300 Sequoia Cir

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Address: 300 W Sequoia Cir, Porterville, CA 93257, USA
California & West + Land/Development
Created date: January 19, 2024
Date last updated: October 19, 2026
Price: $645,000Investment Analyzer NEW!
  • Free And Clear Parcel Ready For Developers Concept
  • (7) Shovel Ready Parcels | Utilities Stubbed & Impact Fees Paid
  • Proposed 48 Multifamily Apartment Development
  • 48 Units | (5) Two-Story Buildings | (16) Two Bed & (32) One Bed
  • All Curb, Gutter, Street Lighting, & Underground Utilities In Place
  • High Density That Allows Reduction in Minimum Setbacks
  • Convenient and Close Highway Access Near Henderson Ave
  • Regional Retail Developments On Henderson Ave Just Minutes Away
  • Prime Location Near Major Intersections | Great Access & Easy Entrance
  • Near Major Corridors servicing College, Airport, Downtown, & Schools

Property Description

Ideal development site split into (7) separate legal descriptions/APN's, dedicated city cul-de-sac road/curb/gutter & street lighting in place, all underground utilities stubbed, city water/sewer in place, majority of impact fees paid, and sites are graded to be shovel-ready. Site excluding the road totals ±2.03 Acres (±88,426.8 SF) with a tentative map for 48 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to Henderson Ave & many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Concept consists of (5) freestanding buildings with (3) different building types to produce (32) 1-bedroom units & (16) 2-bedroom units. The project provides ample parking with 2 1/2 cars per unit (124 spaces), 1/4 AC of open space of which 9,600 SF has active open space, and plans for a quality rod iron fence. Roads have adequate capacity, consistent with the land use, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $645,000
Lot Size: 2.03 Acres
Opportunity Zone: No
Property Website Click Here
Address: 300 Sequoia Cir, Porterville, CA 93257, USA
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