Multifamily Development
For Sale
Contact for pricing
300 W Sequoia Cir, Porterville, CA 93257
2.03 acres with tentative map for 48 apartment units.
Property SizeContact for details
Lot Size2.03 Acres
Days on Market1077
Property Features for 300 W Sequoia Cir
General Information
Standard status
Active
Lot size
2.03 Acres
Property subtype
Land
Zoning
RM-3
Listing Agency:
C21 Commercial
(559) 359-4035
Listed By:
Jared Ennis · License #CA
Source:
Crexi
Added: Sep 13, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 Commercial
Investment Insights
Based on property information with market context.
The site plan encompasses seven parcels totaling approximately 2.03 acres (approximately 88,426.8 square feet) with a tentative map approved for 48 multifamily apartment units. The location is well-suited for residential and multi-family housing due to its proximity to surrounding schools. The site benefits from nearby commercial amenities and a neighboring planned development of additional apartment units. The project is designed with five freestanding buildings, incorporating three different building types to create 32 one-bedroom units and 16 two-bedroom units. Ample parking is provided, with 124 spaces, equating to 2 1/2 cars per unit. The development includes 10,000 square feet of open space, with 9,600 square feet designated as active open space, and plans for a quality rod iron fence.
Key Highlights
- Tentative map approved for 48 multifamily apartment units.
- Ample parking: 124 spaces total (2.5 spaces per unit).
- Located in a desirable area near schools and commercial amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.03 acres with tentative map for 48 apartment units.
Where is this residential land & home lot located?
The property is located at 300 W Sequoia Cir Porterville, CA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Tentative map approved for 48 multifamily apartment units.; Ample parking: 124 spaces total (2.5 spaces per unit).; Located in a desirable area near schools and commercial amenities.
