Three-Unit
New
For Sale
$295,000
704 Kern St, Taft, CA 93268
Three residences offer a varied bedroom mix, including a studio, one-bedroom unit, and three-bedroom unit.
Property Size1,518 SF
Price / SF$194.33
Days on Market5
Property Features for 704 Kern St
General Information
Standard status
Active
Size
1,518 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 1BR/1BA, 1 x studio/1BA
Multifamily Units
3
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
Nicholas E. Megazzi · License #01979906
(661) 301-2725
Source:
Exprealty
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Watson Realty
Investment Insights
Based on property information with market context.
At 704 Kern St in Taft, this 1,518-square-foot triplex contains three separate residences. The unit mix consists of a three-bedroom, one-and-a-half-bath unit; a one-bedroom, one-bath unit; and a studio with its own bath.
The property is described as close to schools, shopping, and local services.
The property is described as close to schools, shopping, and local services.
Key Highlights
- Three‑unit property totaling 1,518 square feet
- Unit A: 3 bedrooms and 1.5 bathrooms
- Unit B: 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,947
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,940
$378.9K
Cap Rate 7%
$270,671
$270.7K
Cap Rate 9%
$210,522
$210.5K
Market Conditions
NOI Build-Up for 1,518 SF
Gross rent
$27.9K $18.36/SF
− Vacancy
−$803 −$0.53/SF
EGI
$27.1K $17.83/SF
− OpEx
−$8.1K −$5.35/SF
NOI
$18.9K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,940
Cap Rate 7%
$270,671
Cap Rate 9%
$210,522
Alternative Uses
Best Use
Multifamily LT 5
$270.7K
$236.8K – $315.8K
NOI $18,947 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.5K
NOI $17,487 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Explore this area
Business Placement
Demographics for 93268, CA
18,502
Population
6,289
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
74%
High-School Grad
68.1 sq mi
ZIP Area
272
Density / Sq Mi
$55,473
Median Household Income
$28,563
Median Earnings
$998
Median Rent
$225,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer a varied bedroom mix, including a studio, one-bedroom unit, and three-bedroom unit.
Where is this triplex located?
The property is located at 704 Kern St Taft, CA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three‑unit property totaling 1,518 square feet; Unit A: 3 bedrooms and 1.5 bathrooms; Unit B: 1 bedroom and 1 bathroom
