For Sale
$525,000

8700 Kern Canyon Rd Bakersfield, CA 93306

Shovel-ready, 8-unit development potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 0.77-acre parcel in Bakersfield, CA (APN 388-071-22), zoned R-1, is priced at $525,000 ($681,818.18/acre). Located at 8700 Kern Canyon Rd, 93306, this shovel-ready property boasts approved building permits for an eight-unit development, including accessory dwelling units (ADUs). The final map is ready for recording, and all necessary groundwork, including grading permits, approved utility drawings, and two sets of county and PG&E-approved initial drawings, are complete. Each proposed unit is a 1200 sq ft, four-bedroom, two-bathroom home. The property's proximity to a college (five-minute drive) presents excellent potential for individual home sales or rental income, with projected monthly rental income exceeding $2000 per unit. Building quotes are available upon request. This represents a prime investment opportunity in a recognized emerging area of Southern/Central California. The first set of building permits, already paid for, transfers to the buyer at closing. This is a truly turnkey opportunity for immediate development.

Highlights

  • $525,000 asking price for a shovel-ready residential land parcel.
  • Final map ready for recording.
  • Eight-unit development planned, including ADUs.
  • Excellent potential for individual sales or rental income; five-minute drive to a college.
  • Building permits in place.

Property Details for 8700 Kern Canyon Rd

Property type
Land

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.378644
Longitude
-118.907312

FAQs

What type of property is this?
Land - Shovel-ready, 8-unit development potential.
Where is the land located?
The property is located at 8700 Kern Canyon Rd Bakersfield, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: $525,000 asking price for a shovel-ready residential land parcel.; Final map ready for recording.; Eight-unit development planned, including ADUs.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8700 Kern Canyon Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message