237 Dr Martin Luther King Jr, Bakersfield, CA 93307
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
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$ 585,000
Est. payment | /mo

7,535 Sqft Lot


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$ 585,000
Est. payment | /mo
Save

7,535 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26185517

HOA Y/N No

Year Built 1983

Lot Size 7,535 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Street Lights

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 01919116006

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Veronica Alcazar eXp Realty of Greater Los Angeles, Inc. 818-472-2168, DRE #01254201

Nearby Locations

Jeffrey Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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237 Dr Martin Luther King Jr

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