2700 White Lane, Bakersfield, CA 93304

Local realty services provided by:ERA North Orange County Real Estate
2700 White Lane,Bakersfield, CA 93304
$9,950,000
  • 149 Beds
  • 149 Baths
  • 59,600 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:26654845
Source:CRMLS

Price summary

  • Price:$9,950,000
  • Price per sq. ft.:$166.95

About this home

We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand.The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with

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Home facts

  • Year built:1965
  • Listing ID #:26654845
  • Added:1 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:149
  • Total bathrooms:149
  • Living area:59,600 sq. ft.

Structure and exterior

  • Year built:1965
  • Building area:59,600 sq. ft.
  • Lot area:2.72 Acres

Finances and disclosures

  • Price:$9,950,000
  • Price per sq. ft.:$166.95
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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