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!
Property Type
Residential IncomeCounty
KernStyle
Residential IncomeAD ID
48225842
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1983
- Building Area Total: 3,520
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2311
- Lot Size Source: Assessor
- Lot Size Square Feet: 10066
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Listing Information
Listing Price Information
- Original List Price: 565,000
- Listing Contract Date: 2025-01-02
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 01919223003
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: BKSF - Bakersfield
- Postal Code Plus 4: 1894
- Directions: Brundage to MLK
- Source Property Type: Residential Income
- Area: BKSF - Bakersfield
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 42
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 02/01/2025 @ 17:05
- MLS: DW25001243
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,520 sqft, 10,066 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bakersfield , in zip code 93307, this Kern County Home are nearby neighborhoods.