Single Family zoned R-3, want to build 3 duplexes or 2 triplex

[Derek Vaughn]

Good morning friends! Wondering if there is anyone in the Central Valley area of CA that is familiar with building duplexes or triplex. There is an old house for 159k in downtown Bakersfield (which would need to be scraped) that I have had my eye on. The lot happens to be zoned R-3, and I figured that we could build either 3 duplexes or 2 triplexes. Either way, we can fit 6 units....Is it more cost efficient to build 2 triplex as opposed to 3 duplexes? Can anyone steer me in the right direction or helpful tips? At 1,000-1,200 per door rent (demand downtown here is crazy), I am trying to see if it would make sense. I usually get a gut feeling about something, but this one has me all over the place. Thanks everyone!

[Karen Margrave]

We aren't going to be able to give you enough information for you to make a decision, there are too many variables. The fact a property has a specific zoning doesn't mean that you can actually get that number of units on it. 

• What is the size of the lot? 
• What will the costs be to tear down and haul off the house? (once you know that, you'll have a better idea of your true lot costs) 
• Does the house have asbestos? 
• what are setbacks required for sidewalks, landscaping, parking requirements, etc. 
• Are there any easements on the property? 
• What are height limits? 
• what is the lot coverage allowed, etc.? 
• What are design costs going to be (architectural and engineering)

Those are just a few of the things that need to be figured out. In addition, as to the cost of construction, it varies widely, depending on the style of the building, materials being used, finishes, etc. 

I could go on, but you get the picture. Once you know what can actually be built there you can begin to figure the numbers and decide if it makes sense.