$260,000

$260,000

Est. $1,721/mo · 20% down · 6.5% · 30yr

1902 Lotus, Bakersfield, CA, 93307

Expired
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40,560lot sqft
866 days on market

About this home

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

💰

$260,000

Price

🌿

40,560 sqft

Lot Size

📅

866 days

Days Listed

ExpiredBakersfield, CA 93307

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Loan Type

Loan Term

$260,000
%
3%50%
$13,000 down
%
3%12%
%
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Total Monthly (PITI+MI)

$2,043

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$1,561
Property Taxes / mo$271
Home Insurance / mo$120
PMI (Mortgage Insurance)$91
Total Est. Payment$2,043
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93307

Market Stats

Active Listings

205

ZIP 93307

Median List Price

$368K

ZIP 93307

Avg Days on Market

94

Bakersfield avg

Sale / List Price

297.8%

avg ratio

1902 Lotus, Bakersfield, CA, 93307

Listed by: Alejandro Mora, The Mora Partners Inc.

Office: 661-463-8186

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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