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Listed by Veronica Alcazar, DRE #01254201 • eXp Realty of Greater Los Angeles, Inc.
$585,000
Est. payment /mo
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 Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26185517
Year Built 1983
Lot Size 7,535 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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
Laundry None
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 01919116006
Special Listing Condition Not Applicable
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