1000 Padre Street, Bakersfield

$500,000

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0 Bed
0 Bath
1.93 Acres
0 Garage

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.

Essential Information

MLS® #
SR23186426
Price
$500,000
Bathrooms
0.00
Acres
1.93
Type
Land
Status
Active

Community Information

Address
1000 Padre Street
Area
BKSF - Bakersfield
City
Bakersfield
County
Kern
Zip Code
93307
Community Features
Suburban, Sidewalks
Senior Community
N

Amenities

View
None

Lot Description

16-20 Units/Acre, 6-10 Units/Acre

Additional Information

Date Listed
October 5th, 2023
Days on Market
211
Zoning
SP

Listing Details

Agent
Alejandro Mora
Office
The Mora Partners

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MLS® # SR23186436

Alejandro Mora The Mora Partners
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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Alejandro Mora - The Mora Partners

Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 2:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.