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 add
MLS #
CRDW25001243
MLS Source
California Regional MLS
Days on Site
4
Laundry
Community Facility
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 880 | – | 0/0 | – |
139 Dr Martin Luther King Jr Bld is a Residential Income in Bakersfield, CA 93307. This – square foot property sits on a 10,066 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $565,000 and was built in 1983.
This address can also be written as 139 Dr Martin Luther King Jr Bld, Bakersfield, CA 93307.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of January 04, 2025. For the most current information, please contact Joshua Glaz, (562) 413-9399