6
See all 6 photos
$585,000
Est. payment /mo
10 Beds
6 Baths
7,535 Sqft Lot
Active
237 Dr Martin Luther King Jr Bakersfield, CA 93307
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26185517
Bedrooms 10
Lot Size 7,535 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction 58 East- Exit Martin Luther King Jr- Martin Luther King Jr.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 01919116006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Veronica Alcazar, DRE#01254201 eXp Realty of Greater Los Angeles, Inc.
NEARBY SCHOOL & BUSINESS
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