313 General Petroleum Avenue, Taft, CA 93268, Taft, 93268 - 2 bed, 1 bath
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Taft, CA 93268
This Value-Add Residential Property is listed at $149,000, positioned near its $138,941 Fair Market Value. While the Condition Rating of 4 reflects its 1923 origins and outdated interior, the asset features high-value modern upgrades including Solar Panels and Central A/C. The compact 756 sqft footprint is offset by a generous 5,227 sqft lot and a private Patio, offering significant expansion potential. Located near Conley Elementary, Lincoln Junior High, and Taft Union High, this home balances immediate utility with long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 313 General Petroleum Avenue Subject | $139,000* List Price | 2 | 1 | 756 | $165 | - |
A 126 Maricopa Active | $99,990 List Price | 2 | 1 | 536 | $187 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is well-maintained for its age but remains largely outdated. While it features significant modern upgrades like solar panels and central A/C, the kitchen and bathroom utilize older cabinetry and basic fixtures. The interior has newer laminate flooring, but the overall aesthetic and the condition of the exterior outbuildings indicate a need for cosmetic and minor functional updates.
The inclusion of solar panels and central A/C provides significant value and immediate utility savings, which is rare for a property at this price point.
The generous 5,227 sqft lot offers ample space for outdoor living, gardening, or potential structural expansions to complement the existing home.
Located just 0.4 miles from Conley Elementary School, which holds a high rating of 7, this property is well-positioned for families with young children.
At only 756 square feet, the interior footprint is quite compact, which may be a constraint for buyers needing more room or storage.
Built in 1923 and requiring cosmetic or structural updates, the home will likely need additional capital investment to modernize and reach its full potential.
This home offers a wonderful chance to settle in and make updates at your own pace. With a comfortable layout, you can move right in while bringing your vision to life over time.Set on a spacious lot, there's plenty of room to enjoy the outdoors, expand, or create the space you've always wanted.The home already includes valuable features like solar panels for energy savings, central A/C for added comfort, a dedicated laundry room, and a gas stove for everyday cooking.With a little care and creativity, this property can truly shine.
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades 2-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 756 | 1,172 | 25% |
| Lot Size | 5,227 | 6,969 | 25% |
| Price | $139.0K | $215.0K | 25% |
| Price per sq ft | $184 | $184 | 50% |
| Built year | 1923 | 1941 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 144 | 13% |
Apr 16, 2026
$139,000
$144,900
-4% Price Drop
Initial Listing
Apr 3, 2026
$144,900
$149,000
-3% Price Drop
Initial Listing
Mar 12, 2026
$149,000
Initial Listing
Jan 14, 1999
$10,000
Public Record