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$ 235,000
Est. payment /mo
Price Dropped by $265K
1000 Padre ST Bakersfield, CA 93307
1.93 Acres Lot
UPDATED:
12/05/2024 05:31 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR23186426
HOA Y/N No
Lot Size 1.930 Acres
Property Description
Presenting a meticulously planned and County-approved site for a 24-unit apartment complex, this vacant lot is ready to bring your development dreams to life. Designed for maximum convenience and luxury, this project includes 12 spacious 2-story duplexes, each with a 2-car garage. Just take a look at those renderings. The County of Kern Planning Department has given its seal of approval for this project, streamlining the development process. With 24 units, you can expect a substantial rental income stream from this apartment complex. Utilities, including water, sewer, gas, and electricity, are readily available on the street, simplifying the development process. If you are a seasoned developer or a savvy investor, this property is a golden ticket to expand your real estate portfolio. Builders, don't miss out on this opportunity to bring your construction expertise to life. The groundwork is laid out. For serious inquiries, we can provide detailed financial projections.
Location
State CA
County Kern
Area Bksf - Bakersfield
Zoning SP
Interior
Fireplace No
Exterior
Community Features Suburban, Sidewalks
View Y/N No
View None
Building
Lot Description 16-20 Units/Acre, 6-10 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 16804113000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Alejandro Mora • The Mora Partners Inc. • 661-463-8186