2700 White Lane, Bakersfield, CA 93304

Bakersfield
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:46 day(s) ago
  • Updated:April 05, 2026 at 10:31 AM

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
  • Levels:2 Story

Finances and disclosures

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

Parking

  • Total parking spaces:150
  • Parking description:Uncovered
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