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Property profile & analytics
OFF-MARKET Estimated value $405,000
Apartment buildings

615 Kern St Shafter, CA 93263-2192

17,570 SF 1.1 ac lot Built 1973
Entity Owned 9-yr Hold Free & Clear
Property ID
US09-0589943
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1973
Construction WOOD
Total area 17,570 SF
Lot 1.1 ac (47,916 SF)
Zoning code R-3
APN 027-290-06-00-8
UPID US09-0589943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$405k
Owner & transaction history
Shafter & Sanger LLC · 9 yrs held
Shafter & Sanger LLC
since 2017
3 recorded transactions
2017
Price N/A
2008
Price N/A
2000
$450,000
Zoning & alternative use
R-3 · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Medium High Residential (R-3) District General Commercial (GC) District Neighborhood Commercial (NC) District Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulatio…

Zone name Medium High Density Residential
General category RESIDENTIAL
Zone area 41.91 ac
Source Zoning Ordinance
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