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Listed by eXp Realty of Greater Los Angeles, Inc., Veronica Alcazar, Listing Contact: [email protected]

$585,000

237 Dr Martin Luther King Jr, Bakersfield CA, 93307

Price per sqftN/A
Built in1983
Property typeResidential

Overview

Active

Listed Aug 24, 2026

Updated 9 days ago

Excellent 4-unit investment opportunity with all units currently occupied and generating $58,044 in gross annual income. The property was remodeled in 2022 and features a desirable mix of two 2-bedroom units and two 3-bedroom units. Unit A is 2/1, unit B is 3/1, unit C is 2/1.5, and unit D is 3/1.5.Unit C could be sold vacant or re-rented at current market. Improvements include granite countertops, tile flooring, LVT stair flooring in Units C and D, interior laundry in each unit, private patios, and designated on-site parking. Newer A/C units were installed in 2021, and a concrete block perimeter wall with wrought-iron gates was added in 2022. An attractive opportunity for an investor seeking a fully occupied multifamily property with substantial recent improvements or an FHA buyer looking to live in one unit and rent out the other three units.

$3,892/mo

Est. mortgage payment based on a $585,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSR26185517

Interior Features

Basement
No

Exterior Features

Lot Size
0.17 Acres
MLS provider logo

Listed by eXp Realty of Greater Los Angeles, Inc., Veronica Alcazar DRE:01254201,
Listing Contact: [email protected] 

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Data last updated 2:23 PM UTC, 9/28/2026

 

 

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