1000 Padre Street
Bakersfield, CA 93307
1.93 acres | #SR23186426
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.
Property Details
- Lot DescriptionSixteenToTwentyUnitsAcre, SixToTenUnitsAcre
Measurements
- Acres1.93
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyKern
Financial Details
- Original List Price$500,000
Other
- MLS #SR23186426
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Alejandro Mora (#SR152510131)
Listing Office: The Mora Partners Inc. (#SR0147800)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.