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Listed by eXp Realty of Greater Los Angeles, Inc., Veronica Alcazar, Listing Contact: 818-472-2168 
10 Beds
6 Baths

$585,000

237 Dr Martin Luther King Jr, Bakersfield CA, 93307

Property typeMulti-family

Overview

Active

Listed Aug 24, 2026

Updated 13 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
SR26185517

Interior Features

Bedrooms
10
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.17 Acres

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Data last updated 3:23 AM UTC, 9/25/2026

   

 

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