Seller's Agent in 2024
Marc Thurston
ASU Commercial
(661) 862-5454
14 in this area
93 Total Sales
3605 Micheli Ct Bakersfield, CA 93309
Southwest Bakersfield Neighborhood
2
Beds
1
Bath
4,064
Sq Ft
0.27
Acre Lot
About This Home
As of November 20243605 Micheli Ct in Bakersfield, CA, is a prime investment opportunity listed for $640,000. Built in 1974, the property features five 2-bed, 1-bath units across approximately 4,064 square feet. With a gross rent multiplier of 10.2 and a gross scheduled income of $62,760, this multi-family complex offers solid cash flow with room for rent growth. The asking rents present potential upside for investors seeking to maximize returns.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 0.27
Parking
- Uncovered Parking
Home Design
- Composition Roof
Interior Spaces
- 4,064 Sq Ft Home
- 2-Story Property
Schools
- Seibert Elementary School
- Thompson Middle School
- West High School
Additional Features
- 11,761 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 44115124
Community Details
Overview
- 5 Units
Building Details
- Gross Income $62,760
- Net Operating Income $35,877
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
Sep 10, 2024
Closed on
Oct 14, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$659,000
Sold Price
$640,000
Premium/Discount to List
-$19,000
-2.88%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
0.0608%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Placer Title | ||
| $640,000 | 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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $330,000 |
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 |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $640,000 | 0.0% | $157 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | Price Changed | $640,000 | -2.9% | $157 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $659,000 | -- | $162 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
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 |
|---|---|---|---|---|
| 2025 | $4,112 | $640,000 | $50,000 | $590,000 |
| 2024 | $4,112 | $206,519 | $27,147 | $179,372 |
| 2023 | $4,022 | $202,470 | $26,615 | $175,855 |
| 2022 | $3,849 | $198,501 | $26,094 | $172,407 |
| 2021 | $3,584 | $194,610 | $25,583 | $169,027 |
| 2020 | $3,478 | $192,615 | $25,321 | $167,294 |
| 2019 | $3,450 | $192,615 | $25,321 | $167,294 |
| 2018 | $3,333 | $185,138 | $24,339 | $160,799 |
| 2017 | $3,301 | $181,509 | $23,862 | $157,647 |
| 2016 | $3,136 | $177,951 | $23,395 | $154,556 |
| 2015 | $3,107 | $175,279 | $23,044 | $152,235 |
| 2014 | $3,042 | $171,846 | $22,593 | $149,253 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Thurston
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202409227
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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