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Sold for $580,000
  • Listed by: Realty Executives All Cities • Martin Gonzalez • Contact: 562-925-1111
    Bought with: Luxury Collective
    $580,000

    3601 Micheli Ct, Bakersfield, CA 93309

    8beds
    4baths
    3,136sqft
    Quadruplex
    Built in 1974
    -- sqft lot
    $580,100 Zestimate®
    $185/sqft
    $1,548 Estimated rent

    Home value

    $580,100

    $528,000 - $638,000

    $1,548/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Martin Gonzalez DRE #01204139 562-843-1103,

    Realty Executives All Cities

    Bought with:

    Analia Bortolo, DRE #01502352

    Luxury Collective

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

    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: $185/sqft
    • Tax assessed value: $173,913
    • Annual tax amount: $4,650
    • Date on market: 5/4/2026
    • Cumulative days on market: 39 days
    • Listing terms: Submit
    • Total actual rent: 4545

    Price history

    DateEventPrice
    7/1/2026Sold$580,000+4.5%$185/sqft
    Source: CRMLS #RS26094191 Report a problem
    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

    Neighborhood: 93309

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $580,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $580,100