Triplex with Attached
New
For Sale
$349,000
107 Park Way, Wofford Heights, CA 93285
Multi Family, Wofford Heights, CA
Property Size2,658 SF
Lot Size0.23 Acres
Price / SF$131.30
Days on Market3
Property Features for 107 Park Way
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-3
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 5, Bathroom 6, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 1, Bathroom 3
Interior features
Flooring- Carpet, Flooring- Vinyl Plank
Appliances
Oven/Range- Propane, W/D Hookups
Lot features
Fenced- Partial
Directions
From Wofford Heights Blvd. turn right onto Park Way, property on the left
Subdivision
Wofford Heights 93285
Standard status
Active
APN
083-122-16
Size
2,658 SF
Lot size
0.23 Acres
Utilities
Cooling system
Central Air
Amenities
decorative fireplace
washer/dryer hookups
Building Details
Year built
1988
Number of units
3
Roof type
Composition
Listing Agency:
Destiny Real Estate
Listed By:
Annette Marie Pounds · License #02192807
(760) 382-9893
Added: Oct 17
Changed: Oct 18
Last Checked: Oct 19 at 1:06AM
MLS# 2609031
Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This triplex contains three separate units, each with two bedrooms and two bathrooms across approximately 886 square feet. Decorative fireplaces and central air conditioning are provided in each residence. Attached two-car garages include washer and dryer hookups. Interior finishes include carpet and vinyl plank flooring, with propane oven/ranges and composition roofing.
The property occupies 0.23 acres in Wofford Heights, near local shops and the lake. Built in 1988, the building totals 2,658 square feet and is zoned R-3.
The property occupies 0.23 acres in Wofford Heights, near local shops and the lake. Built in 1988, the building totals 2,658 square feet and is zoned R-3.
Key Highlights
- Three 2‑bedroom, 2‑bath units, each approximately 886 square feet
- Attached 2‑car garage for each unit, with washer/dryer hookups
- 0.23‑acre lot; 2,658 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,620
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,400
$612.4K
Cap Rate 7%
$437,429
$437.4K
Cap Rate 9%
$340,222
$340.2K
Market Conditions
NOI Build-Up for 2,658 SF
Gross rent
$57.4K $21.60/SF
− Vacancy
−$1.7K −$0.65/SF
EGI
$55.7K $20.95/SF
− OpEx
−$25.1K −$9.43/SF
NOI
$30.6K $11.52/SF
Area
Kern County, CA
Vacancy
3.03%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,400
Cap Rate 7%
$437,429
Cap Rate 9%
$340,222
Alternative Uses
Best Use
Multifamily LT 5
$474.0K
$414.7K – $553.0K
NOI $33,177 @ 7.0% cap · market cap 9.51%
Second Best
Apartment 5plus
$437.4K
$382.8K – $510.3K
NOI $30,620 @ 7.0% cap · market cap 8.77%
Theoretical Best
Warehouse
$567.8K
$496.9K – $662.5K
NOI $39,748 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
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Business Placement
Demographics for 93285, CA
2,457
Population
2,225
Households
1.1
Avg Household Size
60
Median Age
13%
College-Educated
86%
High-School Grad
54.4 sq mi
ZIP Area
45
Density / Sq Mi
$39,844
Median Household Income
$51,429
Median Earnings
$921
Median Rent
$202,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences each include two bedrooms, two bathrooms, and central air conditioning.
Where is this triplex located?
The property is located at 107 Park Way Wofford Heights, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Three 2‑bedroom, 2‑bath units, each approximately 886 square feet; Attached 2‑car garage for each unit, with washer/dryer hookups; 0.23‑acre lot; 2,658 square feet of building area
