237 Dr Martin Luther King Jr, Bakersfield, CA 93307

Bakersfield
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
237 Dr Martin Luther King Jr,Bakersfield, CA 93307
$585,000
  • - Beds
  • - Baths
  • 3,557 sq. ft.
  • Multi-family
  • Active
Listed by: veronica alcazar
Office: exp realty of greater los angeles, inc.888-584-9427
MLS#:SR26185517
Source:CRMLS

Price summary

  • Price:$585,000
  • Price per sq. ft.:$164.46

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

  • Year built:1983
  • Listing ID #:SR26185517
  • Added:46 day(s) ago
  • Updated:October 10, 2026 at 10:45 AM

Rooms and interior

  • Living area:3,557 sq. ft.

Structure and exterior

  • Year built:1983
  • Building area:3,557 sq. ft.
  • Lot area:0.17 Acres
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$164.46
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