237 Dr Martin Luther King Jr, Bakersfield, CA 93307
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
237 Dr Martin Luther King Jr,Bakersfield, CA 93307
$585,000
- 10 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: veronica alcazar
Office: exp realty of greater los angeles, inc.
MLS#:SR26185517
Source:San Diego MLS via CRMLS
Price summary
- Price:$585,000
About this home
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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Home facts
- Listing ID #:SR26185517
- Added:46 day(s) ago
- Updated:October 10, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$585,000
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