Seller's Agent in 2025
Joshua Glaz
The Ave
(562) 413-9399
1 in this area
241 Total Sales
139 Dr Martin Luther King jr Blvd Bakersfield, CA 93307
Lakeview Neighborhood
2
Beds
2
Baths
3,520
Sq Ft
10,066
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
About This Home
As of March 2025Fantastic 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!
Last Agent to Sell the Property
The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 01/03/2025
Last Buyer's Agent
The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 01/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,860
Year Built
- Built in 1983
Lot Details
- 10,066 Sq Ft Lot
- Density is up to 1 Unit/Acre
Interior Spaces
- 3,520 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 91
- Tax Tract Number 1286
- Assessor Parcel Number 01919223003
- $2,384 per year additional tax assessments
- Seller Considering Concessions
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Additional Features
- No Home Owners Association
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $523,000 | -7.4% | $149 / Sq Ft |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 02/16/2025 02/16/25 | For Sale | $565,000 | +8.0% | $161 / Sq Ft |
| 01/23/2025 01/23/25 | Off Market | $523,000 | -- | -- |
| 01/03/2025 01/03/25 | For Sale | $565,000 | +76.6% | $161 / Sq Ft |
| 04/26/2019 04/26/19 | Sold | $320,000 | +1.6% | $91 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $315,000 | +26.0% | $89 / Sq Ft |
| 09/04/2014 09/04/14 | Sold | $250,000 | +4.2% | $71 / Sq Ft |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- |
| 06/23/2014 06/23/14 | For Sale | $240,000 | +108.7% | $68 / Sq Ft |
| 12/07/2012 12/07/12 | Sold | $115,000 | -17.9% | $33 / Sq Ft |
| 11/07/2012 11/07/12 | Pending | -- | -- | -- |
| 10/31/2012 10/31/12 | For Sale | $140,000 | -- | $40 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2021 | $5,860 | $329,781 | $51,528 | $278,253 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Glaz
-
Pete Peralta
Seller's Agent in 2019
Pete Peralta
Miramar International-Riverwal
(661) 805-1053
1 in this area
179 Total Sales
-
N
Buyer's Agent in 2019
Non-Member Non-Member
Non-Member Office
-
Carlos Padilla
Seller's Agent in 2014
Carlos Padilla
Watson Realty
(661) 859-5762
146 Total Sales
-
Seller's Agent in 2012
Alfredo Bahena
Bahena Real Estate Group
(661) 325-2100
-
Buyer's Agent in 2012
Terry Matthews
Daystar Realty
(661) 900-5117
3 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25001243
APN: 019-192-23-00-3
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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