The original building was 3 two bedroom 1 bath units and it burned. The city had it demolished and only the original foundation was left. The owner has approved plans from the city to rebuild the 3 two bedroom units with 1 bath. The foundation was checked by the Engineer and it is in great condition it meets City requirements to build. All utilities are at the site and can be reconnected once the construction is finished. The area is close to Bakersfield Medical and is a Great rental area.This is a lot in a well developed section of the City of Bakersfield. The seller is selling the foundation with approved plans to rebuild 3 Two Bedroom units. This is a Great opportunity to build new units and received the rental income. The area is very developed and It is close to Kern Medical Center where you can get some great tenants. All plans will be delivered to new buyer with an acceptable offer. Plans are approved with sprinklers.
PW23148126
Land, Other
Kern
0.173
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot Dimensions
- 50 x 151
- Zoning
- R 3, zoned for 3 units
- Topography
- Level
- Fence
- Block,Chain Link,Wrought Iron
- Additional Exterior/Lot Features
- Front Yard,Gentle Sloping,Rectangular Lot,Level.
Financial Considerations
01526012009
$2,136
Cash, Cash to New Loan, 1031 Exchange, Fannie Mae, Freddie Mac
Arrows indicate 90 day trend
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