4-Unit Quadplex with Laundry
New
For Sale
$699,000
812 Karma Court, Bakersfield, CA 93307
Residential Income, Bakersfield, CA
Property Size3,832 SF
Lot Size0.23 Acres
Price / SF$182.41
Days on Market5
Property Features for 812 Karma Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Subdivision
3660 #a
Elementary school
Pauly, Leo G.
Middle school
Sequoia
High school
South
Standard status
Active
APN
17122322
Size
3,832 SF
Lot size
0.23 Acres
Amenities
granite countertops
tile flooring
A/C units
laundry hook-ups
Building Details
Year built
1984
Floors in Building
2
Number of units
4
Buildings
1
Listing Agency:
eHomes of Bakersfield
(661) 412-4959
Listed By:
Deborah Baize
(661) 204-2467
Added: Oct 28
Last Checked: Nov 1 at 6:06AM
MLS# 202611373
Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,832-square-foot quadplex contains four two-bedroom, one-bathroom residences. Interior improvements include tile flooring throughout and granite countertops in both kitchens and bathrooms. Each unit also has laundry hookups, and the property includes carport parking.
Built in 1984 on a 0.2309-acre parcel, the property has updated air-conditioning units and a roof, both completed within the last 10 years. It is located in Bakersfield, California.
Built in 1984 on a 0.2309-acre parcel, the property has updated air-conditioning units and a roof, both completed within the last 10 years. It is located in Bakersfield, California.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 3,832 square feet on a 0.2309‑acre parcel
- Granite countertops in kitchens and bathrooms; tile flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,756
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,120
$975.1K
Cap Rate 7%
$696,514
$696.5K
Cap Rate 9%
$541,733
$541.7K
Market Conditions
NOI Build-Up for 3,832 SF
Gross rent
$74.5K $19.44/SF
− Vacancy
−$4.8K −$1.26/SF
EGI
$69.7K $18.18/SF
− OpEx
−$20.9K −$5.45/SF
NOI
$48.8K $12.72/SF
Area
ZIP 93307
Vacancy
6.50%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,120
Cap Rate 7%
$696,514
Cap Rate 9%
$541,733
Alternative Uses
Best Use
Multifamily LT 5
$696.5K
$609.5K – $812.6K
NOI $48,756 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$626.2K
$548.0K – $730.6K
NOI $43,837 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$946.8K
$828.5K – $1.10M
NOI $66,279 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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Business Placement
Demographics for 93307, CA
88,338
Population
24,349
Households
3.6
Avg Household Size
29
Median Age
7%
College-Educated
59%
High-School Grad
141.2 sq mi
ZIP Area
626
Density / Sq Mi
$52,572
Median Household Income
$29,141
Median Earnings
$1,195
Median Rent
$238,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms, one bathroom, updated finishes, and in-unit laundry connections.
Where is this quadplex located?
The property is located at 812 Karma Court Bakersfield, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,832 square feet on a 0.2309‑acre parcel; Granite countertops in kitchens and bathrooms; tile flooring throughout
