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1902 Lotus Ln, Bakersfield, CA, 93307
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1902 Lotus Ln Bakersfield, CA, 93307

$495,000 Land for sale 0.93 acres

Ready-to-Issue Permits for 14-Unit Apartment Complex with 3 ADU's! This lot comes with a unique advantage that sets it apart from the rest-it is equipped with ready-to-issue permits for a 14-unit apartment complex w/ 3 ADU's! 7 2-Story duplexes w/ 2 Car Garage each unit. Calling all developers, builders, and investors to seize this chance to turn your real estate vision into a reality. Permit Ready-Save valuable time and resources with the convenience of ready-to-issue permits for a 14-unit apartment complex. Skip the hassles and get started on your development project immediately. All essential utilities, including water, sewer, gas, and electricity, are readily available at the lot, simplifying the development process.This investment has the potential to yield a significant return on investment for savvy developers and investors. This lot with ready-to-issue permits is your golden ticket. For serious inquiries, we can provide detailed financial projections.
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Property details

40,560 sqft interior area
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None
Land area
40,560 sqft (0.93 acres)
Price per sqft
$12/sqft
Days on Verhouse
222
Address
1902 Lotus Ln, Bakersfield, CA, 93307
City of California
Bakersfield
County
Kern
District
Listing
Zoning
R-3

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No upcoming open houses

Listed by

Alejandro Mora, The Mora Partners
Name
Alejandro Mora
License number
01820381
Brokerage company
The Mora Partners
MLS #
CRSR23186436

Payment calculator

Calculate your monthly payments
Mortgage
$1,520
Taxes
$0
HOA dues
$0
$1,520 per month
Mortgage
$99,000 / 20%
2.28%
30 years
Your amount $1,520 / month

Lot details

TMK #17010007019
Parcel #
17010007019

93307 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 93307

55%
Families with children
National average: 39%
23%
Non family households
302,129
Population
$53,712
Average Income

Age & gender

Median age 28 years
More info

Commute types

90% commute by car
More info

Education level

35% have not graduated education
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Number of employees

4% work in agriculture
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Vehicles available

37% have 2 vehicle
More info

Vehicles by gender

37% have 2 vehicle
More info

Housing market insights for

$260.49k
Neighborhood average
sales price*
$280k
Neighborhood median
sales price*
53
Number
of sales*

Housing type

70% are single detacheds
More info

Rooms

54% of the houses have 4 or 5 rooms
More info

Bedrooms

75% have 2 or 3 bedrooms
More info

Owners vs Renters

54% are renters
More info
12.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Location Details, Documents & Disclosures

Directions to property
Ming Ave to Casa Loma to Lotus

Price history

New Listing Oct 6, 2023
Date Event Price $/sqft Source
Oct 6, 2023 New Listing $495,000 12.2 MLS #CRSR23186436

Agent viewpoints of 1902 Lotus Ln, Bakersfield, CA, 93307

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Frequently Asked Questions about 1902 Lotus Ln

What is 1902 Lotus Ln?

1902 Lotus Ln is a lot of 0.93 acres (about is 40,560 sqft).

What is the full address of this Land?

1902 Lotus Ln, Bakersfield, CA, 93307.

Tell me about the point of interest nearby

The closest grocery stores are Stop & Shop Market, 1.32 miles away and Rancho Market, 1.86 miles away.

Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 05, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Stop & Shop Market, 1.32 miles away and Rancho Market, 1.86 miles away.
The 93307 zip area has a population of 302,129, and 55% of the families have children. The median age is 28.41 years and 90% commute by car. The most popular housing type is "single detached" and 54% is renter.
Land For sale $495k 1902 Lotus Ln, Bakersfield, CA, 93307 0.93 acres Save House Remove from Saved