Listing provided courtesy of Veronica Alcazar of eXp Realty of Greater Los Angeles, Inc.. Last updated 2026-10-24 08:10:58.000000. Listing information © 2026 Sandicor.
Asking Price: $585,000 |
237 Dr Martin Luther King Jr, Bakersfield CA 93307
Community: BKSF - Bakersfield
This Quadruplex property was built in 1983 and is priced at $585,000. Please see the additional details below.
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.
