$1,499,500

128 White Ln Bakersfield, CA 93307

Wible Orchard Neighborhood

Estimated payment $9,225/month

-- Bed
-- Bath
6,208 Sq Ft
$242 Price per Sq Ft

About This Home

Rare opportunity to acquire a 16-unit townhome-style apartment community offering spacious 2-bedroom, 1.5-bath units located on 2 seperate lots. Consistently low vacancy rates demonstrate strong tenant demand. Substantial upside in rents provides excellent value-add potential and opportunity to increase cash flow. A solid long-term hold with immediate income and future growth.

Listing Agent

Greg Desme

Cal State Realty Services License #01086075 Listed on: 02/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Interior Spaces

  • 6,208 Sq Ft Home
  • 2-Story Property

Parking

  • 16 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 0.26 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 02505032

Community Details

Overview

  • 16 Units

Building Details

  • Gross Income $142,320
  • Net Operating Income $85,528

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Building Stories: 2
  • Deposit Amount Required: 30000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.2600
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 6208.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 16.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Lot Info

  • Zoning Description: C-2
  • Lot Size Sq Ft: 11325.00
  • Parcel #: 02505032

Multi Family

  • Total Annual Expense: 56792.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 16
  • Existing Lease Type: Net
  • Annual Gross Income: 142320.00
  • Property Net Operating Income: 85528.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 For Sale $1,499,500 -- $242 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202601908

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93307 Wible Orchard

128 White Ln, Bakersfield, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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Listing Agent
Greg Desme
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Cal State Realty Services
(661) 633-2943
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