$57,000

DEVELOPER & INVESTOR OPPORTUNITY – R-3 INFILL LOT IN UNINCORPORATED KERN COUNTY. 0.13-acre multifamily-zoned parcel at 106 Woodrow Ave, Bakersfield, CA 93308, offering a flexible canvas for ground-up construction. R-3 zoning allows single-family, duplex, or triplex configurations – build up to 3 units (2-3 bedrooms each) and up to 2 stories to maximize density and yield on this infill site. Situated in unincorporated Kern County jurisdiction, providing a more streamlined permitting path compared to City of Bakersfield builds, which can meaningfully shorten entitlement timelines and reduce soft costs. All utilities are available at the street , reducing site development costs and accelerating time-to-vertical. A new boundary survey was completed in April, giving buyers current dimensional reference (property lines approximate; survey available upon request). NEIGHBORHOOD & RENTAL DEMAND: Property is located in the Oildale / North Bakersfield submarket – an established workforce-housing area just north of downtown Bakersfield and the Kern River, with direct Highway 99 corridor access and proximity to Meadows Field Airport (BFL). Oildale is a renter-dominant market (~67% renter-occupied per recent neighborhood data), providing strong built-in tenant demand for new triplex inventory serving oil, agriculture, logistics (Amazon), and service-sector workforce. The lot sits directly on Woodrow Ave, just down the street from Golden State Baptist Schools (427 Woodrow Ave)making the site attractive to renters. Nearby amenities include Riverview Park, North Beardsley Park, the Kern River Parkway Bike Trail, Walmart Neighborhood Market on N. Chester Ave, and Bakersfield College (~4.5 miles). Median DOM in the submarket trends faster than national averages, supporting strong absorption on completed product. Ideal acquisition for small-lot builders, multifamily developers, BTR operators, and value-add investors.!