This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
235 Dr Martin Luther King Jr Blvd
Bakersfield, CA 93307
Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,557 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1983 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,557 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
Unit Amenities
- Air Conditioning
- Tile Floors
Site Amenities
- Fenced Lot
About 235 Dr Martin Luther King Jr Blvd , Bakersfield, CA 93307
Attention Investors! This 4-plex features 2 units that are 3 bd 1 .5 bths. Market rents are $800 per unit. 2 of the units are 2 bd 1 bth. Market rents are $700 per unit. Total market rents are $3,000 p/m and $36,000 p/y. Cap rate is above 7%. Current rents are below market and could be increased. This property is 100% occupied at the time of listing. Currently professionally managed. Seller is in the process of making some improvements including painting the exterior. Please call for more info.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $700.00 | - |
| 3+2 | 2 | $775.00 | - |
PROPERTY TAXES
| Parcel Number | 019-191-17-00-9 | Improvements Assessment | $286,526 |
| Land Assessment | $53,060 | Total Assessment | $339,586 |
PROPERTY TAXES
zoning
| Zoning Code | R-4 |
| R-4 |
Learn More About Investing in Apartment Buildings
