2700 White Ln, Bakersfield, CA 93304
Value-add studio apartment community in Southwest Bakersfield.
- Added:
- Apr 3, 2026
- Days on Market:
- 65
- Last Refresh:
- Apr 3 at 4:58 am
Property Features for 2700 White Ln
General Information
- Standard status
- Active
- Size
- 59,600 SF
- Property subtype
- Multifamily
Listing agent Glen Scher License #CA: 01962976 (818) 212-2808
Listing office Encino Office (818) 212-2808
Listing date Apr 3, 2026
Source Marcusmillichap
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HighLights
- Heavy value‑add opportunity with approved entitlement.
- Strong rental comparables support a stabilized rent assumption of $1,075 per month.
- Deep Section 8 demand with approved contract rents ranging from $975 to $1,095 per month.
- Completed fire sprinklers and alarm systems represent substantial life‑safety capital already invested.
- Exceptional freeway visibility and direct access from White Lane.
- Sale comparable validation from Park Villa Apartments at 1405 White Lane.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.39M | $23.28 |
| − Vacancy | −$83.2k | −$1.40 |
| EGI | $1.30M | $21.88 |
| − OpEx | −$586.9k | −$9.85 |
| NOI | $717.3k | $12.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.0342038
- Latitude
- 35.3181851