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  • $600,000

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

    --beds
    --baths
    4,400sqft
    Multi Family
    Built in 1983
    -- sqft lot
    $598,900 Zestimate®
    $136/sqft
    $1,850 Estimated rent

    Owner options

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    $1,850/mo

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    $1,850/mo

    Rent Zestimate®

    Refinance and save

    $3,675/mo

    Est. payment

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    $3,675/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 02:00am

    Listed by:

    Rylan David Rozell DRE #01807966 661-735-1887 Admin@lockhartreadvisors.com,

    Lockhart Real Estate Advisors

    Bought with:

    Non-Member

    Non-Member Office

    Source: Bakersfield AOR,MLS#: 202502586MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 4,400
    • Total interior livable area: 4,400 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 01919221

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1983

    Community & neighborhood

    Location
    • Region: Bakersfield
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $598,900
    2% more+$11,978
    With Zillow Showcase(estimated)$610,878