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Listed by: Rockie Mitchell (818) 693-2173 DRE #01710122 | eXp Realty of California Inc (888) 584-9427
$695,000
Monthly Est:$3,459
8 Beds
- 6 Baths
3,410sqft
2801 Morin Ct, Bakersfield, CA 93304
$695,000
$3,459/moEst:
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Quadruplex
Built in 1985
$-- HOA
8,079 sqft lot
$204/sq.ft
Description
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%
- Houzeo last checked: 12 minutes ago
- Listing updated: October 30, 2026 at 11:22 pm
- Source: California Regional MLS-CA | MLS#: AR26187823

Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
3,410 sqft
Lot Size
8,079 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26187823
MLS Status
ActiveUnderContract
Days on Market
66
Cumulative Days on Market
65

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Interior
Sewer
Public Sewer
Window Features
Screens
Appliances
Dryer, Washer
Exterior Features
Lighting
Construction
Year Built
Year Built: 1985
Home type
Quadruplex
Foundation Details
Slab
Utilities & Energy
Pool Features
None
Parking Features
Detached Carport, Garage
Water Source
Public
Fireplace Features
None
Laundry Features
Common Area
Other Features
Disclosures
City Inspection Required, Familial Relation
Lot Features
Two To Five Units Acre
Tenant Pays
Cable Tv, Electricity, Gas
Community Features
Curbs, Street Lights
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Contingent (Active Under Contract) | $695,000 $204/sqft |
08/26/2026 Source: | Listed for Sale | $695,000 +32.38% $204/sqft |
04/28/2021 Source: | Sold | $525,000 $154/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 01, 2026, 09:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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