$1,575,000

0 Pinon St Tehachapi, CA 93561

Estimated payment $9,827/month

Total Views 10,902
44.83 Acres
$35,133 Price per Acre
1,952,795 Sq Ft Lot

About This Lot

Prime 44.83 acres of residential development land located in the City of Tehachapi, adjacent to existing housing tracts .Included in the price are Kern County A.P.N.#'s 417-011-04&05.The T4 Zoning allows for a variety of different types of residential uses including multi family, . All utilities are very close to the property. Develop all of the property or in stages of residential uses.Build-to-Rent. This prime residential land located in the City of Tehachapi presents a rare opportunity for a Build-to-Rent project . With Tehachapi's steady population growth, expanding infrastructure and increased demand for quality rental housing this site is clearly positioned for a professionally managed purpose built rental community.Located within proximity to schools, parks, walking paths and retail amenities. The location near Highway 58 makes it a compelling market for a long term BTR investment appealing to local residents, commuters to Edwards Air Force Base, Bakersfield Palmdale-Lancaster and other areas. Many people prefer Tehachapi's mild climate to the other nearby areas of the desert and the San Joaquin Valley.Valley.

Listing Agent

Dwain Mullette

Coldwell Banker Frontier License #00368616 Listed on: 03/17/2024

Coldwell Banker Frontier

Property Details

Property Type

  • Land

Lot Details

  • 44.83 Acre Lot
  • Property fronts an easement
  • Cleared Lot
  • Property is zoned T-4 – TCL

Utilities

  • Electricity To Lot Line

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 41701105

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 44.8300
  • Road Frontage Type: Paved, Easement
  • New Construction: No
  • Power Production Type: Public Utility
  • Special Features: VirtualTour

Interior Features

  • Broker Approved: Yes

Exterior Features

  • Lot Features: Cleared
  • Pool Private: No
  • Waterfront: No
  • Price Per Acre: 35132.72
  • Road Frontage: Yes

Utilities

  • Electricity On Property: Yes
  • Sewer: Other
  • Water Source: Public
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1952795.00
  • Parcel #: 41701105
  • Zoning: T-4 – TCL

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: 0
  • Tax Tract: 0000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $489,500 -68.9% -- View Prior Sale
03/17/2024 03/17/24 For Sale $1,575,000 +218.2% --
02/15/2024 02/15/24 Pending -- -- --
08/05/2023 08/05/23 For Sale $495,000 +518.8% --
03/30/2020 03/30/20 Sold $80,000 0.0% -- View Prior Sale
02/29/2020 02/29/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $80,000 -- --
Source: Tehachapi Area Association of REALTORS®

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9990712