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0 Mckee Rd, Bakersfield, CA 93313

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For Sale

$4,250,000

13.97 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 14 acres
    Lot size

Explore this Property

Great opportunity to acquire a 14-acre parcel of land in Bakersfield, California. This remarkable property comes with plans for a 121-unit apartment development project, occupying a seven-acre portion of the lot. The remaining seven acres are unimproved and present a blank canvas for future development. The R2 zoning in the City of Bakersfield allows for the construction of one unit per every 2,500 square feet of land by right. This means that based on the given area, a maximum of 243 units can be built on the site. Additionally, with the inclusion of the statewide density bonus of additional 50% more units, the total number of units that can be constructed on the site increases to 364 units (Buyer to verify). This makes the property even more appealing with the price per 364 buildable units at an incredible $15,064 each unit.
MLS# 23-284845

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Architecture Style
    Other
  • Lot Size
    13.97 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 0 Mckee Rd, Bakersfield, CA 93313

Home seller CENTURY 21 Jordan Link & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Jordan Link & Company

(661) 654-1600
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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