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EXECUTIVE SUMMARY
Ideal property for multi-housing development. This is an infield property. Seller is selling 2 separate parcels APN's 118-120-27 & 28
PROPERTY FACTS
| Price | $900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 5.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-3 - Residential | ||
| Price | $900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 5.20 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Residential |
1 LOT AVAILABLE
Lot
| Price | $900,000 | Lot Size | 5.20 AC |
| Price Per AC | $173,076.92 |
| Price | $900,000 |
| Price Per AC | $173,076.92 |
| Lot Size | 5.20 AC |
2 separate parcels at 2.6 acres each
DESCRIPTION
With a population of over 400,000, Bakersfield is among the 50 largest cities in the country, well-known for its Basque-style restaurants, attractions and its approach to country music. Represented by artists like Merle Haggard and Buck Owens, the "Bakersfield sound" refers to twangy country ballads that incorporate rock-and-roll. With an expanding real estate market and a peculiar vibe, Bakersfield is also a prominent hub for energy and agriculture in the Central Valley.
1 1
PROPERTY TAXES
| Parcel Number | 118-120-27-01-1 | Improvements Assessment | $0 |
| Land Assessment | $169,320 | Total Assessment | $169,320 |
PROPERTY TAXES
Parcel Number
118-120-27-01-1
Land Assessment
$169,320
Improvements Assessment
$0
Total Assessment
$169,320
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