Triplex with
New
For Sale
$295,000
704 Kern Street, Taft, CA 93268
Residential Income, Taft, CA
Property Size1,518 SF
Lot Size0.15 Acres
Price / SF$194.33
Days on Market5
Property Features for 704 Kern Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage
Elementary school
Roosevelt_Taft
Middle school
Lincoln
High school
Taft
Subdivision
96
Standard status
Active
APN
03124014
Size
1,518 SF
Lot size
0.15 Acres
Building Details
Year built
1930
Floors in Building
1
Number of units
3
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
Nick E Megazzi
(661) 301-2725
Added: Oct 9
Last Checked: Oct 13 at 5:06AM
MLS# 202610733
Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Taft triplex contains 1,518 square feet across three residences. The unit mix includes a three-bedroom, 1.5-bathroom home, a one-bedroom, one-bathroom unit, and a studio with a bathroom. A garage is also included.
The property is located at 704 Kern Street on a 0.1472-acre lot. Built in 1930, it provides a three-unit residential configuration in Kern County.
The property is located at 704 Kern Street on a 0.1472-acre lot. Built in 1930, it provides a three-unit residential configuration in Kern County.
Key Highlights
- Three residential units with a mix of layouts: 3 bedrooms and 1.5 bathrooms, 1 bedroom and 1 bathroom, and a studio with a bath
- 1,518 square feet of building area
- 0.1472‑acre lot
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 mix of bedroom and bathroom configurations within one multifamily property.
Where is this triplex located?
The property is located at 704 Kern Street 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 residential units with a mix of layouts: 3 bedrooms and 1.5 bathrooms, 1 bedroom and 1 bathroom, and a studio with a bath; 1,518 square feet of building area; 0.1472‑acre lot
