NOT LISTED FOR SALE

305 Monroe St Taft, CA 93268

Ford City Neighborhood
-- Bed
-- Bath
4,698 Sq Ft
0.32 Acres

Last Sold March 01, 2024

Last sale price $505,000 $107 Per Sq Ft

153 Days on Market

Highlights

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

About This Home

As of March 2024

PRICE REDUCTION! 6-unit apartment complex in Taft, CA. 100% Occupied, High Rental Demand, All units are 2 bedroom / 1 bathroom. Rents have room for improvement, Value Add Opportunity! Professionally managed. SOLID CASH FLOW!

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 09/25/2023

Last Buyer's Agent

Maria Davalos

AREG, Inc. License #01777691

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.32

Home Design

  • Composition Roof

Interior Spaces

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

Parking

  • Carport
  • 6 Car Parking Spaces

Schools

  • Jefferson 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 $67,032
  • Net Operating Income $44,174

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: 5000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4698.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 19916302

Multi Family

  • Total Annual Expense: 22858.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 6
  • Existing Lease Type: Net
  • Annual Gross Income: 67032.00
  • Property Net Operating Income: 44174.00

MLS Schools

  • Elementary School: Jefferson_Taft

Range of Values:

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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 Change Sq Ft Price
03/01/2024 03/01/24 Sold $505,000 -2.1% $107 / Sq Ft
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
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Holt

    Seller's Agent in 2024

    Daniel Holt

    Portfolio Properties

    (661) 343-2955

    5 in this area

    49 Total Sales

    Daniel Holt
    Section Image

  • M

    Buyer's Agent in 2024

    Maria Davalos

    AREG, Inc.

    (833) 444-2734

    2 in this area

    7 Total Sales

    Maria Davalos
    Section Image

  • E

    Seller's Agent in 2021

    Evangeline Flores

    Open Door Real Estate

    (661) 331-6701

    3 in this area

    37 Total Sales

    Evangeline Flores
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202310048

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

305 Monroe St, Taft, CA

This home is located at 305 Monroe St, Taft, CA 93268 since 25 September 2023. This property was built in 1971. 305 Monroe St is a home located in Kern County with nearby schools including Jefferson Elementary School, Roosevelt Elementary School, and Lincoln Junior High School.

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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