$279,000
For Sale

1408 Monterey Street

Bakersfield, CA 93305
0.17 acres | #PW23148126
Listing OfficeR A Novales, Broker
Type:Purchase
Structure:Land
Zone:Residential

Description

PLANS ARE APPROVE TO REBUILD NEW BUYER JUST NEEDS TO PAY FOR PERMITS AND BEGGING CONSTRUCTION!!!
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.

  • Property Details
      • Lot DescriptionFrontYard, GentleSloping, RectangularLot, Level
      • MLS #PW23148126
      • MLS #PW23148126
      • Property TypePurchase
      • Original List Price$280,000
      • Utility SourcePublic
      • Taxes Annual$2,136
      • Cost279000
      • Acres0.173
      • CountyKern
      • Property SubtypeLand

Location

Marco AsaroReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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