131 Dr Martin Luther King Jr Blvd, Bakersfield, CA 93307

$600,000
4,400
SqFt

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Sold Price
$600,000
List Price
$600,000
Closing Date
Jun 20, 2025
MLS#
202502586
Status
CLOSED
Type
Multifamily
SubType
Residential Income
City
Bakersfield
Area
Southeast
County
Kern
Living Area
4,400
Year Built
1983
Lot Size
16,117

Property Description

Investment Opportunity! This gated 4-unit complex offers steady cash flow with two fully-occupied duplexes. Each unit provides 3 bedrooms and 1.5 baths, featuring functional amenities like central AC/heat and in-unit laundry hookups. The property includes fenced front yards for added privacy and 8 uncovered parking spaces (2 for each unit) with a cinder block perimeter wall. Currently rented and cash-flow positive, this complex presents a straightforward entry into multifamily real estate. Ideal for investors looking to expand their portfolio with a no-frills, income-generating property. Potential space and opportunity to add additional units in the back of the lot.

Additional Information

Parking Type
Uncovered
Stories
2
Disclosures
None of the Above

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Calculator source: Real Geeks

Courtesy of Rylan D Rozell with Lockhart Real Estate Advisors

Courtesy of Rylan D Rozell with Lockhart Real Estate Advisors

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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