$585,000
 $3,140 est/mo Sourced by Back At You

237 Dr Martin Luther King Jr,Bakersfield, CA 93307

Bakersfield, CA 93307

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Description

Excellent 4-unit investment opportunity with all units currently rented and generating income! This property features a desirable unit mix consisting of Unit A: 2 Bedrooms / 1 Bathroom - Unit B: 3 Bedrooms / 1 Bathroom - Unit C: 2 Bedrooms / 1.5 Bathrooms - Unit D: 3 Bedrooms / 1.5 Bathrooms**** All units have newer **A/C units installed in 2021** Unit A also has a cooler.* Each unit features **indoor laundry** and a **private patio**. **** 1 designated parking space** inside the property for each unit.* All units**remodeled in 2022** and feature **granite countertops*** **Tile flooring** throughout the units, with **LVT flooring on the stairs** in Units C & D.* ** Concrete block wall with wrought-iron gates installed in 2022. All units have been **painted throughout the interior**With all four units occupied, this is a great opportunity for an investor looking to add an **income-producing multifamily property** to their portfolio. **Don't miss out on this investment opportunity!**

Details

MLS #SR26185517
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site17
Listing Provided ByeXp Realty of Greater Los Angeles, Inc. | Veronica Alcazar

Features

SQ Feet3,557
Story(s)1
Units4
Building(s)1
Acreage0.17

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights

Area Information

StateCA
CountyKern
CityBakersfield
Zip Code93307
AreaBKSF Bakersfield
Listing VS Median (in 93307)
Price:
$585,000
low | high
Med:
$854,500
3.931623931624% of Average
sqft:
3,557
low | high
Med:
3,781
43.702558335676% of Average
$ / sqft:
$164
low | high
Med:
$233
8.544090718697% of Average
On site:
17
low | high
Med:
320
5.3125% of Average
Sourced by Back At You

Market Activity 93307

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Learn More About This Property

StateCA
CountyKern
CityBakersfield
Zip Code93307
AreaBKSF Bakersfield
Listing VS Median (in 93307)
Price:
$585,000
low | high
Med:
$854,500
3.931623931624% of Average
sqft:
3,557
low | high
Med:
3,781
43.702558335676% of Average
$ / sqft:
$164
low | high
Med:
$233
8.544090718697% of Average
On site:
17
low | high
Med:
320
5.3125% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 2:48:08 PM PDT