$750,000

305 Monroe St Taft, CA 93268

Estimated payment $4,668/month

Total Views 1,146
-- Bed
-- Bath
4,698 Sq Ft
$160 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • Evaporated cooling system
  • 1-Story Property

About This Home

Income-Producing 6-Unit Apartment Building - Taft, CAEach Unit: 2 Bedrooms / 1 Bath | Huge Cash-Flow Potential | Minutes from Hard Rock Hotel & CasinoAttention investors! This rare 6-plex opportunity in Taft, California, offers strong rental demand, excellent upside, and a prime location near major employers and upcoming developmentSix spacious 2BD/1BA units,Solid construction with long-term rental history, Property needs some TLC, offering huge value-add potential

Listing Agent

Maria Davalos

AREG, Inc. License #01777691 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Uncovered Parking

Interior Spaces

  • 4,698 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Additional Features

  • 0.32 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 19916302

Community Details

Overview

  • 6 Units
  • Ford Subdivision

Building Details

  • Gross Income $86,400
  • Net Operating Income $23,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4698.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning Description: r1
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 19916302

Multi Family

  • Total Annual Expense: 32000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 6
  • Existing Lease Type: Net
  • Annual Gross Income: 86400.00
  • Property Net Operating Income: 23850.00

MLS Schools

  • Elementary School: Roosevelt_Taft

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
11/20/2025 11/20/25 For Sale $750,000 +48.5% $160 / Sq Ft
03/01/2024 03/01/24 Sold $505,000 -2.1% $107 / Sq Ft View Prior Sale
02/25/2024 02/25/24 Pending -- -- --
11/22/2023 11/22/23 Price Changed $516,000 -7.9% $110 / Sq Ft
10/13/2023 10/13/23 Price Changed $560,000 -3.4% $119 / Sq Ft
09/25/2023 09/25/23 For Sale $580,000 +45.0% $123 / Sq Ft
04/15/2021 04/15/21 Sold $400,000 +8.3% $85 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $369,500 -- $79 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202512879

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

305 Monroe St, Taft, CA

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. 2025.

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Listing Agent
Maria Davalos
Section Image
AREG, Inc.
(833) 444-2734