237 Dr Martin Luther King Jr

Bakersfield, CA 93307
  • $585,000

    Price
  • 10

    Bed
  • 6

    Bath
  • 3,557

    SqFt
  • 0.17

    Acre

About the Listing SR0154300 - F210008032

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.

Listing Highlights for 237 Dr Martin Luther King Jr

Status Active
Days on Site 52
Property Type Multi-Family
MLS ® SR26185517
Year Built 1983
Total Square Footage 3,557
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 10
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01919116006
  • Tax Year: N/A

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237 Dr Martin Luther King Jr Bakersfield, CA 93307

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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