For Sale5d on market
139 Dr Martin Luther King Jr Blvd
Bakersfield, CA, 93307 • Lakeview • Kern County
$648,000
$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
Market activity
Demand and pricing signals for this listing
204 views
People checking out this listing
11 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$184/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
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.
Estimated monthly payment
Based on current rates
$3,999/month
Principal & Interest$3,135
Property Tax$648
Insurance$216
Down payment20% ($129,600)
3%50%
Est. 6.08% rate · 30yr fixed · $518,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1983
HeatingWall Furnace
CoolingWall/Window Unit(s)
ParkingNo Data
Days on Zillow5 Days
Price/sqft$184
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1983
Stories1
Systems
HeatingWall Furnace
CoolingWall/Window Unit(s)
RoofComposition
Water / SewerPublic / Public Sewer
Parking & Outdoor
Lot10,066 sqft
Location & Tax
NeighborhoodLakeview
Annual tax$6,708
Parcel01919223
Features & details
7 categories of property features
Interior Features
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Laundry
Common Area
Exterior Features
Lot Features
0-1 Unit/Acre
Community
Storm Drain(s)
Street Lights
Sidewalks
Views
None
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. value$629,500
Est. rent$1,384/mo
Tax rate1.25%
Price/sqft$184
On marketApr 3, 2026
PostedApr 3, 2026
Last sold$523,000
MLS updatedApr 4, 2026
Tour days9
Views204
Favorites11
How are the schools in Bakersfield?
3 schools rated nearby
Location
Bakersfield, CA, 93307
Price history
20 events
DateEventPrice$/sqftSource
Apr 3, 2026Listed For Sale$648,000$184CRMLS
Mar 6, 2025Sold$523,000$149CRMLS
Feb 18, 2025Pending Sale$565,000$161CRMLS
Feb 16, 2025Listed For Sale$565,000$161CRMLS
Apr 26, 2019Sold$320,000$91Public Record
Mar 25, 2019Pending Sale$315,000$89Watson Realty ERA
Mar 25, 2019Listed For Sale$315,000$89Watson Realty ERA
Feb 8, 2019Pending Sale$315,000$89Watson Realty ERA
Jan 31, 2019Listed For Sale$315,000$89Watson Realty ERA
Oct 22, 2018Sold$88,962$25Public Record
Mar 8, 2018Pending Sale$225,000$64Watson Realty ERA
Mar 1, 2018Listed For Sale$225,000$64Watson Realty ERA
Aug 1, 2017Listing Removed$285,000$81Rueben Zamudio, Broker
Feb 14, 2017Listed For Sale$285,000$81Rueben Zamudio, Broker
Sep 4, 2014Sold$250,000$71Public Record
Jul 24, 2014Price Change$240,000$68Watson Realty ERA
Jun 24, 2014Listed For Sale$230,000$65Watson Realty ERA
Dec 7, 2012Sold$115,000$33Public Record
Dec 13, 1996Sold$10,000$3Public Record
Jul 10, 1996Sold$9,000$3Public Record
Listed For Sale$648,000
Apr 3, 2026•$184/sqft•CRMLS
Sold$523,000
Mar 6, 2025•$149/sqft•CRMLS
Pending Sale$565,000
Feb 18, 2025•$161/sqft•CRMLS
Listed For Sale$565,000
Feb 16, 2025•$161/sqft•CRMLS
Sold$320,000
Apr 26, 2019•$91/sqft•Public Record
Pending Sale$315,000
Mar 25, 2019•$89/sqft•Watson Realty ERA
Listed For Sale$315,000
Mar 25, 2019•$89/sqft•Watson Realty ERA
Pending Sale$315,000
Feb 8, 2019•$89/sqft•Watson Realty ERA
Listed For Sale$315,000
Jan 31, 2019•$89/sqft•Watson Realty ERA
Sold$88,962
Oct 22, 2018•$25/sqft•Public Record
Pending Sale$225,000
Mar 8, 2018•$64/sqft•Watson Realty ERA
Listed For Sale$225,000
Mar 1, 2018•$64/sqft•Watson Realty ERA
Listing Removed$285,000
Aug 1, 2017•$81/sqft•Rueben Zamudio, Broker
Listed For Sale$285,000
Feb 14, 2017•$81/sqft•Rueben Zamudio, Broker
Sold$250,000
Sep 4, 2014•$71/sqft•Public Record
Price Change$240,000
Jul 24, 2014•$68/sqft•Watson Realty ERA
Listed For Sale$230,000
Jun 24, 2014•$65/sqft•Watson Realty ERA
Sold$115,000
Dec 7, 2012•$33/sqft•Public Record
Sold$10,000
Dec 13, 1996•$3/sqft•Public Record
Sold$9,000
Jul 10, 1996•$3/sqft•Public Record
Tax history
26 years of records
YearTax paidAssessed value
Apr 9, 2025$6,708$356,962
Apr 9, 2024$6,589$349,964
Apr 9, 2023$6,432$343,103
Apr 9, 2022$6,247$336,376
Apr 9, 2021—$329,781
Apr 9, 2020—$326,400
Apr 9, 2019$5,131$285,600
Apr 9, 2018$4,896$264,062
Apr 9, 2017$7,187$258,886
Apr 9, 2016$4,524$253,811
Apr 9, 2015$4,485$250,000
Apr 9, 2014$2,896$115,521
Apr 9, 2013—$115,000
Apr 9, 2012$2,098$41,982
Apr 9, 2011$2,089$41,160
Apr 9, 2010$2,052$40,854
Apr 9, 2009$2,040$40,952
Apr 9, 2008$1,958$40,150
Apr 9, 2007$1,848$39,364
Apr 9, 2006$1,730$38,594
Apr 9, 2005$1,665$37,838
Apr 9, 2004$1,643$37,838
Apr 9, 2003$1,556$37,148
Apr 9, 2002$1,556$35,706
Apr 9, 2001$3,097$35,006
Apr 9, 2000—$35,006
Nearby homes
Neighborhood details
Local context around this listing
Bakersfield, CA • Kern County
Nearby neighborhoods
Benton ParkCampus ParkLakeviewLaurelglenOleander SunsetRio BravoSeven OaksSilver CreekSouthgateSpice Tract
Nearby cities
ArvinBakersfieldDelanoLancasterOildaleRidgecrestRosamondShafter
Nearby zip codes
93301933049330593306933079330993311933129331393314
Similar homes
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
No obligation · Same-day response