305 Warren St, Taft, CA 93268-2515
- Apartment buildings
- 3,258 SF
- 0.29 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 305 Warren St
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Zone code
- R-1
- Property type
- Apartment buildings
- APN
- 031-390-06-00-8
- APU
- 3139006008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 13, 2025 | $305,000 | J&js Divine Dwelling LLC | Juan A Alcala | Grant Deed | — |
| Oct 13, 2022 | $650,000 | Juan A Alcala | Penjoso INC | Grant Deed | $390k · Penjoso INC |
| Oct 13, 2022 | — | Juan A Alcala | Guadalupe Alcala Ademary | Intrafamily Transfer · related | — |
| Dec 1, 2020 | $228,000 | Penjoso INC | Rhe Capital Ventures INC | Grant Deed | $228k · Thomas Bruce |
| Oct 29, 2013 | — | Gene A Reinhardt | Reinhardt,julie A | Quit Claim Deed · related | — |
| Oct 29, 2013 | $180,000 | Rhe Capital Ventures INC | Maynard E E & M L Trust | Grant Deed | $130k · Dakota INC Plan & Trust (ct) |
| Jun 22, 2011 | $232,504 | Dakota INC Trust | Rincon Asset Management | Trustees Deed · related | — |
| Oct 19, 2006 | — | Campos Family Trust | Campos,enrique | Quit Claim Deed · related | — |
| Sep 22, 2005 | — | Enrique Campos | Campos,norma | Quit Claim Deed · related | — |
| Sep 22, 2005 | $325,000 | Enrique Campos | JR Investment Properties | Grant Deed | $212k · Allstar Financial Services INC |
| Dec 3, 2004 | — | Dana S Burtis | Burtis,sandra K | Quit Claim Deed · related | — |
| Dec 3, 2004 | $210,000 | Investment Properties JR | Burtis,dana S | Grant Deed | $100k · Sax Samuel E & Pauline Trust |
| Jun 5, 1996 | — | Burtis Trust | Burtis,dana S | Quit Claim Deed · related | — |
| Jan 30, 1990 | $225,000 | Burtis,dana S & | Mathews,oscar M | Trustees Deed | — |
| — | — | Burtis Dana S | — | Deed Of Trust · related | $130k · Mathews Oscar M |
Description
This exceptional investment opportunity presents a stabilized, six-unit multifamily property located at 305 Warren St, Taft, CA 93268, in Kern County. The property boasts a total of 3,258 square feet situated on a 12,632 square foot lot, zoned R3. Each of the six individual buildings comprises a single-story, two-bedroom, one-bathroom unit, featuring individually fenced yards and its own HVAC system. Currently operating at 100% occupancy (as of August 20, 2024), this portfolio generates a substantial net operating income (NOI) of $53,280, representing a 7.35% cap rate. The asking price is $725,000, translating to $222.53 per square foot and $120,833.33 per unit. Tenants are responsible for their own utilities. The property benefits from professional management and includes some long-term tenants. An attractive feature is the availability of an assumable loan with a 6% interest rate and a monthly payment of $2,338. Offers are subject to interior inspection. This turnkey property is ideal for both seasoned investors and those new to real estate, offering immediate passive income potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $575,000
- ML approach
- $595,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $625,000
- 6.5%
- $575,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $654,000
Market price range: $337k - $654k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $485,000 Current use
- MEDICAL BUILDING
- $685,000 Change: +41% Conversion: Moderate
- OFFICE BUILDING
- $630,000 Change: +30% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $450,000 Change: -7% Conversion: Difficult
- RETAIL STORES
- $410,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Taft
- County
- Kern
- State
- California
- Longitude
- -119.454
- Latitude
- 35.1453
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
