$750,000

305 Monroe St Taft, CA 93268

Estimated payment $4,886/month

Total Views 1,702
-- 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

0.32 Acres

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,261 $515,100 $114,240 $400,860
2024 $12,261 $424,482 $31,836 $392,646
2023 $8,419 $416,160 $31,212 $384,948
2022 $8,118 $408,000 $30,600 $377,400
2021 $6,593 $300,000 $21,000 $279,000
2020 $4,198 $129,974 $11,187 $118,787
2019 $4,172 $129,974 $11,187 $118,787
2018 $4,134 $124,928 $10,753 $114,175
2017 $4,077 $122,480 $10,543 $111,937
2016 $3,986 $120,080 $10,337 $109,743
2015 $3,670 $118,277 $10,182 $108,095
2014 $3,414 $115,961 $9,983 $105,978
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
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