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4112 Jewetta Ave 9.4 Acres of Residential Land Offered at $1,600,000 in Bakersfield, CA 93312
Investment Highlights
- Great location (In Fill Property)
- Great schools
- Minimum Frontage to Develop
- Excellent Multifamily Site
Executive Summary
This 9.34-acre parcel offers a significant residential development opportunity in the rapidly growing Northwest Bakersfield submarket. Positioned at the southeast quadrant of Jewetta Avenue and Hageman Road, the property benefits from strong connectivity to major thoroughfares, including Rosedale Highway, and is surrounded by established residential neighborhoods, schools, and essential services within walking distance.
The site is currently zoned R-1 & E 1/4 (in suspense) with a proposed zoning of R-2 & E 1/4, allowing for a higher-density residential configuration. The conceptual plan includes 26 duplex lots and 4 single-family lots with ADUs, totaling 60 units. This configuration provides flexibility for developers seeking to meet the demand for both single-family and multi-family housing in a high-growth area.
The Seller is asking $1,600,000 for the property.
The site is currently zoned R-1 & E 1/4 (in suspense) with a proposed zoning of R-2 & E 1/4, allowing for a higher-density residential configuration. The conceptual plan includes 26 duplex lots and 4 single-family lots with ADUs, totaling 60 units. This configuration provides flexibility for developers seeking to meet the demand for both single-family and multi-family housing in a high-growth area.
The Seller is asking $1,600,000 for the property.
Property Facts
1 Lot Available
Lot 08
| Price | $1,600,000 | Lot Size | 9.40 AC |
| Price Per AC | $170,212.77 |
| Price | $1,600,000 |
| Price Per AC | $170,212.77 |
| Lot Size | 9.40 AC |
The lot is vacant, square in shape with dimensions of 659 X 625. It is relatively level. It does not include the corner.
Description
The property is currently undergoing a rezone to R-2 & E1/4 (on a small portion). Upon completion the zoning should allow 60 units of multifamily. The property is located in Northwest Bakersfield and would be classified as an "in fill" property.
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Property Taxes
| Parcel Number | 449-210-08-00-6 | Improvements Assessment | $0 |
| Land Assessment | $1,041,979 | Total Assessment | $1,041,979 |
Property Taxes
Parcel Number
449-210-08-00-6
Land Assessment
$1,041,979
Improvements Assessment
$0
Total Assessment
$1,041,979
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4112 Jewetta Ave
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