$648,000
Est. $4,290/mo · 20% down · 6.5% · 30yr
139 Dr Martin Luther King Jr, Bakersfield, CA, 93307
About this home
Fantastic Investment Opportunity in Downtown Bakersfield. Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathrooms—ideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield's most sought-after neighborhoods. Whether you're a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio.
Property Details
$648,000
Price
10,066 sqft
Lot Size
1983
Year Built
SingleFamilyResidence
Type
1 days
Days Listed
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$4,912
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Neighborhood Snapshot
Bakersfield · 93307
Market Stats
Active Listings
213
ZIP 93307
Median List Price
$360K
ZIP 93307
Avg Days on Market
91
Bakersfield avg
Sale / List Price
97.9%
avg ratio
Nearby Schools
🏫 Elementary
McKinley Elementary School
🏫 Middle School
Emerson Junior High School
🏫 High School
Vista High School
🏫 School
Vista East Continuation School
Nearby Amenities
🛒 Grocery
- FoodMaxx
- Stop & Shop Market
🌳 Park
- Mayflower Park
- Lowell Park
- Casa Loma County Park
Location
139 Dr Martin Luther King Jr, Bakersfield, CA, 93307
Listed by: Joshua Glaz, The Ave
Office: 562-413-9399
Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer
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