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3600 Micheli Ct, Bakersfield, CA, 93309

8beds
8baths
3,400sqft
$630,000
$185price/sqft
$4,962/moest. monthly cost
$198,480/yrincome needed

About This Home

Fully Occupied 4-Unit Investment Opportunity – Southwest Bakersfield Explore this well-located 4-unit multifamily property in a desirable Southwest Bakersfield neighborhood. Offered at $630.000.00, this income-producing asset is 100% occupied with long-term tenants in place, providing immediate and stable cash flow. The property is currently generating $4,935.00 per month ($59,220.00 annually) in gross rental income. With solid in-place rents and strong demand for rental housing in the area, this property offers a dependable income stream with potential for future rent growth. Townhomes with one full bath and half bath. This is an excellent opportunity for investors seeking a stable, income-producing asset with long-term upside in a growing rental market. Seller is also selling 3601 Micheli next door and would prefer to sell it at the same time.

Getting Around

56
WalkingSomewhat Walkable
41
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
West High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1976

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 3,400
  • Total interior livable area: 3,400 sqft

Property

Details

  • Parcel number: 44115126002
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 0.26 Acres
  • Features: 0-1 Unit/Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Earthquake
Inland Flooding

FEMA Declared Disasters in Kern County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$230$2,760
Property Taxes $818$9,816
Electricity $729$8,749
Total$4,962$59,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,125/yr
40% on housing$148,860/yr
45% on housing$132,320/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 93309$200
Kern County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 93309$236
Kern County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$630,000
2025-02-06Sold$600,000
2024-11-12Pending sale$629,000
2024-10-01Price change$629,000
2024-08-23Price change$649,000
2024-07-23Listed for sale$669,000
2023-06-28Sold$630,000
2023-06-27Pending sale$630,000
2023-06-24Listed for sale$630,000
2023-05-15Pending sale$630,000
2023-05-06Listed for sale$630,000
2016-01-18Listing removed$675
2015-12-30Listed for rent$675
2014-04-08Listing removed$800
2014-01-29Price change$800
2013-10-09Price change$625
2013-08-23Price change$650
2013-07-31Listed for rent$695
2013-07-08Sold$250,000
2013-05-11Listing removed$650
2013-05-04Price change$650
2013-02-04Price change$675
2013-01-17Listed for rent$650
2012-09-23Listing removed$650
2012-09-07Listed for rent$650
2009-09-09Sold$180,000
2009-01-26Sold$174,250
2005-08-02Sold$565,000
2004-07-29Sold$430,000
2003-12-31Sold$245,000

For Sale by Agent

AgentMartin Gonzalez
BrokerageRealty Executives All Cities

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