2801 Morin Court, Bakersfield, CA 93304, Bakersfield, 93304 - 0 bed, 0 bath
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2801 Morin Court
Bakersfield, CA 93304
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,410Sq Ft
8,079Lot Size
Property Price
LIST PRICE$695,000
EST. MARKET VALUE
$696,200
SUMMARY
This 2-story quadruplex represents a Strong Value Opportunity, listed at $695,000—positioned well below the $696,200 Fair Market Value by 0.17%. With a Fair Condition Rating and a 1985 build date, the property offers a stable foundation for value-add interior modernization. Featuring a generous 8,079 sq ft lot, private patio, and deck, this asset provides flexible rental strategies, including seasonal or long-term options. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in a high-demand neighborhood.
Estimated Market Value
$696,200
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 Morin Court Subject | $695,000* List Price | 0 | 0 | 3,410 | $204 | - |
A 2712 Morin Court Pending | $699,000 List Price | 0 | 0 | 3,410 | $205 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the property falls into the Fair category due to its age and dated features. While the listing is well-maintained and shows some updates like granite countertops in one unit, other units show older tile counters and original cabinetry. The rooftop HVAC systems appear aged, and the overall interior finishes require modernization to move beyond a functional, dated status.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Rental Strategy
The property offers a mix of established long-term tenants and a vacant unit suitable for seasonal or corporate housing, providing immediate cash flow with the flexibility for owner-occupancy.
- Strategic Location
Situated on a quiet cul-de-sac in the desirable Wible Orchard neighborhood, the asset is within 0.8 miles of three shopping centers and near Cal State Bakersfield, ensuring high tenant demand.
- Strong Historical Appreciation
Built in 1985 and well-maintained, this quadruplex sits on a generous 8,079 sq ft lot and has shown consistent value growth, making it a stable long-term investment in a growing area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8079, other record lot size in square feet = 8276.
- Furniture Exclusion
While one unit is marketed as a successful seasonal rental, the furniture is not included in the list price, requiring additional capital or negotiation to maintain the current short-term rental model.
- Market Value Premium
The $695,000 asking price represents a significant jump from the 2021 sale price of $525,000, which may require robust rental income documentation to justify the valuation to lenders.
About 2801 Morin Court
INVESTMENT OPPORTUNITY: In a well-maintained 4-Plex, located in Southwest Bakersfield's area and 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. There is one fully furnished unit that 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. Currently 3 of 4 units 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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1985
- Lot Size
- 8,079 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,410 | 3,255.25 |
| Lot Size | 8,079 | 9,020 |
| Price | $695.0K | $503.0K |
| Price per sq ft | $204 | $185 |
| Built year | 1985 | 1968 |
| HOA | $0 | $0 |
| Days on market | 14 | 83 |
Pricing History
Listed for Sale
Aug 26, 2026
$695,000
Initial Listing
Sold
Apr 23, 2021
$525,000
Public Record
Sold
Jun 29, 2018
$355,000
Public Record
Sold
Oct 14, 2014
$315,000
Public Record
Sold
Jul 5, 2011
$170,000
Public Record
Sold
Sep 1, 2005
$440,000
Public Record