$648,000

$648,000

Est. $4,290/mo · 20% down · 6.5% · 30yr

139 Dr Martin Luther King Jr, Bakersfield, CA, 93307

MLS# 1156770630

Expired
139 Dr Martin Luther King Jr — photo 1
139 Dr Martin Luther King Jr — photo 2
139 Dr Martin Luther King Jr — photo 3
139 Dr Martin Luther King Jr — photo 4
139 Dr Martin Luther King Jr — photo 5
139 Dr Martin Luther King Jr — photo 6
1 / 18
10,066lot sqft
1983built
1 days on market

About this home

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.

Property Details

💰

$648,000

Price

🌿

10,066 sqft

Lot Size

🏗️

1983

Year Built

🏠

SingleFamilyResidence

Type

📅

1 days

Days Listed

ExpiredBakersfield, CA 93307

Mortgage Calculator

Estimate your full monthly payment including taxes, insurance & PMI/MIP.

Loan Type

Loan Term

$648,000
%
3%50%
$32,400 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$4,912

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$3,891
Property Taxes / mo$675
Home Insurance / mo$120
PMI (Mortgage Insurance)$226
Total Est. Payment$4,912
LTV95.0% · MI Required
Get Pre-Approved — No Obligation

Powered by My Mortgage Company

For illustration only. Actual rates, payments, and terms vary. Contact a licensed mortgage professional for an official loan estimate.

Neighborhood Snapshot

Bakersfield · 93307

Market Stats

Active Listings

202

ZIP 93307

Median List Price

$365K

ZIP 93307

Avg Days on Market

94

Bakersfield avg

Sale / List Price

297.6%

avg ratio

139 Dr Martin Luther King Jr, Bakersfield, CA, 93307

Listed by: Joshua Glaz, The Ave

Office: 562-413-9399

MLS#: 1156770630

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

Interested in this home?

Our agents know every pocket of Kern County.

How should we reach you?

Or call us directly

(661) 543-4663