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Active under contract
  • $1,225,000

    1800 Forrest St, Bakersfield, CA 93304

    --beds
    --baths
    4,272sqft
    : 
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    Multi Family
    Built in 1919
    -- sqft lot
    $1,211,700 Zestimate®
    $287/sqft
    $-- HOA

    What's special

    Turnkey 8-Unit Spanish-Style Multifamily | Fully Renovated | $1.2M | Strong In-Place IncomeThis is one of the cleaner small multifamily deals we've seen recently.Fully renovated 8-unit Spanish-style property priced at $1.2M, generating $9,000/month ($108K annually) with rents already at or very close to market. This property combines character, functionality, and a clean operational profile, while also having a desirable central location.The seller just completed a full rehab, so an investor is stepping into a true turnkey situation without taking on construction risk, lease-up risk, or rent speculation. That alone is where most of the value is here.Ideal for investors seeking a low maintenance asset! Call for more details today!Unit mix is ideal for the current marketprimarily 1-bedrooms at $1,100 with washer/dryer hookups, plus two 2-bedrooms at $1,200. It's a bread-and-butter renter profile that stays consistently occupied.All units feature washer/dryer hookups.
    95 days
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    35
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Troy T. Lei DRE #01463231 661-342-0095 troylei@gmail.com,

    Miramar Realty

    Source: Bakersfield AOR,MLS#: 202603702MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 4,272
      • Total interior livable area: 4,272 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Other
      Features
      • Levels: One
      Lot
      • Size: 0.28 Acres
      Details
      • Parcel number: 00719712

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1919

      Community & HOA

      Location
      • Region: Bakersfield

      Financial & listing details

      • Price per square foot: $287/sqft
      • Date on market: 4/9/2026
      • Cumulative days on market: 97 days

        Estimated market value

        $1,211,700

        $1.15M - $1.27M

        $1,187/mo

        Price history

        DateEventPrice
        4/9/2026Listed for sale$1,225,000+1125%$287/sqft
        Source: Bakersfield AOR #202603702 Report a problem
        2/14/2025Sold$100,000-74.7%$23/sqft
        Source: Bakersfield AOR #202404633 Report a problem
        5/22/2024Pending sale$395,000$92/sqft
        Source: Bakersfield AOR #202404633 Report a problem
        5/11/2024Listed for sale$395,000$92/sqft
        Source: Bakersfield AOR #202404633 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oleander Sunset

        Getting around

        81 / 100
        Very Walkable
        45 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Penn, William
        • Middle: Emerson
        • High: Bakersfield

        Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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