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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.

$95,000
Prime opportunity on this 7,405 sq ft commercial-zoned lot, offering flexibility for a variety of potential uses. Positioned in a desirable, high-visibility location with easy access, this property is ideal for investors, developers, or business owners ready to bring their vision to life. Previously improved with residential structures, the groundwork may allow for a smoother building process, adding to its overall appeal. The lot offers ample space for development with potential for commercial or mixed-use opportunities. Surrounded by established properties and ongoing growth, this location supports long-term value and future upside. Whether you're looking to build now or hold for future development, this property delivers versatility and potential. Don't miss your chance to secure a well-positioned lot with endless possibilitiesdrive by today!

331 Dr Martin L King Jr Blvd, Bakersfield

Courtesy of Jared Cope with The Cope Real Estate Team

$84,900
Don't miss this opportunity to purchase residential vacant land in Bakersfield with multi-family zoning. This R-2 zoned residential lot offers excellent potential for investors, builders, and developers seeking to construct a duplex, multi-family income property, or long-term residential investment. Conveniently located close to local schools and directly across the street from a neighborhood market, this property offers everyday accessibility that appeals to both future homeowners and tenants. In addition to income-producing possibilities, this vacant lot can also serve as a blank canvas for a buyer ready to build a custom single-family residence and create their own dream home from the ground up. Whether you're planning a personal residence or a smart investment property, this parcel provides flexibility to bring your vision to life in an established Bakersfield neighborhood.

1104 Virginia Ave, Bakersfield

Courtesy of Laurie F McCarty with Coldwell Banker Preferred, REALTORS®

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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