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 to any real estate portfolio.
Don't miss out—schedule your showing today and secure this outstanding investment!
Sold for $523,000 on 03/06/25
Listing Provided by:
Joshua Glaz DRE #01856858 562-413-9399,
The Ave
$523,000
139 Dr Martin Luther King Jr Blvd, Bakersfield, CA 93307
--beds
--baths
3,520sqft
Multi Family
Built in 1983
-- sqft lot
$525,000 Zestimate®
$149/sqft
$1,438 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 03:05pm
Listing Provided by:
Joshua Glaz DRE #01856858 562-413-9399,
The Ave
Bought with:
Joshua Glaz, DRE #01856858
The Ave
Source: CRMLS,MLS#: DW25001243
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 10,066 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 01919223003
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Bakersfield
Other
Other facts
- Listing terms: Conventional,FHA
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$525,000
2% more+ $10,500
With Zillow Showcase(estimated)
$535,500