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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

    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!

    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#: DW25001243MLS LogoOriginating 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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    An equal housing lender. NMLS #10287.

    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