• 1902 Lotus Lane Bakersfield, CA 93307

  • $495,000
  • 0
    Sq Ft
  • 40560
    Sqft
  • Listed By: Alejandro Mora, The Mora Partners, DRE #01820381
  • Source: CRMLS

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.

Property Type :

Land

County :

Kern

Style :

Land

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Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.9311

Lot Size Source: Assessor

Lot Size Square Feet: 40560

Listing Price Information

Original List Price: 495,000

Listing Contract Date: 2023-10-05

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 17010007019

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: BKSF - Bakersfield

Postal Code Plus 4: 4219

Directions: Ming Ave to Casa Loma to Lotus Lane

Zoning: R-3

Source Property Type: Land

Area: BKSF - Bakersfield

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
63 White Lane, Bakersfield, CA,93307 $850,000 2 1 1,092 130680 Sqft
1000 Padre Street, Bakersfield, CA,93307 $500,000 -- -- -- 84070.8 Sqft
2400 Mary Ellen Street, Bakersfield, CA,93307 $584,950 3 2 1,760 109771 Sqft
207 Tyree Toliver Street, Bakersfield, CA,93307 $625,000 8 -- -- 28125 Sqft
1501 Calcutta Drive #5, Bakersfield, CA,93307 $210,000 3 2 1,152 4792 Sqft
1301 Taft #168, Bakersfield, CA,93307 $105,000 3 2 1,152 --
628 Andrea Avenue, Bakersfield, CA,93307 $310,000 3 2 1,191 6602 Sqft
4512 Monitor Street, Bakersfield, CA,93307 $420,000 5 3 1,800 6498 Sqft
7616 Bonanza Drive, Bakersfield, CA,93307 $675,000 6 3 2,372 21722 Sqft
Owens Street, Bakersfield, CA,93307 $74,900 -- -- -- 3049 Sqft

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ByOwner last updated this listing 04/27/2024 @ 11:10

MLS: SR23186436
LISTED BY: Alejandro Mora, The Mora Partners
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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