Fantastic opportunity in Northeast Bakersfield, strategically located near Bakersfield College and key amenities such as Foodmax, Dutch Bros Coffee, Lowe’s, various dining options, and a gas station. With convenient access to freeway 178, this prime location offers exceptional connectivity. This parcel of undeveloped land comes with a Conditional Use Permit (CUP) approval for a gated apartment complex consisting of 13 units. Plans for the complex are currently under review by the building department. Each unit is designed with modern concepts in mind, featuring 2 bedrooms, 2 bathrooms, in-unit laundry facilities, and 2 parking spaces, along with additional guest parking. The proposed complex is not only aesthetically pleasing but also highly efficient, boasting a well-designed landscape plan. Moreover, all fire plans have been meticulously reviewed and approved, ensuring compliance and safety for future residents. Upon completion, the projected rental income for each unit is estimated to be $2500 per month, reflecting the strong rental market demand in the area. Don't miss out on this incredible opportunity to invest in Northeast Bakersfield's thriving real estate market!