NOT LISTED FOR SALE

1802 Forrest St Bakersfield, CA 93304

Oleander-Sunset Neighborhood

Estimated Value: $266,000 - $363,000

6 Beds
1 Bath
1,596 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $250,000 $157 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,007/month

35 Days on Market

Highlights

  • Heated Floors
  • Central Air
  • 1-Story Property

About This Home

As of May 2024

Investment opportunity to expand your rental portfolio. This property is 2 homes on 1 lot.

Last Agent to Sell the Property

Debra Merrick

Miramar International Calloway License #01963317 Listed on: 03/28/2024

Last Buyer's Agent

Flavio Perez

Open Door Real Estate License #01965640

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Penn Elementary School
  • Curran Middle School
  • Bakersfield High School

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00719711

Community Details

Overview

  • 2 Units
  • The Southern Addition Subdivision

Building Details

  • Gross Income $19,200
  • Net Operating Income $15,015

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1957
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1596.00

Exterior Features

  • Roof: Composition
  • Disclosures: Probate

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Evaporative, Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Curran

Lot Info

  • Zoning Description: Two Separate Residents on One Parcel
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00719711

Multi Family

  • Total Annual Expense: 4185.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 19200.00
  • Property Net Operating Income: 15015.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 6, 2024
Sold by
Alvarez Toribio R and Alvarez Toribio
Bought by
Carney Rosemary
Seller's Agent
Debra Merrick
Miramar International Calloway
Buyer's Agent
Flavio Perez
Open Door Real Estate
List Price
$425,000
Sold Price
$250,000
Premium/Discount to List
-$175,000
-41.18%
Views
27
Current Estimated Value
$304,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,333
Avg. Annual Appreciation
12.50%
Original Mortgage
$175,000
Outstanding Balance
$172,546
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$131,787
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carney Rosemary $250,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Rosemary $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $250,000 -23.1% $157 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $325,000 -23.5% $204 / Sq Ft
03/28/2024 03/28/24 For Sale $425,000 -- $266 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,696 $255,000 $40,800 $214,200
2024 $4,696 $294,000 $40,000 $254,000
2023 $4,185 $262,685 $65,666 $197,019
2022 $4,185 $257,535 $64,379 $193,156
2021 $3,981 $252,486 $63,117 $189,369
2020 $3,911 $249,898 $62,470 $187,428
2019 $3,834 $249,898 $62,470 $187,428
2018 $3,748 $240,196 $60,046 $180,150
2017 $3,725 $235,487 $58,869 $176,618
2016 $3,426 $230,870 $57,715 $173,155
2015 $3,405 $227,404 $56,849 $170,555
2014 $3,295 $222,951 $55,736 $167,215
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Debra Merrick

    Miramar International Calloway

    (661) 322-7000

    3 in this area

    54 Total Sales

    Debra Merrick
    Section Image

  • F

    Buyer's Agent in 2024

    Flavio Perez

    Open Door Real Estate

    3 in this area

    41 Total Sales

    Flavio Perez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402985

Bakersfield Association of REALTORS® / GEMLS

APN: 007-197-11-00-6

California Kern County Bakersfield 93304 Oleander-Sunset

1802 Forrest St, Bakersfield, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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