1800 FORREST STREET, Bakersfield, CA 93304

Bakersfield
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1800 FORREST STREET,Bakersfield, CA 93304
$1,225,000
  • - Beds
  • - Baths
  • 4,272 sq. ft.
  • Multi-family
  • Active
Listed by: troy lei
Office: miramar realty
MLS#:202603702
Source:BF

Price summary

  • Price:$1,225,000
  • Price per sq. ft.:$286.75

About this home

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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Home facts

  • Year built:1919
  • Listing ID #:202603702
  • Added:89 day(s) ago
  • Updated:July 08, 2026 at 02:32 PM

Rooms and interior

  • Living area:4,272 sq. ft.

Structure and exterior

  • Year built:1919
  • Building area:4,272 sq. ft.
  • Lot area:0.28 Acres
  • Levels:1 Story

Schools

  • High school:Bakersfield
  • Middle school:Emerson
  • Elementary school:Penn, William

Finances and disclosures

  • Price:$1,225,000
  • Price per sq. ft.:$286.75
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.

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