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Millman Team Real Estate

$585,000
0.17 Acre Lot

237 Dr Martin Luther King Jr, Bakersfield, California 93307

  • Residential Income Property Type
  • 1983 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SR26185517
$585,000
1983
0.17 Acre
Active
1
Quadruplex
Features
: None
: None
: Public Sewer
$0
Address Map
CA
Kern
Bakersfield
93307
Dr Martin Luther King Jr
237
W119° 0' 54.3''
N35° 21' 32.6''
58 East- Exit Martin Luther King Jr- Martin Luther King Jr.
BKSF - Bakersfield
Additional Information
$0
$0
$0
$0
$0
3557
: Street Lights
1
: One
: 0-1 Unit/Acre
4
2026-08-24
1
1
: Public
Broker/Agent Information
eXp Realty of Greater Los Angeles, Inc.
Veronica Alcazar
Listing Information
F210008032
SR0154300
Cash, Cash to New Loan, Conventional
Active
2026-09-24T20:37:21Z
CRMLS
: Standard
2026-08-24T15:26:20Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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