3605 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.
Sold
$640,000
3605 Micheli Ct, Bakersfield, CA 93309
--beds
--baths
4,064sqft
Multi Family
Built in 1974
-- sqft lot
$683,500 Zestimate®
$157/sqft
$1,502 Estimated rent
Home value
$683,500
$636,000 - $738,000
$1,502/mo
Zestimate® history
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$1,502/mo
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$1,502/mo
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$4,147/mo
Est. payment
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$4,147/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Marc A Thurston, DRE #1099353
ASU Commercial
Source: Bakersfield AOR,MLS#: 202409227
Facts & features
Interior
Interior area
- Total structure area: 4,064
- Total interior livable area: 4,064 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.27 Acres
Details
- Parcel number: 44115124
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1974
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $157/sqft
- Date on market: 9/10/2024
- Cumulative days on market: 15 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $640,000$157/sqft |
Source:  Bakersfield AOR #202409227 Report a problem | ||
| 9/25/2024 | Pending sale | $640,000$157/sqft |
Source: Bakersfield AOR #202409227 Report a problem | ||
| 9/19/2024 | Price change | $640,000-2.9%$157/sqft |
Source: Bakersfield AOR #202409227 Report a problem | ||
| 9/10/2024 | Listed for sale | $659,000$162/sqft |
Source: Bakersfield AOR #202409227 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93309
Nearby homes
- $--2 bd1 ba-- sqft3605 Micheli Ct APT E, Bakersfield, CA 93309Off Market
- $--2 bd1 ba-- sqft3605 Micheli Ct APT D, Bakersfield, CA 93309Off Market
- $--2 bd1 ba-- sqft3605 Micheli Ct #A, Bakersfield, CA 93309Off Market
- $--2 bd1 ba-- sqft3605 Micheli Ct UNIT C, Bakersfield, CA 93309Off Market
- $--2 bd1 ba850 sqft3605 Micheli Ct APT B, Bakersfield, CA 93309Off Market
- $580,0008 bd4 ba3.1k sqft3601 Micheli Ct, Bakersfield, CA 93309Sold
- $--2 bd1 ba-- sqft3601 Micheli Ct UNIT A, Bakersfield, CA 93309Off Market
- $361,0002 bd1 ba-- sqft3601 Micheli Ct APT C, Bakersfield, CA 93309Off Market
- $1,1952 bd1 ba-- sqft3609 Micheli Ct UNIT C, Bakersfield, CA 93309For Rent
Nearby schools
GreatSchools rating
- 3/10Amy B. Seibert Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Fred L. Thompson Junior High SchoolGrades: 7-8Distance: 0.5 mi
- 4/10West High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Seibert, Amy B.
- Middle: Thompson, F. L.
- High: West
- District: Panama-Buena Vista
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$683,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$683,500
- California
- Kern County
- Bakersfield
- 93309
- 3605 Micheli Ct
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