$320,000
SOLD APR 26, 2019

139 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood
-- Bed
-- Bath
3,520 Sq Ft
10,066 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

2% Above List Price

55 Days on Market

About This Home

As of March 2025

Townhouse style 4-plex all units are 2 bedrooms, 1.5 bathrooms. Estimated Market rents are $850 per door. Recently updated interior paint, flooring, electrical through out, exterior paint and more! Excellent Cash flow potential.

Last Agent to Sell the Property

Pete Peralta

Miramar International-Riverwal License #1307225 Listed on: 01/31/2019

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,860

Year Built

  • Built in 1983

Lot Details

  • 10,066 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property

Schools

  • Fremont Bak Elementary School
  • Chipman Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 01919223

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $40,800
  • Net Operating Income $26,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,860

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3520.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Chipman

Lot Info

  • Lot Size Sq Ft: 10066.00
  • Parcel #: 01919223

Multi Family

  • Total Annual Expense: 12250.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Annual Gross Income: 40800.00
  • Property Net Operating Income: 26510.00

MLS Schools

  • Elementary School: Fremont_Bak

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Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21901230

Bakersfield Association of REALTORS® / GEMLS

APN: 019-192-23-00-3