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$195,000
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.

1902 Lotus Ln, Bakersfield

Courtesy of Eric Mora with The Mora Partners Inc.

$1,100,000
4 Beds
Investment, Development, and Income-Producing Potential on 10 Acres! Located in southeast Bakersfield, this unique property features a 4-bedroom, 2-bath residence offering over 2,500 square feet of living space on approximately 10 acres of usable land. The true value lies in the incredible opportunity this property presents. Whether you're an investor, developer, business owner, or someone looking for space to grow, the possibilities are endless. Potential future uses may include residential development, lot splits, an event venue, truck and equipment parking, agricultural ventures, or other income producing opportunities (buyer to conduct their own investigations and verify all intended uses). Properties offering this combination of acreage, accessibility, and future upside are increasingly difficult to find. Secure your piece of Bakersfield's growth and capitalize on the potential this property has to offer!

1404 Cottonwood Rd, Bakersfield

Courtesy of Nelson Cantu with Keller Williams Realty

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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