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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.
Property Type(s):
Residential Income
| Last Updated | 5/1/2026 | Year Built | 1974 |
|---|---|---|---|
| Community | BKSF - Bakersfield | County | Kern |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | BKSF - Bakersfield |
| HEAT | Central |
| LOT | 10141 sq ft |
| LOT DIMENSIONS | 10139 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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