1902 Lotus Ln Bakersfield, CA 93307
Estimated payment $2,090/month
Total Views
1,420,554
0.93
Acre
$386,639
Price per Acre
40,559
Sq Ft Lot
About This Lot
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 Type
- Land
Est. Annual Taxes
- $900
Year Built
- 1954
Lot Details
- 0.93 Acre Lot
- Zoning described as R3
Schools
- Casa Loma Elementary School
- Sequoia Middle School
- Mira Monte High School
Listing and Financial Details
- Assessor Parcel Number 17010007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $900 | $31,836 | $31,836 | -- |
| 2023 | $879 | $31,212 | $31,212 | $0 |
| 2022 | $2,039 | $117,300 | $30,600 | $86,700 |
| 2021 | $940 | $32,004 | $4,053 | $27,951 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Price Changed | $360,000 | 0.0% | -- |
| 11/26/2024 11/26/24 | Price Changed | $360,000 | -2.7% | -- |
| 10/25/2024 10/25/24 | Price Changed | $370,000 | 0.0% | -- |
| 08/17/2024 08/17/24 | Price Changed | $370,000 | -14.9% | -- |
| 06/12/2024 06/12/24 | For Sale | $435,000 | -12.1% | -- |
| 10/06/2023 10/06/23 | For Sale | $495,000 | -- | -- |
Source: Bakersfield Association of REALTORS® / GEMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $54,125 | Unknown |
Source: Public Records
About the Listing Agent
Eric Mora is well known amongst his peers and family for his generosity and giving ways. He prides himself on helping others in ways that can make an impact on their lives. His favorite saying is, "You can have everything you want in life, if you help enough other people get what they want first".
Born and raised in Bakersfield, Eric Mora is a well-informed, knowledgeable supporter of the local community. But Eric is not just all business, He loves all sports, outdoor activities and makes
Eric's Other Listings
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202405792
APN: 170-100-07-01-9
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