Listed by Juan Alderete of Park Regency Realty (818-743-3793)
Prime Multi-Family Development Opportunity in Central Bakersfield-Discover an excellent opportunity to develop a multi-family income property in the heart of Bakersfield. This 10,019 sq. ft. vacant lot is zoned R-3, offering flexibility for a range of residential projects - including duplexes, triplexes, fourplexes, or small apartment complexes (subject to city approval; buyer to verify). The property features a flat, buildable terrain with utilities nearby, providing an ideal foundation for new construction. Conveniently located near schools, shopping, dining, and Highway 99, this parcel is perfectly positioned to attract tenants seeking accessibility and convenience. With Bakersfield's strong rental demand, steady population growth, and affordable development costs, this property represents a rare opportunity for builders, developers, and buy-and-hold investors alike. Don't miss your chance to develop and expand your investment portfolio in one of Bakersfield's most promising growth areas.

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Based on information submitted to CRMLS as of June 24, 2026 3:54 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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