new - 3 days on rocket

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

$565,000

Home List Price

$6,709*

Closing Credit

0 Baths
House

Location

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139 Dr Martin Luther King Jr Blvd, Bakersfield$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1983
MLS #DW25001243
Lot Size0.23 Acres
StatusActive

About 139 Dr Martin Luther King Jr Blvd

Fantastic Investment Opportunity in Downtown Bakersfield Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathrooms—ideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield's most sought-after neighborhoods. Whether you're a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio. Don't miss out—schedule your showing today and secure this outstanding investment!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1

Listing Office:

  • Office Name: The Ave
  • Office Phone: (562) 413-9399
  • Listing Agent: Joshua Glaz

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Other

Directions Information:

  • Directions: Brundage to MLK

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000

Tax Information:

  • Annual Amount: $5,860
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bakersfield, CA.

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Bakersfield, CA

City

Med. Sold Price

$377.5K

Med. Price/SqFt

$239

Avg. Days On Market

44

# of Sold Homes

50

139 Dr Martin Luther King Jr Blvd vs Bakersfield

3 DAYS ON ROCKET

-41 Days

$565,000

+$187.5K More

KEY TAKEAWAY

This property is $187.5K more than the Median Sold Price in Bakersfield, CA.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW25001243

Listing Office:

  • Office Name: The Ave
  • Office Phone: (562) 413-9399
  • Listing Agent: Joshua Glaz

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 6:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2019Home Sold
$320,000
Oct 22, 2018Home Sold
$88,962
Sep 04, 2014Home Sold
$250,000
Dec 07, 2012Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,860$329,781
2020$5,724$326,400
2019$4,896$280,000
2018$7,187$264,062
2017$7,187$258,886

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-705389
2
/10

  • John C. Fremont Elementary School

  • 607 Texas St

  • 0.69 miles

  • Public District Grades KG-6

school-card-donut-705390
5
/10

  • Bessie Owens Elementary School

  • 815 Potomac Ave

  • 0.72 miles

  • Public District Grades KG-6

school-card-donut-705391
2
/10

  • Mount Vernon Elementary School

  • 2161 Potomac Ave

  • 1.07 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,429. Residents of Bakersfield, CA typically earn less than $35k each year. Typical family type is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 139 Dr Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 139 Dr Martin Luther King Jr Blvd property is $565,000.

What type of property is this?

The property 139 Dr Martin Luther King Jr Blvd is a house located in Bakersfield, California, 93307.

Is this property for sale now?

Active Listing: 139 Dr Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,860 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 26, 2019 for $320,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 139 Dr Martin Luther King Jr Blvd is 1983.

Rocket Homes›California›Kern County›Bakersfield›93307›139 Dr Martin Luther King Jr Blvd

This home is located at 139 Dr Martin Luther King Jr Blvd in Bakersfield, CA and zip code 93307 in the East Bakersfield neighborhood. This home, which was built in 1983, sits on a 0.23 acre lot. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $565,000.

Bakersfield, CA housing market in December 2024 saw over 11 listings sold above listed price, more than 8 sold at listed price and over 31 sold below. Between November 2024 and December 2024, Bakersfield, CA real estate market has seen decrease in the number of listings by 6.6%. While the average time on the market in December 2024 was 44 days, the median list price was $377,500.

From Rocket Homes Real Estate and based on county public records data.

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