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325-365 Jefferson St
Taft, CA 93268

MONTEREY GARDENS-41 Units · Multifamily Property For Sale · 41 Units

Investment Highlights

  • • Fully Occupied with Rental Upside, approximately 10% based on current rents
  • • Located in the Central Valley, one of the hottest rental market in the U. S.
  • • Desirable Unit Mix 83% – 2-Bed, 12% 3-Bed, and 5% 4-Bed Units
  • • Over 10-Year Hold – Long Term Ownership
  • • Excess Land Available for Development, approximately 0.54 acre lot
  • • Easy Access to Highway 119

PROPERTY FACTS

No. Units 41
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 3.40 AC
Building Size 4,252 SF
Average Occupancy 100%
No. Stories 2
Year Built 1941
Parking Ratio 3.82/1,000 SF

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Kitchen
  • Oven
  • Range
  • Carpet
  • Grill

Site Amenities

  • Fitness Center
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 34 $750.00 -
3+1 5 $925.00 -
4+2 2 $1,150 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 199-260-12-00-0
  • 199-260-14-00-6
  • 199-260-15-00-9
  • 199-260-13-00-3
Land Assessment
$355,408
Improvements Assessment
$1,567,000
Total Assessment
$1,922,408

zoning

Zoning Code R-3
R-3
  • Listing ID: 23554187

  • Date on Market: 6/30/2021

  • Last Updated:

  • Address: 325-365 Jefferson St, Taft, CA 93268

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