10,019 / 0.23
Lot Size / Acres

Description

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...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.
  1. Listed by Juan Alderete • DRE #01974339 • Brokerage DRE #01231306 • Park Regency Realty • 818-743-3793

Property Details for 127 K Street

View
Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
01031144008
New Construction
No
Pool
No
View
Yes
View
Yes
Association
No
LISTING UPDATED: 11/07/2025 02:08 AM

Property Details for 127 K Street

StatusActive
MLS #SR25253696
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.23 AC
CountyKern County

Location

Listing Courtesy of Park Regency Realty
Add your commute

Building Information for 127 K Street

Lot Size0.23 AC

Payment Calculator

$568 per month

30 year fixed, 6.15% Interest

Principal and Interest

$536

Property Taxes

$32

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 K Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: R
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Distance To
  • Distance To Water: Unknown
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Lot 10000-19999 Sqft, Level
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: None
  • Water Source: None
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 127 K Street

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Listed (Active)

CRMLS #SR25253696

$110,000
Nov 4, 2025

Listed (Active)

CLAW #SR25253696MR

$110,000
Nov 4, 2025

Listed (Active)

SDMLS #SR25253696

$110,000
Feb 13, 2025

Sold (Public Record)

Public Record #1550958903

$65,000

+21.1% / yr

Dec 18, 2018

Sold (Public Record)

Public Record #636626053

$20,000

-6.0% / yr

Jun 29, 2005

Sold (Public Record)

Public Record #163115356

$46,000
DateEvent & SourcePrice
11/07/2025

Listed (Active)

CRMLS #SR25253696

$110,000
11/04/2025

Listed (Active)

CLAW #SR25253696MR

$110,000
11/04/2025

Listed (Active)

SDMLS #SR25253696

$110,000
02/13/2025

Sold (Public Record)

Public Record #1550958903

$65,000

+21.1% / yr

12/18/2018

Sold (Public Record)

Public Record #636626053

$20,000

-6.0% / yr

06/29/2005

Sold (Public Record)

Public Record #163115356

$46,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 K Street

Taxable ValueLand$33,464Additions-Total$33,464
Tax Record2025$389 ($32 / month)
Home Facts
Beds0Lot Size10,018 SqFtStyleResidentialZoningR3CountyKERNAPN010-311-44-00-8

Schools near 127 K Street

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Emerson Middle School
Public6 to 8

Bakersfield High School
Public9 to 12

Vista Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

127 K Street is a 0.23 ac of land for sale in Bakersfield, CA 93304. This property was listed for sale on November 4, 2025 by Park Regency Realty, it's currently listed at $110,000. It has been on the market for a total of 70 days and was last sold on February 13, 2025. This listing's school districts are Bakersfield City School District, Kern Union High School District. Nearby schools include Roosevelt Elementary School, Emerson Middle School and Bakersfield High School. 127 K Street is a 0-bed, 0-bath, 0.23 ac of land on a 10,019 sq. ft. / 0.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Park Regency Realty

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.