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1800 Forrest Street Bakersfield, CA 93304

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$1,225,000

MULTI_FAMILY - Bakersfield, CA

Property size:
4,272 SF
Lot size:
0.28 Acres
Added:
Apr 7, 2026
Days on Market:
7
Last Refresh:
Apr 13 at 3:06 pm

Property Features for 1800 Forrest Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Standard status
Active
APN
00719712
Size
4,272 SF
Lot size
0.28 Acres

Building Details

Year built
1919
Floors in Building
1
Number of units
8

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Listing Contact
Troy T Lei
Troy T Lei

Listing agent Troy T Lei

Listing office Miramar Realty 9700 Stockdale Hwy, Suite 329, Bakersfield, CA

Listing date Apr 7, 2026

MLS# 202603702

Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Multifamily Investment Opportunity

This is a fully renovated 8-unit Spanish-style multifamily property. Priced at $1.2M, it generates $9,000 per month, totaling $108,000 annually, with rents at or near market rates. The property combines character, functionality, and a clean operational profile, enhanced by a desirable central location. The seller has completed a full rehabilitation, presenting investors with a turnkey situation, eliminating construction, lease-up, and rent speculation risks. This makes it ideal for investors seeking a low-maintenance asset. The unit mix is suited for the current market, featuring primarily 1-bedroom units renting for $1,100, equipped with washer and dryer hookups, along with two 2-bedroom units renting for $1,200. This caters to a renter profile that maintains consistent occupancy. All units include washer and dryer hookups. The property is situated on a 0.28-acre lot and the building size is 4,272 square feet. The property is located in Bakersfield, CA.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Bakersfield
County
Kern
State
California
Longitude
-119.022331
Latitude
35.365157

FAQs

What type of property is this?
Apartment building - Fully renovated 8-unit Spanish-style property with strong in-place income.
Where is this apartment building located?
The property is located at 1800 Forrest Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Turnkey, **fully renovated 8‑unit Spanish‑style multifamily property.**; **Strong in‑place income:** $9,000/month ($108K annually) with rents at or near market value.; No construction, lease‑up, or rent speculation risk due to recent full rehab.
More about this property
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