1902 Lotus Ln Bakersfield, CA 93307
Estimated payment $1,977/month
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.
Listing Agent
The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 10/06/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $900
Lot Details
- 0.93 Acre Lot
- Density is 11-15 Units/Acre
- Property is zoned R-3
Location
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 17010007019
- $647 per year additional tax assessments
Map
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 |
|---|---|---|---|---|
| 2025 | $900 | $92,736 | $92,736 | -- |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $349,900 | 0.0% | -- |
| 07/16/2025 07/16/25 | Price Changed | $349,900 | -2.8% | -- |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | Placer Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $54,125 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23186436
APN: 170-100-07-01-9
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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