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 Details
Property Features
Listing Office:
Office Name: The Mora Partners Inc.
Office Phone: (661) 463-8186
Listing Agent: Alejandro Mora
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.93 Acres
Other
Directions Information:
Directions: Ming Ave to Casa Loma to Lotus Lane
Price Information
Listing Price Info
Price Summary:
List Price: $360,000
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Housing Market Comparison
See how this home compares to others in Bakersfield, CA.
This property is $22.5K less than the Median Sold Price in Bakersfield, CA.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR23186436
Listing Office:
Office Name: The Mora Partners Inc.
Office Phone: (661) 463-8186
Listing Agent: Alejandro Mora
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 26, 2021
Feb 26, 2021Home Sold
$115,000
Feb 26, 2021
Feb 26, 2021Home Sold
$115,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Casa Loma Elementary School
525 E Casa Loma Dr
Distance between this listing and this school0.43 miles
Public District Grades KG-6
4
/10
Leo G. Pauly Elementary School
313 Planz Rd
Distance between this listing and this school1.13 miles
Public District Grades KG-6
4
/10
Wayside Elementary School
1000 Ming Ave
Distance between this listing and this school1.33 miles
Public District Grades KG-6
Nearby Schools
2
/10
Sequoia Junior High School
900 Belle Ter
Distance between this listing and this school1.56 miles
Public District Grades 7-8
3
/10
Emerson Middle School
801 4th St
Distance between this listing and this school2.13 miles
Public District Grades 6-8
4
/10
Greenfield Middle School
1109 Pacheco Rd
Distance between this listing and this school2.22 miles
Public District Grades 6-8
Nearby Schools
5
/10
South High School
1101 Planz Rd
Distance between this listing and this school1.55 miles
Public District Grades 9-12
2
/10
Tierra del Sol Continuation High School
3700 E Belle Ter
Distance between this listing and this school1.83 miles
Public District Grades 9-12
2
/10
Vista Continuation High School
200 P St
Distance between this listing and this school1.92 miles
The neighbors living near this home have an average income of $30,677. Most Bakersfield, CA residents have annual incomes less than $35k. The most common type of family is single, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1902 Lotus Ln
What is the listing price of this property?
The listing price of 1902 Lotus Ln property is $360,000.
What type of property is this?
The property 1902 Lotus Ln is land located in Bakersfield, California, 93307.
Is this property for sale now?
Active Listing: 1902 Lotus Ln is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on February 26, 2021 for $115,000. (source: MLS/tax record).
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This home is located at 1902 Lotus Ln in Bakersfield, CA and zip code 93307 in the The Southeast neighborhood. This home sits on a 0.93 acre lot. It has been listed on Rocket Homes since October 07, 2023 and is currently priced at $360,000.
Over 14 listings were sold over their listed price in November 2024 in Bakersfield, CA. In the same period over 35 listings were sold below the listed price and 19 listings were sold for the listed price. In November 2024 in Bakersfield, CA there were 4.3% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $382,500, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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