237 Dr Martin Luther King Jr, Bakersfield, CA — listing photo 1
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FOR SALE

237 Dr Martin Luther King Jr

Bakersfield, CA 93307
7,535 Lot Sq Ft
Built 1983
$585,000

Property Overview

Excellent 4-unit investment opportunity with all units currently occupied and generating $58,044 in gross annual income. The property was remodeled in 2022 and features a desirable mix of two 2-bedroom units and two 3-bedroom units. Unit A is 2/1, unit B is 3/1, unit C is 2/1.5, and unit D is 3/1.5.Unit C could be sold vacant or re-rented at current market. Improvements include granite countertops, tile flooring, LVT stair flooring in Units C and D, interior laundry in each unit, private patios, and designated on-site parking. Newer A/C units were installed in 2021, and a concrete block perimeter wall with wrought-iron gates was added in 2022. An attractive opportunity for an investor seeking a fully occupied multifamily property with substantial recent improvements or an FHA buyer looking to live in one unit and rent out the other three units.

Home Details

Property type
Residential Income - Quadruplex
Year built
1983
Lot size
7,535 sq ft
Stories
1
Days on market
31
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

237 Dr Martin Luther King Jr

Bakersfield, CA 93307

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Frequently Asked Questions About 237 Dr Martin Luther King Jr

Property type: Residential Income

The current asking price is $585,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 237 Dr Martin Luther King Jr. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1983. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Bakersfield, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Bakersfield property.
The MLS currently reports the property as Active. It has been listed for 31 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Veronica Alcazar
MLS ID: F210008032

Available property

$585,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.