Investment Opportunity! This gated 4-unit complex offers steady cash flow with two fully-occupied duplexes. Each unit provides 3 bedrooms and 1.5 baths, featuring functional amenities like central AC/heat and in-unit laundry hookups. The property includes fenced front yards for added privacy and 8 uncovered parking spaces (2 for each unit) with a cinder block perimeter wall. Currently rented and cash-flow positive, this complex presents a straightforward entry into multifamily real estate. Ideal for investors looking to expand their portfolio with a no-frills, income-generating property. Potential space and opportunity to add additional units in the back of the lot.
Sold
$600,000
131 Dr Martin Luther King Jr Blvd, Bakersfield, CA 93307
--beds
--baths
4,400sqft
Multi Family
Built in 1983
-- sqft lot
$597,500 Zestimate®
$136/sqft
$1,971 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 02:00am
Listed by:
Rylan David Rozell DRE #01807966 661-735-1887 Admin@lockhartreadvisors.com,
Lockhart Real Estate Advisors
Bought with:
Non-Member
Non-Member Office
Source: Bakersfield AOR,MLS#: 202502586

Facts & features
Interior
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Parking
- Total spaces: 7
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.37 Acres
Details
- Parcel number: 01919221
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1983
Community & neighborhood
Location
- Region: Bakersfield
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$597,500
2% more+ $11,950
With Zillow Showcase(estimated)
$609,450