Listing provided courtesy of Alejandro Mora of The Mora Partners Inc.. Last updated 2024-11-17 09:22:07.000000. Listing information © 2024 Sandicor.
Asking Price: $500,000
1000 Padre, Bakersfield CA 93307
Community: BKSF - Bakersfield
This property was built in 0 and is priced at $500,000. Please see the additional details below.
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.
