1800 FORREST STREET, Bakersfield, CA 93304
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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:57 day(s) ago
- Updated:June 06, 2026 at 02:24 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
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