Fourplex with Attached
2101 Wheelan Court Bakersfield, CA 93309
2101 Wheelan Court, Bakersfield, CA, 93309
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For Sale
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Built in 2000, this fourplex offers three 2-bedroom units and one 3-bedroom unit with private 1-car garages.
Property Size3,462 SF
Price / SF$226.75
Days on Market16
Property Features for 2101 Wheelan Court
General Information
- Standard status
- Active
- Size
- 3,462 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2000
Listing agency
ASU Commercial
(661) 889-6597
Listed by
Marc Thurston · License #CA 01099353
Source
Crexi
Added: Jul 8 Updated: Jul 23 at 2:17AM Checked: Jul 23 at 2:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ASU Commercial
Investment Insights
Based on property information with market context.
This well-maintained fourplex was built in 2000 and features a unit mix of three 2-bedroom, 1-bath residences and one 3-bedroom, 2-bath residence. Each unit includes a private 1-car garage and individual laundry hookups.
The property is located in Southwest Bakersfield with convenient access to shopping, schools, and major commuter routes.
With its consistent configuration and tenant-favorable amenities, this fourplex provides an income-oriented residential asset suited to investors seeking long-term rental performance.
The property is located in Southwest Bakersfield with convenient access to shopping, schools, and major commuter routes.
With its consistent configuration and tenant-favorable amenities, this fourplex provides an income-oriented residential asset suited to investors seeking long-term rental performance.
Key Highlights
- Fourplex built in 2000 in Southwest Bakersfield with gross scheduled income of $61,608 annually
- Unit mix: three 2‑bedroom/1‑bath units plus one 3‑bedroom/2‑bath unit
- Each unit includes a private 1‑car garage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.5k | $19.80 |
| − Vacancy | −$4.5k | −$1.29 |
| EGI | $64.1k | $18.51 |
| − OpEx | −$19.2k | −$5.55 |
| NOI | $44.9k | $12.96 |
3,462 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$640.9K
$560.8K – $747.7K
NOI $44,864 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$595.3K
$520.9K – $694.5K
NOI $41,668 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$918.7K
$803.9K – $1.07M
NOI $64,310 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Built in 2000, this fourplex offers three 2-bedroom units and one 3-bedroom unit with private 1-car garages.
Where is this quadplex located?
The property is located at 2101 Wheelan Court Bakersfield, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Fourplex built in 2000 in Southwest Bakersfield with gross scheduled income of $61,608 annually; Unit mix: three 2‑bedroom/1‑bath units plus one 3‑bedroom/2‑bath unit; Each unit includes a private 1‑car garage
