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$ 400,000
Est. payment | /mo
1,536 SqFt
$ 400,000
Est. payment | /mo
1,536 SqFt
Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $260
MLS Listing ID 202607009
Year Built 1948
Property Sub-Type 5 - 10 Units
Property Description
A rare opportunity to acquire a stabilized, cash-flowing 7-unit portfolio on San Emidio St. in Taft, CA, offered at $400,000 with immediate income and a diversified unit mix. The offering totals approximately 3,800 sqft of living space across a main house, duplex, three bungalows, and a studio, plus 10 single-car garages for added income or storage flexibility. The main house spans roughly 1,100 sqft with 2 beds, 1 bath, central air, and a roof replaced around 2005. All tenants are currently on month-to-month leases. Current monthly collections total approximately $4,050 across all residential units, with garage income representing further upside. This turnkey portfolio is ideal for investors seeking immediate cash flow, strong cap rate, and value-add potential through garage optimization and rent adjustments to market.
Location
State CA
County Kern
Area 96
Exterior
Parking Features Garage, Uncovered
Garage Spaces 10.0
Building
Story 1
Schools
Elementary Schools Roosevelt_Taft
Middle Schools Lincoln
High Schools Taft
Listed by Alex Daredia • Watson Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "