2801 Morin Court, Bakersfield, CA 93304
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
2801 Morin Court,Bakersfield, CA 93304
$695,000
- - Beds
- - Baths
- 3,410 sq. ft.
- Multi-family
- Active
Listed by: rockie mitchell
Office: exp realty of california inc888-584-9427
MLS#:AR26187823
Source:CRMLS
Price summary
- Price:$695,000
- Price per sq. ft.:$203.81
About this home
INVESTMENT OPPORTUNITY: Well-maintained 4-plex in Southwest Bakersfield's desirable Wible Orchard neighborhood.
Built in 1985, this 2-story quadruplex sits on a quiet cul-de-sac with an 8,079 sq ft lot. Three units are currently occupied with established tenants.
One fully furnished unit has been successfully used as a seasonal rental. You have the option to rent it out or make it an owner-occupied unit. This flexibility makes it attractive for short-term workers, corporate housing, or long-term tenants. Please note: Furniture is not included in the sale of the property, but it can be negotiated.
All units are currently occupied.
Location Advantages:
Located in a growing neighborhood just south of downtown Bakersfield, with three shopping centers within 0.8 miles, diverse dining options on New Stine Road and California Avenue, nearby parks, and proximity to Cal State Bakersfield and Bakersfield College.
Gross Scheduled Income (GSI) $58,920
Less: Projected Vacancy / Credit Loss (5%) ($2,946)
Gross Operating Income (GOI) $55,974
Property Taxes $9,304
Water (estimated $200/month) $2,400
Utilities $1,107
Trash $173
Pest Control $600
Landscaping $830
Insurance $2,145
Internet / Wi-Fi $211
Estimated Routine Maintenance $3,000
Total Operating Expenses $19,770
PROJECTED NET OPERATING INCOME $36,204
Asking Price $695,000
PROJECTED CAPITALIZATION RATE 5.21%...
Contact an agent
Home facts
- Year built:1985
- Listing ID #:AR26187823
- Added:58 day(s) ago
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Living area:3,410 sq. ft.
Structure and exterior
- Year built:1985
- Building area:3,410 sq. ft.
- Lot area:0.19 Acres
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$695,000
- Price per sq. ft.:$203.81
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Koi Pond
Parking
- Total parking spaces:14
- Parking description:8 Carport Space(s), Detached Carport, Garage
- Garage:Yes
- Garage spaces:2
- Carport spaces:8
New listings near 2801 Morin Court
- Coming Soon
$339,000Coming Soon4 beds 2 baths1,484 sq. ft.3609 Oliver, Bakersfield, CA 93307
MLS# SB26225600Listed by: HOME TEAM REALTY - New
$315,500Active3 beds 1 baths1,027 sq. ft.5001 LAWRENCE COURT, Bakersfield, CA 93309
MLS# 202611280Listed by: WATSON REALTY - New
$199,000Active2 beds 1 baths672 sq. ft.5600 Tamarack, Bakersfield, CA 93307
MLS# PW26230172Listed by: EXP REALTY OF SOUTHERN CA, INC - New
$320,000Active3 beds 2 baths1,245 sq. ft.2712 Sunview, Bakersfield, CA 93306
MLS# SW26229934Listed by: CENTURY 21 AFFILIATED - New
$330,000Active3 beds 1 baths1,188 sq. ft.205 JEFFREY STREET, Bakersfield, CA 93305
MLS# 202611271Listed by: BERKSHIRE HATHAWAY HOMESERVICES ASSOCIATED REAL ESTATE
$399,999Active4 beds 2 baths2,142 sq. ft.258 Deep Creek, Bakersfield, CA 93308
MLS# SR26120050Listed by: CENTURY 21 MASTERS
$2,300,000Active4.3 Acres0 W ROSEDALE HIGHWAY, Bakersfield, CA 93314
MLS# 202610259Listed by: SELECT, REALTORS- New
$525,171Active3 beds 2 baths15113 ELMBRIDGE, Bakersfield, CA 93311
MLS# 202610695Listed by: CASTLE & COOKE CALIFORNIA, INC - New
$475,000Active4 beds 2 baths2,208 sq. ft.3304 TROJES AVENUE, Bakersfield, CA 93313
MLS# 202611168Listed by: TEAM BUSBY REAL ESTATE - CAL CONNECT REALTY - New
$255,000Active3 beds 2 baths1,436 sq. ft.5501 MIDSUMMER DRIVE #B, Bakersfield, CA 93308
MLS# 202611269Listed by: OPENDOOR BROKERAGE INC.