Permit-Ready 14-Unit Apartment
For Sale
Contact for pricing
1902 Lotus Lane, Bakersfield, CA 93307
Lot with ready-to-issue permits for a 14-unit apartment complex.
Property SizeContact for details
Days on Market188
Property Features for 1902 Lotus Lane
General Information
Standard status
Active
Property subtype
Land
Zoning
R-3
Listing Agency:
The Mora Partners, Inc
(661) 564-8409
Listed By:
Eric Mora · License #CA DRE02227690
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 8 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mora Partners, Inc
Investment Insights
Based on property information with market context.
This lot comes with ready-to-issue permits for a 14-unit apartment complex with 3 ADUs. The plan includes seven 2-story duplexes, each with a 2-car garage. This presents an opportunity for developers, builders, and investors to realize their real estate vision. The ready-to-issue permits for a 14-unit apartment complex save valuable time and resources, allowing immediate commencement of the development project. 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. Detailed financial projections are available for serious inquiries.
Key Highlights
- Ready‑to‑issue permits for a 14‑unit apartment complex with 3 ADUs.
- Permit‑ready status saves time and resources, allowing immediate project commencement.
- Includes 7 two‑story duplexes with 2‑car garages for each unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 93307, CA
88,338
Population
24,349
Households
3.6
Avg Household Size
29
Median Age
7%
College-Educated
59%
High-School Grad
141.2 sq mi
ZIP Area
626
Density / Sq Mi
$52,572
Median Household Income
$29,141
Median Earnings
$1,195
Median Rent
$238,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Lot with ready-to-issue permits for a 14-unit apartment complex.
Where is this residential land & home lot located?
The property is located at 1902 Lotus Lane Bakersfield, CA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Ready‑to‑issue permits for a **14‑unit apartment complex with 3 ADUs**.; Permit‑ready status saves time and resources, allowing immediate project commencement.; Includes **7 two‑story duplexes with 2‑car garages for each unit**.
