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Listed by: Veronica Alcazar (818) 472-2168 DRE #01254201 | eXp Realty of Greater Los Angeles, Inc. (888) 584-9427
$585,000
Monthly Est:$2,912
10 Beds
6 Baths
3,557sqft
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
$585,000
$2,912/moEst:
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Quadruplex
Built in 1983
$-- HOA
7,535 sqft lot
$164/sq.ft
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.
- Houzeo last checked: 14 minutes ago
- Listing updated: September 24, 2026 at 8:37 pm
- Source: California Regional MLS-CA | MLS#: SR26185517
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
3,557 sqft
Lot Size
7,535 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26185517
MLS Status
Active
Days on Market
45
Cumulative Days on Market
31
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 6
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Laundry Features
None
Water Source
Public
Other Features
Community Features
Street Lights
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
08/24/2026 Source: | Listed for Sale | $585,000 $164/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 11:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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