511 Rose, Taft, CA 93268, Taft, 93268 - 2 bed, 1 bath
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Taft, CA 93268
This property presents a High-Potential Investment Opportunity with a List Price of $195,000—positioned above the $175,022 Fair Market Value. Despite the premium, the home features a Condition Rating of 3, highlighted by a renovated granite kitchen and a new A/C system. The oversized lot offers significant development potential for an ADU, while the proximity to the highly-rated Conley Elementary School adds long-term value. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with expansion upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 511 Rose Subject | $195,000* List Price | 2 | 1 | 720 | $243 | - |
A 312 Philippine Street Sold | $190,000 | 2 | 1 | 756 | $251 | 0.6 mi |
B 100 East Kern Street Pending | $189,000 List Price | 2 | 1 | 918 | $206 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1946, the property features a renovated kitchen with granite countertops and stainless steel appliances, likely updated within the last 5-15 years. The listing notes a new A/C system and the interior appears well-maintained and move-in ready, elevating it above the 'fair' category despite the home's overall age.
The oversized lot with RV access and a large backyard offers significant upside for investors or homeowners looking to add an ADU or expand the existing footprint.
The inclusion of a brand-new A/C system provides immediate value and essential comfort for the Taft climate, saving the buyer from a major near-term capital expense.
Located just 0.1 miles from Conley Elementary School, which boasts a strong rating of 7, this property is exceptionally well-positioned for families with young children.
With nearly 400 days on the market, the property may face challenges with buyer perception regarding its pricing strategy or underlying condition.
At only 720 square feet, the interior living space is quite compact, which may limit appeal for growing families or those requiring more generous indoor proportions.
Affordable home with HUGE yard, and investment potential in Taft! This property offers a bright living space, functional kitchen with plenty of storage, and a flexible layout perfect for everyday living. Stay cool during hot summers with new A/C, and enjoy the comfort of a home you can move into now while adding your own personal touch over time.Step outside to an oversized backyard with endless possibilities perfect for entertaining, adding an ADU, creating your dream outdoor space, or maximizing rental potential. Covered patio makes it ideal for BBQs and relaxing evenings.Long concrete driveway with plenty of parking and possible RV access plus additional storage structures for extra convenience. Perfect for investors looking for an affordable home with space, parking, and future upside.
No exterior & parking available.
Grades K-3 • 0.1 mi
Grades 2-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 720 | 1,344 | 14% |
| Lot Size | 5,663 | 6,969 | 29% |
| Price | $195.0K | $220.0K | 29% |
| Price per sq ft | $271 | $190 | 86% |
| Built year | 1946 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 405 | 192 | 0% |
Apr 27, 2025
$195,000
Initial Listing
Nov 22, 2022
$73,500
Public Record
Aug 17, 2006
$35,000
Public Record
Aug 1, 1995
$10,500
Public Record