Property search · The Consumer Protection Brokerage
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1902 LotusBakersfield, CA 93307
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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active Under Contract | |
| a month ago | Listing first seen on site |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.
Last checked 2026
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
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