$1,575,000
SOLD MAR 27, 2026

128 White Ln Bakersfield, CA 93307

Wible Orchard Neighborhood
-- Bed
-- Bath
6,208 Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: March 27, 2026

$254 Per Sq Ft

5% Above List Price

5 Days on Market

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Greg Desme

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

Last Buyer's 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

  • 11,325 Sq Ft 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
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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
03/27/2026 03/27/26 Sold $1,575,000 +5.0% $254 / Sq Ft
02/25/2026 02/25/26 Pending -- -- --
02/20/2026 02/20/26 For Sale $1,499,500 -- $242 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Agents Affiliated with this Home

  • G

    Seller's Agent in 2026

    Greg Desme

    Cal State Realty Services

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Map

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

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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