$360,000
For Sale

1902 Lotus Lane

Bakersfield, CA 93307
0.93 acres | #SR23186436
Listing OfficeThe Mora Partners Inc.
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionElevenToFifteenUnitsAcre
      • MLS #SR23186436
      • MLS #SR23186436
      • Property TypePurchase
      • Original List Price$495,000
      • Acres0.9311
      • Utility SourcePublic
      • Cost360000
      • CountyKern
      • Property SubtypeLand

Location

Lucy & ArmenReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00