2712 Morin Court, Bakersfield, CA 93304, Bakersfield, 93304 - 0 bed, 0 bath
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Bakersfield, CA 93304
This Income-Producing Quadruplex is a strategic residential asset with a List Price of $699,000, positioned near its $687,766 Fair Market Value. The property maintains a Fair Condition Rating, featuring a Desirable Unit Mix of 2-bedroom/1-bathroom and 2-bedroom/2-bathroom configurations. Currently Fully Leased, the building provides immediate cash flow and stability within a Quiet Cul-de-Sac location. With 1985 construction, it offers clear Value-Add Potential for those looking to modernize interiors and increase future rents. This is a prime acquisition for Buy-and-Hold Investors or Portfolio Managers.
Property is moderate renovation needed.
Built in 1985, the property is well-maintained but shows its age with dated features such as tile countertops and popcorn ceilings. While there are some updates like newer vinyl plank flooring and renovated shower tiling in the bathrooms, the overall style and aging infrastructure align with the fair condition category.
The property is fully leased, providing the investor with immediate cash flow and eliminating the need for initial tenant placement or marketing.
Featuring a mix of 2-bedroom/1-bathroom and 2-bedroom/2-bathroom units, the property appeals to a diverse tenant base, enhancing its long-term occupancy potential.
Situated on a cul-de-sac, the property offers a low-traffic, quieter environment that is highly attractive to residential tenants and helps improve retention rates.
Built in 1985, the property may require increased maintenance or capital expenditures for aging systems like roofing, plumbing, or HVAC to remain competitive.
As an older multi-family asset, it may lack the contemporary finishes and open-concept layouts found in newer developments, potentially limiting future rent growth without renovations.
Excellent investment opportunity in Bakersfield! This well-maintained fourplex was built in 1985 and offers a desirable unit mix with two units featuring 2 bedrooms and 1 bathroom, and two units offering 2 bedrooms and 2 bathrooms. All units are currently leased, providing immediate rental income for the new owner. Located on a cul-de-sac, this property presents a great opportunity to expand or start your investment portfolio in a growing rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,410 | 2,611 | 50% |
| Lot Size | 8,276 | 7,254.5 | 50% |
| Price | $699.0K | $477.0K | 50% |
| Price per sq ft | $205 | $173 | 50% |
| Built year | 1985 | 1967 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 138 | 50% |
Mar 6, 2026
$699,000
Initial Listing
Jun 10, 2011
$170,000
Public Record
Sep 1, 2005
$440,000
Public Record