$618,000
PENDING

224 E St Taft, CA 93268

Estimated payment $3,865/month

Total Views 983
-- Bed
-- Bath
4,554 Sq Ft
$136 Price per Sq Ft

About This Home

Excellent investment opportunity in Taft, California! This six-unit multifamily property at 222-224 E Street offers spacious 2-bedroom, 1-bath units, totaling approximately 4,554 square feet. Built in 1964, five of the six units have been rehabbed, making it a great mix of value and potential. With a 7.98 gross rent multiplier and rents ranging from $805 to $1,200, this property generates solid income at an affordable price of only $103,000 per unit. Priced at $618,000, this is an ideal addition to any investor's portfolio!

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Parking

  • Carport

Interior Spaces

  • 4,554 Sq Ft Home
  • 2-Story Property

Schools

  • Parkview Elementary School
  • Taft High School

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03917115

Community Details

Overview

  • 6 Units
  • Taft Subdivision

Building Details

  • Gross Income $77,463
  • Net Operating Income $44,364

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1964
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4554.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Taft

Lot Info

  • Zoning Description: r2
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 03917115

Multi Family

  • Total Annual Expense: 30000.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 6
  • Existing Lease Type: Net
  • Annual Gross Income: 77463.00
  • Property Net Operating Income: 44364.00

MLS Schools

  • Elementary School: Parkview

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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
03/21/2025 03/21/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $618,000 -- $136 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502729

Bakersfield Association of REALTORS® / GEMLS
California Kern County Taft 93268

224 E St, Taft, CA

Pending

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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Marc Thurston
Listing Agent
Marc Thurston
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ASU Commercial
(661) 466-4434