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237 Dr Martin Luther King Jr

Bakersfield, CA 93307
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Bed 10

Bed

Bath 6

Bath

SqFt7,535

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $585,000

AD Id : 89968747

MLS Id : SR26185517

Beds : 10

Lot Size : 7,535 Sq. Ft

Year Built : 1983

County : Kern

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Feature Features

  • Building Information

    Year Built: 1983
    Building Area Total: 3557
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7535 Lot Size Acres: 0.173 Lot Size Source: Assessor Lot Size Square Feet: 7,535 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $585000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 01919116006 Tax Lot: 15

  • Location Information

    Direction: 58 East- Exit Martin Luther King Jr- Martin Luther King Jr. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
318 S Owens, Bakersfield, CA, 93307 $520,000 3 2 -- 6,098 Sq. Ft
900 Pacheco, Bakersfield, CA, 93307 $725,000 8 8 -- 7,678 Sq. Ft

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ByOwner last updated this listing 10/09/2026 @ 22:38

MLS: SR26185517 LISTED BY: Veronica Alcazar, eXp Realty of Greater Los Angeles, Inc. 888-584-9427 SOURCE: CRMLS

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