$523,000
$565,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
10,066 Sqft Lot
SOLD DATE : 03/06/2025
Key Details
Sold Price $523,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25001243
Sold Date 03/06/25
HOA Y/N No
Year Built 1983
Lot Size 10,066 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Don't miss out—schedule your showing today and secure this outstanding investment!
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 01919223003
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Joshua Glaz • The Ave
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "