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    Los Angeles St Shafter, CA 93263

    Sponsored
    For Sale
    $1,800,000

    Land, Other - Shafter, CA

    Lot size:
    8.70 Acres
    Days on Market:
    182
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for Los Angeles St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02818057
    Lot size
    8.70 Acres

    Building Details

    Architectural style
    Other

    Engel & Völkers Pasadena (626) 584-0101 [email protected]

    Listing agent Daniel Gomez (626) 584-0101

    Listing date Jul 8, 2025

    MLS# P1-20745 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Opportunity in Shafter

    This 8.7-acre property presents an investment opportunity in a location poised for growth. Situated in a well-established residential neighborhood of Shafter, the surrounding area features a mix of multi-family residential developments, single-family homes, and agricultural row crops. The property is conveniently located within one mile of essential amenities, including a grocery store, pharmacy, public transportation, and public schools. The site is currently zoned R1; however, the owners are in the process of seeking an upzoning to R3 to accommodate multi-family residential units. In addition to the zoning application and completed Phase I Environmental Assessment, the property also includes an architectural site plan, land survey, market study, and reports on noise, air quality, and traffic. This property offers a unique opportunity to leverage the region's ongoing growth and address the increasing demand for multi-family housing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Shafter
    County
    Kern
    State
    California
    Longitude
    -119.270261
    Latitude
    35.493118

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    FAQs

    What type of property is this?
    Land - 8.7-acre development opportunity near Bakersfield, zoned and ready!
    Where is this land located?
    The property is located at Los Angeles St Shafter, CA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Prime 8.7-acre development opportunity near Bakersfield.; - Zoned R1 with owners seeking upzoning to R3 for multi-family residential units.; - Comprehensive studies included: architectural site plan, land survey, market study, and reports on noise, air quality, and traffic.
    (626) 321-6248
    Request Owner's contact information
    Los Angeles St Shafter, CA 93263
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    Shafter, CA 93263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Los Angeles St Shafter, CA 93263
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