NOT LISTED FOR SALE

1804 Forrest St Bakersfield, CA 93304

Oleander-Sunset Neighborhood

Estimated Value: $492,000 - $783,000

6 Beds
2 Baths
2,626 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2024

Last sale price $300,000 $114 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,087 / mo

32 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of June 2024

Investment opportunity to expand your rental portfolio. This is a 4-plex.

Last Agent to Sell the Property

Debra Merrick

Broker X License #01963317 Listed on: 03/28/2024

Last Buyer's Agent

Blodgie Rodriguez

Paramount Real Estate License #01439791

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,276

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2,626 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

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

Additional Features

  • 8,276 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00719710

Community Details

Overview

  • 4 Units
  • Southern Add Bakersfield Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $24,657

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2626.00

Exterior Features

  • Roof: Composition
  • Disclosures: Probate

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 00719710

Multi Family

  • Total Annual Expense: 4143.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 24657.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 3, 2024
Sold by
Alvarez Elizabeth
Bought by
Lara Stephanie Y and Alvarez Toribio
Seller's Agent
Debra Merrick
Broker X
Buyer's Agent
Blodgie Rodriguez
Paramount Real Estate
List Price
$480,000
Sold Price
$300,000
Premium/Discount to List
-$180,000
-37.5%
Views
53
Current Estimated Value
$651,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,333
Avg. Annual Appreciation
51.04%
Original Mortgage
$225,000
Outstanding Balance
$220,820
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$430,513

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 29, 2024
Sold by
Alvarez Toribio R and Alvarez Toribio
Bought by
Padilla Abran
Seller's Agent
Debra Merrick
Broker X
Buyer's Agent
Blodgie Rodriguez
Paramount Real Estate
List Price
$480,000
Sold Price
$300,000
Premium/Discount to List
-$180,000
-37.5%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$220,820
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$430,513
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
Lara Stephanie Y -- Ticor Title
Padilla Abran $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Abran $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $300,000 -14.3% $114 / Sq Ft
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
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 $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
2015 $3,113 $129,000 $19,000 $110,000
2014 $3,125 $136,000 $30,000 $106,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Debra Merrick

    Broker X

    (661) 322-7000

    3 in this area

    49 Total Sales

    Debra Merrick
    Section Image
  • Blodgie Rodriguez

    Buyer's Agent in 2024

    Blodgie Rodriguez

    Paramount Real Estate

    (661) 319-2763

    7 in this area

    89 Total Sales

    Blodgie Rodriguez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402962

Bakersfield Association of REALTORS® / GEMLS

APN: 007-197-10-00-3

California Kern County Bakersfield 93304 Oleander-Sunset

1804 Forrest St, Bakersfield, CA

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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