1000 Padre Street

Bakersfield, CA 93307
$235,000
1.93 acres | #SR23186426
Courtesy of The Mora Partners Inc.
For Sale

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 description:SixteenToTwentyUnitsAcre, SixToTenUnitsAcre
      • Acres:1.93
      • Property type:Purchase
      • Utility source:Public
      • County:Kern
      • Original List Price:$500, 000
      • MLS #:SR23186426
      • Cost:235000
      • Property subtype:Land
      • MLS #:SR23186426

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Alejandro Mora
Listing Office: The Mora Partners Inc.

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information