Three-Unit Residential
704 Kern Street, Taft, CA 93268
For Sale
$279,000
Residential Income, Taft, CA
Property Size1,518 SF
Lot Size0.15 Acres
Price / SF$183.79
Days on Market32
Property Features for 704 Kern Street
General Information
Property type
Property subtype
Parking features
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
Nick E Megazzi · License #1979906
(661) 301-2725
Added: Oct 9
Changed: Nov 5
Last Checked: Nov 9 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This Taft triplex contains 1,518 square feet across three units: a three-bedroom, one-and-a-half-bath residence; a one-bedroom, one-bath unit; and a studio with a bathroom. The property was built in 1930 and occupies a 0.1472-acre parcel. A garage is included.
Key Highlights
- Three rental units with a 3‑bedroom, 1.5‑bath unit, a 1‑bedroom, 1‑bath unit, and a studio with a bath
- 1,518 square feet of building area
- 0.1472‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,947
Cap Rate
6.79%
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 6.79%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.5K
NOI $17,487 @ 7.0% cap · market cap 6.27%
Theoretical Best
Warehouse
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
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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
$225,000
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Kern County, CA
Properties on Market for Triplexes in Kern County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The unit mix comprises a three-bedroom residence, a one-bedroom unit, and a studio with its own bathroom.
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 $279,000.
What are key features of this property?
This property features: Three rental units with a 3‑bedroom, 1.5‑bath unit, a 1‑bedroom, 1‑bath unit, and a studio with a bath; 1,518 square feet of building area; 0.1472‑acre parcel
