4-Unit Quadplex with Private
2208 Courtleigh Dr, Bakersfield, CA 93309
For Sale
$895,995
The unit mix includes one three-bedroom residence and three two-bedroom residences, each with private outdoor space.
Property Size3,743 SF
Price / SF$239.38
Days on Market16
Property Features for 2208 Courtleigh Dr
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Asking Price
Building Details
Buildings
Listing Agency:
Klovus Realty
(626) 393-2426
Listed By:
Alan Cruz · License #01518829
(661) 932-5117
Source:
Exprealty
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 2:29PM
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 Klovus Realty
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Investment Insights
Based on property information with market context.
At 2208 Courtleigh Dr. in Bakersfield, this 3,743-square-foot quadplex contains four residences. One offers three bedrooms and two bathrooms and is vacant; the other three each have two bedrooms and one bathroom. The vacant unit has been remodeled and includes new appliances.
All four units have private yards and washer and dryer hookups. Units A and D have attached two-car garages, while Units B and C have detached two-car garages. The property is near Stockdale Country Club.
All four units have private yards and washer and dryer hookups. Units A and D have attached two-car garages, while Units B and C have detached two-car garages. The property is near Stockdale Country Club.
Key Highlights
- 3,743‑square‑foot quadplex at 2208 Courtleigh Dr. in Bakersfield
- One vacant 3‑bedroom, 2‑bathroom unit; three units each have 2 bedrooms and 1 bathroom
- Vacant unit has been remodeled and comes with new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,506
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,120
$970.1K
Cap Rate 7%
$692,943
$692.9K
Cap Rate 9%
$538,956
$539.0K
Market Conditions
NOI Build-Up for 3,743 SF
Gross rent
$74.1K $19.80/SF
− Vacancy
−$4.8K −$1.29/SF
EGI
$69.3K $18.51/SF
− OpEx
−$20.8K −$5.55/SF
NOI
$48.5K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,120
Cap Rate 7%
$692,943
Cap Rate 9%
$538,956
Alternative Uses
Best Use
Multifamily LT 5
$692.9K
$606.3K – $808.4K
NOI $48,506 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$643.6K
$563.1K – $750.8K
NOI $45,050 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$993.3K
$869.1K – $1.16M
NOI $69,530 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
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Business Placement
Demographics for 93309, CA
61,079
Population
23,546
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
10.5 sq mi
ZIP Area
5,817
Density / Sq Mi
$62,143
Median Household Income
$36,281
Median Earnings
$1,268
Median Rent
$286,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Bakersfield, CA
Properties on Market for Quadplexes in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix includes one three-bedroom residence and three two-bedroom residences, each with private outdoor space.
Where is this quadplex located?
The property is located at 2208 Courtleigh Dr Bakersfield, CA.
What is the asking price?
The asking price for this property is $895,995.
What are key features of this property?
This property features: 3,743‑square‑foot quadplex at 2208 Courtleigh Dr. in Bakersfield; One vacant 3‑bedroom, 2‑bathroom unit; three units each have 2 bedrooms and 1 bathroom; Vacant unit has been remodeled and comes with new appliances
