1804 Forrest St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated payment $4,882/month
About This Home
Attention all investorsand especially owner-occupants who want their tenants to help pay the mortgagethis is your time! Welcome to historic Oleander-Sunset and discover 1804 Forrest St, a beautifully rebuilt 4-plex in the heart of Bakersfield. Taken down to the studs and thoughtfully renovated, this property offers two spacious 3-bedroom/1-bath units and two 1-bedroom/1-bath units. Every unit features brand-new flooring, windows, doors, A/C systems, electrical, and plumbing. A detached storage building in the rear includes its own gas and electric meters and can easily be converted into an ADU for additional income potential (buyer to verify). Whether you're looking for your first investment property or expanding your portfolio, this turnkey opportunity in one of Bakersfield's most desirable neighborhoods is not to be missed!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,883
Year Built
- Built in 1920
Interior Spaces
- 2,626 Sq Ft Home
- 1-Story Property
Parking
- 2 Car Parking Spaces
- Uncovered Parking
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 8,276 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00719710
Community Details
Overview
- 4 Units
- Southern Add Bakersfield Subdivision
Building Details
- Gross Income $70,800
- Net Operating Income $65,040
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,883 | $479,400 | $102,000 | $377,400 |
| 2024 | $7,883 | $460,000 | $100,000 | $360,000 |
| 2023 | $4,299 | $162,293 | $39,662 | $122,631 |
| 2022 | $4,143 | $159,112 | $38,885 | $120,227 |
| 2021 | $3,778 | $155,993 | $38,123 | $117,870 |
| 2020 | $3,646 | $154,395 | $37,733 | $116,662 |
| 2019 | $3,578 | $154,395 | $37,733 | $116,662 |
| 2018 | $3,508 | $148,402 | $36,269 | $112,133 |
| 2017 | $3,476 | $145,493 | $35,558 | $109,935 |
| 2016 | $3,281 | $142,641 | $34,861 | $107,780 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $800,000 | +3.2% | $305 / Sq Ft | |
| 11/12/2025 11/12/25 | For Sale | $775,000 | +158.3% | $295 / Sq Ft | |
| 06/07/2024 06/07/24 | Sold | $300,000 | -14.3% | $114 / Sq Ft | View Prior Sale |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- | |
| 04/22/2024 04/22/24 | Price Changed | $350,000 | -27.1% | $133 / Sq Ft | |
| 03/28/2024 03/28/24 | For Sale | $480,000 | -- | $183 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Ticor Title | |
| Grant Deed | $300,000 | Ticor Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202512657
APN: 007-197-10-00-3
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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