listings details

$195,000

Active Under Contract

-

Beds

-

Baths

-

Sqft

1902 Lotus Lane, Bakersfield, 93307

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about this home

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.

Key details

MLS Number

SR26127523

Price

$195,000

Price per Sqft

-

Bedrooms

-

Total Bathrooms

-

Full Bathrooms

-

Property class

Residential Property

Property type

Land

Property style

Other

Year built

-

HOA fees

-

Days on Market

46

Estimate History
$0$50k$100k$150k$200k
7/20241/20257/202512/20256/2026
Listing agent

Listing Agent 1

Agent name

Alejandro Mora

Agent Email

alex@moragrouprea.com

Agent Phone

(661) 463-8186

Website

-

Brokerage name

The Mora Partners Inc.

Brokerage address

-

Location

Street Address

1902 Lotus Lane

City

Bakersfield

County

Kern

District

-

Major Intersection

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Neighborhood

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Zipcode

93307

Unit Number

-

Building details

Stories

-

Pet policy

-

Year Built

-

Lot

0.46 acres / 19,994 sqft

Lot dimensions

-

Lot dimension source

-

Zoning

R3

Zoning type

-

Zoning description

-

Property history

Sale History

Date

Event

Type

Price

Price/sqft

Oct 2023

Canceled

SR23186436

Sale

$260,000

Exterior

Utility

  • Water Source: Public

Schools/Amenities around

No schools found nearby.

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CRMLS

The listing information displayed on this website, or included in any reports generated from it, is the property of California Regional Multiple Listing Service, Inc. ("CRMLS") and is subject to copyright protection under applicable laws. This information is provided solely for the personal, non-commercial use of visitors and may only be used to identify properties of potential interest for purchase. While all listing details including but not limited to square footage and lot size are believed to be accurate, neither the listing Agent, the listing Broker, CRMLS, nor its affiliates guarantee the accuracy of such data. Visitors are advised to independently verify all listed information through personal inspection and/or consultation with a licensed real estate professional before making any decisions.

This information is derived from California Regional Multiple Listing Service, Inc. as of July 30th, 2026 at 10:30 PM PDT. All data, including area measurements and calculations, is sourced from various providers and has not been nor will it be verified by the broker or MLS. All details should be independently reviewed and confirmed for accuracy. Properties may or may not be listed by the office or agent presenting this information.