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Listed by: Filip Niculete (818) 212-2817 DRE #01905352, Glen Scher DRE #01962976 | Marcus & Millichap (818) 212-2700
$9,950,000
149 Beds
- 149 Baths
59,600sqft
2700 White Ln, Bakersfield, CA 93304
$9,950,000
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Multi Family
Built in 1965
$-- HOA
2.72 acres lot
$167/sq.ft
Description
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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
59,600 sqft
Lot Size
2.72 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26654845
MLS Status
Active
Days on Market
10
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