3601 Micheli Ct, Bakersfield, CA 93309 | For Sale

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For Sale $595,000

$595,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 10,139 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $595,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1974
Last Sold Unknown
Sold Price Unknown
APN # 44115125009
MLS # RS26094191
Property ID 322811942
Lot Sqft 10,139
Zoning Unknown
Total Units 4
Days on Market 31
Original List Price $595,000
Date Updated May 05, 2026
Date Created May 01, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $4,545 $0
Net Income (Yr) $ 42,997
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Listing Provided By

Martin Gonzalez an agent of . Lic #01204139


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 05, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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