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Residential Income - 2801 Morin Court, Bakersfield, CA

$695,000

2801 Morin Court, Bakersfield, CA

MLS# AR26187823

2801 Morin Court, Bakersfield, CA 93304 - $695,000 · Multi-Family Home for Sale, photo 1 2801 Morin Court, Bakersfield, CA 93304 - $695,000 · Multi-Family Home for Sale, photo 2 2801 Morin Court, Bakersfield, CA 93304 - $695,000 · Multi-Family Home for Sale, photo 3 2801 Morin Court, Bakersfield, CA 93304 - $695,000 · Multi-Family Home for Sale, photo 4 2801 Morin Court, Bakersfield, CA 93304 - $695,000 · Multi-Family Home for Sale, photo 5
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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%

Property details

Year built
1985
Property type
Residential Income
Lot size
8,079 sqft

Location

2801 Morin Court • Bakersfield, CA 93304

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Listing Agent

Rockie Mitchell

DRE #: 01710122

Brokerage: eXp Realty of California Inc

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CRMLS

MLS# AR26187823

Listed: 8/26/2026 4:07 PM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/18/2026 4:52 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: eXp Realty of California Inc

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Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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