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5501 Masterson Rd - Multifamily Land

16.69 Acres of Residential Land Offered at $2,061,900 CAD in Bakersfield, CA 93306

Investment Highlights

  • Land for up to 290 Multifamily Units

Executive Summary

Approximate $2/ft. - 16.69 Acres * 43,560 * $2
Close Proximity to Senior Housing Developments - Hovnanian's' Four Seasons at Bakersfield & Dell Webb's Solera Kern Canyon.
Easy access to Downtown Bakersfield.

Property Facts

Price $2,061,900 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 18.01 AC
Cross Streets Kern Canyon

1 Lot Available

Lot

Price $2,061,900 CAD
Price Per AC $123,541 CAD
Lot Size 16.69 AC

16.69 Net Acres Zoned Multifamily (R-2/P.U.D.) Located in the heart of North East Bakersfield Directly on Masterson. Utilities Adjacent to Property - 24" Water Line, 15" City Sewer, Gas & Electric, Cable & Fiber Optic.

Description

https://bakersfieldcity.us/gov/depts/public_works/projects_n_programs/bakersfield_freeways/projects_map.htm

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 387-020-30-00-3
  • 387-020-31-00-6
Land Assessment
$1,237,715 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,237,715 CAD

zoning

Zoning Code R-2/P.U.D. (Residential commercial)
R-2/P.U.D. (Residential commercial)
  • Listing ID: 18620221

  • Date on Market: 2020-02-23

  • Last Updated:

  • Address: 5501 Masterson Rd, Bakersfield, CA 93306

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