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.
Active under contract
$1,225,000
1800 Forrest St, Bakersfield, CA 93304
--beds
--baths
4,272sqft
Multi Family
Built in 1919
-- sqft lot
$1,207,700 Zestimate®
$287/sqft
$-- HOA
What's special
- 143 days
- 28
- 1
Zillow last checked:
Listing updated:
Listed by:
Troy T. Lei DRE #01463231 661-342-0095 troylei@gmail.com,
Miramar Realty
Source: Bakersfield AOR,MLS#: 202603702
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: 146 days
Estimated market value
$1,207,700
$1.15M - $1.27M
$1,352/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $1,225,000+1125%$287/sqft |
Source: | ||
| 2/14/2025 | Sold | $100,000-74.7%$23/sqft |
Source: | ||
| 5/22/2024 | Pending sale | $395,000$92/sqft |
Source: | ||
| 5/11/2024 | Listed for sale | $395,000$92/sqft |
Source: | ||
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.Climate risks
Neighborhood: Oleander Sunset
Nearby schools
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.
Local buyer's agents are ready to help







