Baker Real Estate

Baker Real Estate

Welcome to Bakersfield, California – a vibrant city nestled in the heart of Kern County, where the golden hills meet the expansive blue skies. Known for its rich agricultural roots and thriving economy, Bakersfield offers a unique blend of small-town charm and urban convenience, making it an ideal place to call home.

Bakersfield is renowned for its warm climate, with over 260 sunny days a year, perfect for outdoor enthusiasts and families alike. The city boasts an array of parks, including the scenic River Walk Park, where residents can enjoy leisurely strolls, picnics, and a variety of community events. For those who appreciate the arts, Bakersfield is home to a burgeoning music scene, including the legendary Bakersfield Sound, which has given rise to country legends like Buck Owens and Merle Haggard.

The city is also strategically located, providing easy access to major highways and proximity to Los Angeles, making it an attractive option for commuters. Bakersfield's economy is diverse, with strong sectors in agriculture, oil production, and healthcare, ensuring a robust job market for its residents.

Families will find a welcoming community with excellent schools, recreational facilities, and a variety of family-friendly activities. Local farmers' markets, cultural festivals, and a rich culinary scene featuring everything from farm-to-table dining to classic diners ensure there’s something for everyone.

Whether you're looking to invest in a cozy starter home or a spacious family residence, Bakersfield offers a range of real estate options that cater to every lifestyle. Come discover the charm and opportunity that Bakersfield has to offer – your perfect home awaits!

Newest Listings in Baker

$7,900,000
149 Beds 149 Baths 26654845 MLS
We are pleased to present 2700 White Lane, a 149-unit studio apartment community located at the White Lane interchange with Highway 99 in southwest Bakersfield. Originally constructed in 1965 as a 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 now offered at $7,900,000, or approximately $53,020 per unit, as a court-supervised receivership sale. Attractive seller financing is available to qualified buyers. Call for terms.The two-story, L-shaped property includes approximately 61,500 square feet of building area across 149 studio units averaging approximately 413 square feet each, with kitchenette configurations in a converted-hotel format. The site offers high visibility from Highway 99, a large surface parking lot, a swimming pool, on-site laundry, and access to retail and services throughout southwest Bakersfield.The May 1, 2026 management rent roll reports 150 active entries because it includes a separate Flex Room. Excluding that non-residential entry, the residential rent roll reflects 149 apartment units, 59 vacant residential units, and approximately 60% residential occupancy. This should be viewed as an active lease-up and operational repositioning opportunity, not a stabilized apartment investment. A new owner can create value by completing the remaining site work, continuing the resident transition, leasing the vacant units with disciplined screening, and improving collections and operating performance.Meaningful capital has already been invested in the property. Seller-provided materials report that the fire sprinkler and alarm systems have been completed, and a City of Bakersfield receipt confirms the receiver paid a $491,700 park fee on March 2, 2026. Two recent third-party bids provide budget references for portions of the remaining exterior, accessibility, and site work: $394,284 from Diamond Peak Construction and $461,291 from Pyramid Construction. The bids have different scopes and exclusions, so buyers should review the plans, permits, public-works requirements, utility work, bid exclusions, and remaining CUP conditions during due diligence.The local rent story is supported by the OM rent comparable set and the property's housing-assistance component. The updated model assumes $1,095 in potential monthly rent per unit, while the OM's local studio rent comparables range from $955 to $1,095 per month. The Bakersfield Housing Authority has approved contract rents at the property up to $1,095 per month, providing additional support for the rent assumption subject to buyer verification and applicable program requirements.With 149 units, a court-supervised sale process, an approved multifamily entitlement, seller financing availability, a low acquisition basis, a paid $491,700 park fee, and current third-party site-work bids, 2700 White Lane offers a clear value-add opportunity for an experienced multifamily operator prepared to complete the remaining work and execute the lease-up plan.

2700 White Ln, Bakersfield

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.