300 Sequoia CirPorterville, CA 93257
- Land
- 2.03 AC
Property Details for 300 Sequoia Cir
- Lot size
- 2.03 AC
- Property type
- Land
Description
Exceptional investment opportunity in Porterville, CA, presenting ±2.03 acres (APN 247-160-036, 037, 040, 043, 044, 045, & 046) zoned RM-3. This shovel-ready site boasts a tentative map approved for a 48-unit multifamily apartment complex, comprising five two-story buildings with a mix of 32 one-bedroom and 16 two-bedroom units. The development plan includes 124 parking spaces (2.5 spaces per unit), 10,000 square feet of open space (9,600 square feet actively utilized), and a planned rod iron fence. All curb, gutter, street lighting, and underground utilities are already in place, significantly reducing development costs and timelines. The property's prime location near Henderson Avenue offers convenient highway access and proximity to regional retail developments, schools, the airport, and the city center. This high-density zoning allows for reduced minimum setbacks, maximizing buildable area. The asking price is $645,000. This is a fantastic opportunity for developers seeking a ready-to-build multifamily project in a thriving area with strong demand for rental housing. The seven parcels are free and clear, making this a streamlined acquisition process.
Location Insight
- City
- Porterville
- County
- Tulare
- State
- California
- Latitude
- 36.0816
- Longitude
- -119.024
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].