1800 Forrest Street Bakersfield, CA $ 1,225,000
1800 Forrest Street
$ 1,225,000
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1800 Forrest Street

Bakersfield, CA, 93304
$ 1,225,000
Baths0.0 Sq 4,272

Monthly Estimate*

$ 7,543

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,225,000. This 4,272 square foot home was built in 1919.

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.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 - 10 Units

Year Built

1919

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202603702

Features
General
Living Area 4272.00
Year Built 1919
Neighborhood Oleander
Stories Count 1
Property Subtype 5 - 10 Units
Parcel Number 00719712
Gross Income 108000.00
County Kern
Net Operating Income 90770.00
Property Type Residential Income
Close Price 0.00
Status Active
High School Bakersfield
City Bakersfield
Disclosures None of the Above
Number Of Units Total 8
MLS Area 10
Lot Size Units SqFt
Lot Size Square Feet 12196.00
Elementary School Penn William
Middle/Junior High School Emerson
Cap Rate 0.07
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Exterior
Parking Features Other
Garages 0
Parking 8.00
Lot Size Source (Public Record)
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Internal Only
Street Number 1 1800
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* Excluded Features
List By
Troy T. Lei

Listing Agent

Miramar Realty

Broker

troylei@gmail.com

Email

Affordability Calculator

$7,543
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,543
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5248196 Elementary School
1905005 Middle School
Bakersfield High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,200,000 Listed Price

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1800 Forrest Street, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $1,225,000 with 4,272 sqft. 1800 Forrest Street is a studio with 0.0 baths and was built in 1919. The property's zip code is 93304 which is in Bakersfield, CA