Price

$450,000

Price Change

▼ $50,000 1700576457

Closing Date

Jan 01, 1800

MLS#

202310412

Status

ACTIVE

Type

Land

SubType

Lot

City

Bakersfield

Area

Southeast

County

Kern

Lot Size

84,071

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.

Additional Information