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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1800 Forrest Street in Bakersfield, CA is listed for $1,200,000 ($281 per sqft). Built in 1919, the home offers 4,272 sqft of living space on a 0.28 acres lot.
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.
Key Features
- Built in 1919
- 0.28 acre lot
- 8 parking spaces
Property Details
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1800 Forrest Street
Bakersfield, CA 93304
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1800 Forrest Street is listed at $1,200,000 ($281/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1919, 0.28 acre lot, 8 parking spaces.
This property is listed by Troy T Lei and can be reached at 6613420095 or troylei@gmail.com.
