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!
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!
Property Details
Price:
$565,000
MLS #:
DW25001243
Status:
Active
Baths:
0
Address:
139 Dr Martin Luther King Jr Boulevard
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
bksfbakersfield
City:
Bakersfield
Listed Date:
Jan 2, 2025
State:
CA
ZIP:
93307
Lot Size:
10,066 sqft / 0.23 acres (approx)
Year Built:
1983
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Schools
Interior
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address139 Dr Martin Luther King Jr Boulevard Bakersfield CA
- AreaBKSF – Bakersfield
- CityBakersfield
- CountyKern
- Zip Code93307
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Courtesy of The Ave. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
139 Dr Martin Luther King Jr Boulevard
Bakersfield, CA
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