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Listed by Joshua Glaz • The Ave
$565,000
Est. payment /mo
3,520 SqFt
UPDATED:
01/04/2025 10:16 PM
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $160
MLS Listing ID CRDW25001243
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1983
Lot Size 10,066 Sqft
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 t
Location
State CA
County Kern
Interior
Fireplace No
Laundry Common Area, Community Facility
Building
Water Public
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