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Bakersfield, CA, 93307 • Lakeview • Kern County
$184/sqft
Down payment assistance available
8Beds
5Baths
3,520Sqft
0.23 acLot
1983Built
This home is getting attention
Listed 5 days ago · 204 views · 11 saves
Demand and pricing signals for this listing
204 views
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11 saves
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5 days on market
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$184/sqft
Price per square foot
This home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1983
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.
Standout features identified
Our analysis highlights fully updated investment gem, ample parking, and four spacious units as key attractions of this home.
Based on current rates
Est. 6.08% rate · 30yr fixed · $518,400 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Bakersfield, CA, 93307
20 events
26 years of records
Local context around this listing
Bakersfield, CA • Kern County
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