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4112 Jewetta Ave 9.4 Acres of Residential Land Offered at $1,600,000 in Bakersfield, CA 93312

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INVESTMENT HIGHLIGHTS

  • Great location (In Fill Property)
  • Great schools
  • Minimum Frontage to Develop
  • Excellent Multifamily Site

EXECUTIVE SUMMARY

The Seller is asking $1,600,000 for the property.

PROPERTY FACTS

Price $1,600,000
Sale Type Investment or Owner User
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 9.40 AC
Zoning R-2 - Two-Family Dwellings R1 Uses, Home Occupations

1 LOT AVAILABLE

Lot 08

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
449-210-08-00-6
Land Assessment
$1,041,979
Improvements Assessment
$0
Total Assessment
$1,041,979
  • Listing ID: 31051645

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 4112 Jewetta Ave, Bakersfield, CA 93312

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