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1902 Lotus Ln , Bakersfield, CA 93307
$195,000
Est. Payment: $979.06/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Ardivus Brivity
Sooper Dooper Guy
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House Description

Ready-to-Issue Permits for 14 Units + 3 ADU's! This one is as close to go-time as land gets! 1902 Lotus Lane comes with ready-to-issue permits for a 14-unit apartment complex plus 3 ADUs - 17 rentable units total. Plans are drawn, permits are in hand, and all utilities are available at the lot. Water, sewer, gas, and electric are ready to connect. You're not buying a vision here - you're buying a running start!The project is designed as 7 two-story duplexes, each unit with a 2-car garage. The 3 ADUs add bonus income with minimal added complexity.At $195,000 that's under $11,500 per door in land cost for a fully permitted 17 unit project - before you've swung a hammer. Bakersfield rental demand is strong and new supply is thin. Permits like this save 12-18 months of time and tens of thousands in entitlement costs. That savings is already built into this price. Ideal for a builder ready to move fast or an investor looking to add a stabilized income property to their portfolio.
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Highlights

Listed by Eric Mora , 4638186 The Mora Partners Inc. , 4638186. Bakersfield Association of Realtors

Property Type

Vacant Land
Lot/Acreage
0.93

County

Kern

Area

41

 School District

Bakersfield City

Listing ID

202606300

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Cal Water

Exterior Features

Zoning:R3
Principal Interest
$979
Taxes
$124

Home Price

$195,000

Loan Details

30 yrs
6.432%

Down Payment

20%
$39,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$979.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $979.06 $124.31 $0.00 $1,103.37
Yearly $11,748.72 $1,491.75 $0.00 $13,240.47
Total $352,461.65 $44,752.50 $0.00 $397,214.15
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ardi preflender
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Market insight data is pulled from the same city as the listing being viewed (Bakersfield, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bakersfield Association of Realtors, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-05T15:23:42.000Z

© 2026 Bakersfield Association of Realtors