1902 Lotus Lane, Bakersfield CA, 93307
(Active)
$495,000
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|
MLS# SR23186436
Last Updated: 5/17/2024 11:27 PM
Description for
1902 Lotus Lane
Bakersfield, CA 93307
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.
Price
$495,000
Kern
SR23186436
Active
Description
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 Information
| Property Type: Land, Other | ||
| 0.93 Acres | Assessor | |
Public
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
R-3
11-15 Units/Acre
Driving Directions
Ming Ave to Casa Loma to Lotus Lane
Financial Considerations
| 17010007019 |
Cash
Listing Price History
Bakersfield Real Estate
Bakersfield is located in California. Bakersfield, California 93307 has a population of 392,508.
The median household income in Bakersfield, California 93307 is $42,156. The median household income for the surrounding county is $56,488 compared to the national median of $66,222. The median age of people living in Bakersfield 93307 is 34 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/7/2023 | Active | $495,000 USD 330.43% |
|
| 2/26/2021 | Sold | $115,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $879 USD | -56.90% | $31,212 USD | - |
| 2022 | $2,039 USD | 116.93% | $31,212 USD | -73.39% |
| 2021 | $940 USD | - | $117,300 USD | 266.52% |
| 2020 | $940 USD | 5.74% | $32,004 USD | 1.03% |
| 2019 | $889 USD | 1.95% | $31,677 USD | 2.00% |