407 Center St Unit UNIT, Taft, CA 93268
Rent to own building
Property size:
900 SFPrice / SF:
$138/SF- Added:
- May 19, 2026
- Days on Market:
- 50
- Last Refresh:
- May 19 at 8:25 am
Property Features for 407 Center St Unit UNIT
General Information
- Standard status
- Active
- Property type
- Storefront properties, Retail properties & Spaces
- Size
- 900 SF
- Net Rentable
- 900 SF
- Class
- B
- Total Parking Spaces
- 5
- Elevators
- No
- Sale Condition
- Lease Option
- Investment Type
- Institutional
- Net Operating Income
- $200
Building Details
- Year Built
- 1950
- Year Renovated
- 2025
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing agent Julien (661) 717-6481
Listing office (661) 717-6481
Listing date May 19, 2026
HighLights
- $25,000 down rent to own $1,000 month
- 661‑717‑6481 '' call me anytime.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.5k | $15.00 |
| − Vacancy | −$797 | −$0.89 |
| EGI | $12.7k | $14.11 |
| − OpEx | −$3.8k | −$4.23 |
| NOI | $8.9k | $9.88 |
900 SF · lease $15.00/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$127.0K
$111.2K – $148.2K
NOI $8,892 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$192.3K
$168.2K – $224.3K
NOI $13,459 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Albertsons Floral — 1044 Kern St, Taft, CA 93268
- Jack's Flower Shop — 430 Center St, Taft, CA 93268
- Country Corner Florist — 530 Kern St # B, Taft, CA 93268
Location Insight
- Map
- Local Demand
- City
- Taft
- County
- Kern
- State
- California
- Longitude
- -119.4589984
- Latitude
- 35.1409652
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Rent to own building
Where is this storefront property located?
The property is located at 407 Center St Unit UNIT Taft, CA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: $25,000 down rent to own $1,000 month; 661‑717‑6481 '' call me anytime.
