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Listed by: Alejandro Mora (661) 463-8186 DRE #01820381 | The Mora Partners Inc. (661) 463-8186
$195,000
Monthly Est:$971
-- Bed
-- Bath
19,994sqft lot
1902 Lotus Ln, Bakersfield, CA 93307
$195,000
$971/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
19,994 sqft lot
$10/sq.ft
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: September 24, 2026 at 4:18 pm
- Source: California Regional MLS-CA | MLS#: SR26127523
Property Details
Status
Active Under Contract
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
19,994 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26127523
MLS Status
ActiveUnderContract
Days on Market
119
Cumulative Days on Market
105
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Other Features
Community Features
Curbs
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
06/15/2026 Source: | Contingent (Active Under Contract) | $195,000 $0/sqft |
06/11/2026 Source: | Price Decreased | $195,000 -26.42% $0/sqft |
01/09/2026 Source: | Price Decreased | $265,000 -3.64% $0/sqft |
12/02/2025 Source: | Price Decreased | $275,000 -23.61% $0/sqft |
11/26/2024 Source: | Listed for Sale | $360,000 +22.03% $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 11:30AM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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