NOT LISTED FOR SALE

18466 Shafter Ave Shafter, CA 93263

Estimated Value: $350,000 - $460,000

2 Beds
1 Bath
1,637 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $397,500 $243 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,642/month

107 Days on Market

About This Home

As of May 2022

Incredible opportunity to own a CASHFLOWING 4 unit complex in Shafter, 4 separate houses in 1 parcel!!!! for under $400k it is hard to find!, Zoned A-1 allows for lots of extra uses, over 1/3 of an acre, 2 homes are 3bd/1ba, 2 are 1bd/1ba. that is equal to over $3800 in monthly rents!! Some homes need a bit of TLC, but overall in good shape.

Last Agent to Sell the Property

Marco Morales Ramirez

Liberty One Real Estate Group License #02002604 Listed on: 12/20/2021

Last Buyer's Agent

Marco Morales Ramirez

Liberty One Real Estate Group License #02002604 Listed on: 12/20/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.33 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property

Schools

  • Richland Middle School
  • Shafter High School

Listing and Financial Details

  • Assessor Parcel Number 09004003

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $45,600
  • Net Operating Income $40,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1637.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater,Other

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Lot Size Sq Ft: 14374.00
  • Parcel #: 09004003

Multi Family

  • Total Annual Expense: 5000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.00
  • Property Net Operating Income: 40600.00

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $397,500 -0.4% $243 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $399,000 -- $244 / 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 $6,406 $421,829 $63,672 $358,157
2024 $5,977 $413,559 $62,424 $351,135
2023 $5,977 $405,450 $61,200 $344,250
2022 $2,254 $109,200 $24,262 $84,938
2021 $2,100 $107,060 $23,787 $83,273
2020 $2,100 $105,964 $23,544 $82,420
2019 $1,967 $105,964 $23,544 $82,420
2018 $1,879 $101,851 $22,631 $79,220
2017 $1,871 $99,855 $22,188 $77,667
2016 $1,798 $97,898 $21,753 $76,145
2015 $1,764 $96,429 $21,427 $75,002
2014 $1,715 $94,541 $21,008 $73,533
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marco Morales Ramirez

    Liberty One Real Estate Group

    (661) 748-2658

    5 in this area

    80 Total Sales

    Marco Morales Ramirez
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202113241

Bakersfield Association of REALTORS® / GEMLS

APN: 090-040-03-00-8

California Kern County Shafter 93263

18466 Shafter Ave, Shafter, 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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