Seller represented by:
Peter Peralta
with
Watson Realty ERA
Buyer represented by:
Non-member
with
Non-Member Office
- Sold
- Multi Family · 4 Units
235 Dr Martin Luther King Jr Blvd Bakersfield, CA 93307 Get directions
$285,000 $80/Sq. ft.- Age 38 Years
- MLS# 21811560
- Listed 2 Years 5 Months 14 Days Ago
Overview
Attention Investors! This 4-plex features 2 units that are 3 bedrooms and 1.5 baths. Market rents are $800 per unit. 2 of the units are 2 bedrooms, 1 bath. Market rents are $700 per unit. Total market rents are $3, 000 per month and $36, 000 per year. Cap rate is above 7%. Current rents are below market and could be increased. This property is 100% occupied at the time of taking the listing.and currently is professionally managed. Seller is in the process of making some improvements including painting the exterior. Please call for more information.
- Seller represented by:
- REALTOR ® Peter Peralta with Watson Realty ERA
- Buyer represented by:
- REALTOR ® Non-member with Non-Member Office
Features
Bedrooms
- Bedrooms: 8
Bathrooms
- Total Bathrooms: 1 / 1 / 1
Heating and Cooling
- Heating Features: Heat & Cool: Other, Heat & Cool: Other
Land Info
- Lot Dimensions Source: SqFt
- Lot Size Acres: 0.17
- Lot Size Source: (GIS (approx.))
- Lot Size Square Feet: 7535
Garage and Parking
- Garage Description: 0.00 / Uncovered
- Parking Features: Uncovered
Rental Info
- Existing Lease Type: Net
- Number of Units Vacant: 5
Multi-Unit Info
- Number of Units: 4
- Number of 1 Bedroom Units: 3
- Bedrooms in Unit-2: 3
- Bedrooms in Unit-3: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
Homeowners Association
- Association Name: Bakersfield Multiple Listing System
Other Property Info
- Source Listing Status: Sold
- County: Kern
- Cross Street: Texas
- Cap Rate: 0.07
- Disclaimer: Data is Copyright 2019 BAOR INFORMATION DEEMED RELIABLE, BUT NOT VERIFIED OR GUARANTEED.
- Source Property Type: Residential Income
- Area: 41
- Source Neighborhood: 41
- Parcel Number: 01919117
- Zoning: Unknown
- Property Subtype: 4 Units
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3557.00
- Year Built: 1983
- Building Exterior Type: Wood
- Foundation Details: Slab
- Property Age: 36
- Roof: Composition
- Levels or Stories: 2
- Structure Type: Residential Income
Utilities
- Sewer: Sewer, Pubilc Water
Nearby Schools
| Rating | School | Grades | Distance |
|---|---|---|---|
| 3 | Fremont Elementary School | K-6 | 0.7 mi |
| 4 | Chipman Junior High School | 7-8 | 3.9 mi |
| 3 | Mira Monte High School | 9-12 | 3.3 mi |
| NA | Private School for Higher Learning | 6-6 | 0.9 mi |
School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.
Neighborhood
Property History for 235 Dr Martin Luther King Jr Blvd
Property Price
| Date | Event | Price | Price / Sq ft | Source |
|---|---|---|---|---|
| 2019-01-23 | Sold | - | - | Bakersfield |
| 2018-09-20 | Listed | $285,000 | $80 | Bakersfield |
The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.
- 235 Dr Martin Luther King Jr Blvd Bakersfield, CA 93307 $285,000
- 8 beds 3,557 Sq. ft. 7,405 Sq. ft. Lot
Find out what your home is worth
-
Peter Peralta
One of the top producing teams at Watson Realty. Agent - The Peralta Group 9101 Camino Media, BAKERSFIELD, CA 93311
- Business (661) 805-1053
- Email Pete@theperaltagroup.com
- Areas Served Bakersfield, Delano, Shafter, Tehachapi, Lake Isabella, Taft, Maricopa, California City, Lancaster, Ridgecrest, Frazier Park, Pine Mountain Club, Piru, Valencia, Santa Clarita, Newhall, Fillmore, Camarillo, Santa Paula and Ventura.
- Specializations Residential, Commericial