127 K, Bakersfield, CA 93304
Property
Sold August 2026
Listing Agent: Juan Alderete (DRE #01974339) · Listing Office: Park Regency Realty · Contact: 818-743-3793 · Bought with: Juan Alderete · Park Regency Realty · MLS #SR26130220 · Source: CRMLS
How this sale compares
127 K sold for $70,000 in August 2026, 12% under its $79,900 list price, after 37 days on the market. It was first listed at $100,000. Across 46 closed sales in 93304 over the last 12 months, the median sold price is $294,950 and the median is $246 per square foot.
| Quarter | Closed sales in 93304 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $315,000 |
| Q2 2026 | 14 | $290,000 |
| Q3 2026 | 24 | $302,450 |
| Q4 2026 | 6 | $295,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Bakersfield · Homes for sale in 93304
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 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.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 127 K
1825 2nd: Sold $379,000 · 3 bd · 2 ba · 1,465 sqft · Sep 2026 · 0.3 mi
Luxury Collective | DRE #01503270
Buyer's agent: Anthony Razo, Open Door Real Estate | DRE #020062651814 3rd Street: Sold $255,000 · Feb 2026 · 0.3 mi
The Mora Partners Inc. | DRE #01820381
Buyer's agent: Louis Duarte, NONMEMBER MRML | DRE #02243136210 Oleander: Sold $331,750 · 3 bd · 1 ba · 1,235 sqft · Aug 2026 · 0.4 mi
Miramar International Calloway | DRE #02193960
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02120786514 L: Sold $205,000 · 2 bd · 1 ba · 892 sqft · Sep 2026 · 0.4 mi
National Realty Group | DRE #01492506
Buyer's agent: Camilo Rosales, NONMEMBER MRML | DRE #015113782131 1st: Sold $350,000 · 3 bd · 2 ba · 1,609 sqft · Sep 2026 · 0.5 mi
D Best Realty Inc | DRE #02027338
Buyer's agent: Jose Ramos Ramirez, NONMEMBER MRML | DRE #02211687625 Brundage: Sold $55,000 · Jul 2026 · 0.5 mi
Real Consultants | DRE #01314423
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01868115508 El Prado: Sold $245,000 · 2 bd · 1 ba · 992 sqft · Aug 2026 · 0.5 mi
D Best Realty Inc | DRE #02027338
Buyer's agent: Emerson Huezo, eXp Realty of California Inc | DRE #017988332207 Verde Street: Sold $375,000 · 3 bd · 2 ba · 1,551 sqft · Jan 2026 · 0.5 mi
Bluehorse Real Estate, Inc. | DRE #01906671
Buyer's agent: Maria Santana, Deluxe Realty | DRE #01829551
Closed sales reported in 93304, nearest first, last 12 months. All recent sales in Bakersfield →