| Previous Owner | $187,500 | New Conventional | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $452,000 | Negative Amortization | |
| Previous Owner | $335,000 | Purchase Money Mortgage | |
| Previous Owner | $171,500 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26094196
APN: 441-151-26-00-2
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