Baker (BAKR) Homes with Two Levels Stories

Baker (BAKR) Homes with Two Levels Stories

Welcome to Baker, California—a hidden gem nestled in the heart of Kern County. Known for its warm climate, friendly community, and vibrant local culture, Bakersfield is a city that truly embodies the spirit of Southern California living. With its rich agricultural roots and burgeoning economy, this region offers a unique blend of urban convenience and rural charm, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of homes in Bakersfield is the availability of two-level stories, which provide ample space and functionality for modern living. These multi-story residences are perfect for those seeking a combination of privacy and togetherness. With multiple levels, homeowners can enjoy spacious bedrooms, dedicated office spaces, and inviting entertainment areas—all while maintaining a sense of separation when needed.

The architectural styles in Bakersfield are as diverse as its residents, ranging from classic ranch-style homes to contemporary designs, ensuring that there’s something for everyone. Many two-story homes come equipped with beautiful outdoor spaces, perfect for enjoying the sunny California weather, hosting gatherings, or simply unwinding after a long day.

Living in Bakersfield means having access to excellent schools, parks, and recreational facilities, all while being just a short drive away from the stunning landscapes of the Sierra Nevada mountains and the beautiful beaches of the Pacific coast. Whether you’re drawn to the charm of its neighborhoods or the promise of a thriving community, Bakersfield is the perfect place to call home. Explore the possibilities of two-story living in this vibrant city today!

Newest Baker (BAKR) Homes with Two Levels Stories

$7,900,000
149 Beds 149 Baths 26654845 MLS Active Status
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 Lane, Bakersfield

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.