305 North Street Street Taft, CA 93268
Listing Courtesy of: CRMLS / Coldwell Banker Hallmark Realty / Anna Knauf - Contact:  (310) 597-9104

  305 North Street Street Taft, CA 93268

Active (3 Days)
$495,000 (USD)

Description

This powerful income asset consists of four units housed in two detached structures, maximizing privacy and income flexibility with convenient rear alley access.The Front Structure is a stable, income-producing 2-Bedroom/2-Bathroom house. The Rear Structure contains a vacant 2-Bedroom/1-Bathroom unit upstairs, offering the new owner immediate control for renovation and leasing. Two occupied Studios are located downstairs.The property is primed for maximum cash flow. The two back units have paid-off solar panels, which significantly reduce long-term utility expenses. The property includes a dedicated laundry room that could be utilized for additional income. The attached garage is vacant and offers prime ADU conversion potential, making this an incredible income-generating property.The local market is stabilized by the nearby oil and energy industries and Taft College, ensuring consistent demand. The location provides easy access to downtown amenities, restaurants, and grocery stores.This property offers immediate cash flow stability and high upside potential with a current CAP rate of 8.02%.

MLS #:
P1-24896
Lot Size
4,791 SQFT
Type
Multifamily
Year Built
1922
County
Kern County
Community
Not Applicable

Listed By

Anna Knauf, Coldwell Banker Hallmark Realty, Contact: (310) 597-9104
Source
CRMLS
Last checked Nov 14 2025 at 5:28 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Subdivision
  • Not Applicable
Heating and Cooling
  • Wall/Window Unit(s)
Stories
  • 2
Additional Information: Hallmark Realty | (310) 597-9104
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.