David Norris
Miramar International Calloway
(661) 535-0247
16 Total Sales
1 in Southwest Bakersfield
$107,000 Price
3601 Micheli Ct Bakersfield, CA 93309
Southwest Bakersfield Neighborhood
8
Beds
4
Baths
3,136
Sq Ft
10,139
Sq Ft Lot
About This Home
As of July 2026Don'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.
Last Agent to Sell the Property
Realty Executives All Cities Brokerage Phone: 562-843-1103 License #01204139 Listed on: 05/04/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 10,139 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,136 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 3419
- Assessor Parcel Number 44115125009
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,450
- Trash Expense $600
- Water Sewer Expense $2,400
- New Taxes Expense $6,693
- Operating Expense $11,143
- Gross Income $54,140
- Net Operating Income $42,997
Additional Features
- 4 Units
- Laundry Facilities
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2026
Closed on
Jun 24, 2026
Sold by
Bought by
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Analia Bortolo
Luxury Collective
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,942
Outstanding Balance
$434,942
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2026
Closed on
Jun 15, 2026
Sold by
Bought by
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Analia Bortolo
Luxury Collective
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,942
Outstanding Balance
$434,942
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2024
Closed on
Dec 20, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$585,000
Sold Price
$555,000
Premium/Discount to List
-$30,000
-5.13%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$360,750
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2024
Closed on
Nov 21, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$585,000
Sold Price
$555,000
Premium/Discount to List
-$30,000
-5.13%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,750
Interest Rate
6.81%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Southwest Bakersfield, CA
-
David Norris
-
William Gordon
William Gordon
Watson Realty
(805) 918-8011
426 Total Sales
21 in Southwest Bakersfield
$139K - $530K Price Range
-
Ryan Stevens
Ryan Stevens
Pacific Shore Real Estate, Inc
(661) 404-7474
90 Total Sales
4 in Southwest Bakersfield
$152K - $630K Price Range
-
Daysi Vergara
Daysi Vergara
Infinity Real Estate Services
(661) 486-4283
54 Total Sales
3 in Southwest Bakersfield
$198K - $360K Price Range
-
Armando Pena
Armando Pena
eXp Realty of California Inc
(661) 748-0195
43 Total Sales
2 in Southwest Bakersfield
$137K - $235K Price Range
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
79 Total Sales
3 in Southwest Bakersfield
$100K - $575K Price Range
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 | $580,000 | California Best Title | |
| Grant Deed | -- | California Best Title | |
| Grant Deed | -- | Placer Title | |
| Grant Deed | -- | Placer Title | |
| Grant Deed | $555,000 | Placer Title |
Source: Public Records
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 |
|---|---|---|---|
| Open | $434,942 | New Conventional | |
| Previous Owner | $360,750 | New Conventional |
Source: Public Records
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 |
|---|---|---|---|---|---|
| 07/01/2026 07/01/26 | Sold | $580,000 | -2.5% | $185 / Sq Ft | |
| 06/15/2026 06/15/26 | For Sale | $595,000 | +2.6% | $190 / Sq Ft | |
| 06/12/2026 06/12/26 | Off Market | $580,000 | -- | -- | |
| 05/04/2026 05/04/26 | For Sale | $595,000 | +7.2% | $190 / Sq Ft | |
| 01/10/2025 01/10/25 | Sold | $555,000 | -0.9% | $177 / Sq Ft | View Prior Sale |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- | |
| 10/22/2024 10/22/24 | Price Changed | $560,000 | -1.8% | $179 / Sq Ft | |
| 09/19/2024 09/19/24 | Price Changed | $570,000 | -2.6% | $182 / Sq Ft | |
| 09/10/2024 09/10/24 | For Sale | $585,000 | -- | $187 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $4,650 | $566,100 | $71,400 | $494,700 |
| 2025 | $4,650 | $173,913 | $27,689 | $146,224 |
| 2024 | $4,425 | $170,504 | $27,147 | $143,357 |
| 2023 | $4,425 | $167,162 | $26,615 | $140,547 |
| 2022 | $4,221 | $163,886 | $26,094 | $137,792 |
| 2021 | $3,855 | $160,674 | $25,583 | $135,091 |
| 2020 | $3,711 | $159,027 | $25,321 | $133,706 |
| 2019 | $3,657 | $159,027 | $25,321 | $133,706 |
| 2018 | $3,537 | $152,854 | $24,339 | $128,515 |
| 2017 | $3,485 | $149,858 | $23,862 | $125,996 |
| 2016 | $3,335 | $146,921 | $23,395 | $123,526 |
| 2015 | $3,290 | $144,715 | $23,044 | $121,671 |
| 2014 | $3,206 | $141,881 | $22,593 | $119,288 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Gonzalez
Seller's Agent in 2026
Martin Gonzalez
Realty Executives
(562) 843-1103
2 in this area
133 Total Sales
-
Analia Bortolo
A
Buyer's Agent in 2026
Analia Bortolo
Luxury Collective
(818) 915-0057
1 in this area
47 Total Sales
-
Marc Thurston
Seller's Agent in 2025
Marc Thurston
ASU Commercial
(661) 862-5454
14 in this area
93 Total Sales
-
N
Buyer's Agent in 2025
Non-Member Non-Member
Non-Member Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26094191
APN: 441-151-25-00-9
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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