2533 7th Street,Wasco, CA 93280
Wasco, CA 93280
Description
Exceptional 20-Unit Investment Portfolio - Prime Rental Opportunity with Growth Potential - Introducing an exceptional 20-unit investment portfolio featuring four well-maintained residential buildings, each with five spacious units. Each unit offers 2 bedrooms, 1.5 bathrooms, and 952 square feet, catering to modern tenant expectations. With two recently renovated units achieving significantly higher rents than non-renovated units, there’s a proven value-add opportunity for increased revenue through selective updates across the portfolio. Each building includes an on-site laundry facility, providing tenants with convenient access to amenities. Parking is ample, with a combination of covered carport spaces and abundant street parking for residents and guests alike. A central green space between buildings enhances community appeal, offering tenants a recreational area for leisure and gatherings. Situated in a highly desirable location, the property is close to schools, community parks, and a variety of shopping and dining options, attracting a diverse tenant base. Additionally, its proximityjust 30 minutesto Dignity Health Memorial Hospital makes this portfolio especially appealing to medical professionals seeking nearby housing. With its strong rental history, tenant-friendly amenities, and clear potential for revenue growth, this portfolio presents an ideal opportunity for investors seeking long-term stability and increased returns in a competitive market. - ** This Listing is for the 4 Building, 20-Unit Property Portfolio located at 2501 (5 Rental Units), 2517 (5 Rental Units), 2533 (5 Rental Units), and 2549 (5 Rental Units) 7th Street. This portfolio is being sold as a full package (total of 4 buildings, 5 units each, for a total of 20 units). **
Details
| MLS# | OC24222319 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 182 |
| Listing Provided By | Douglas Elliman of California 949-354-0450 | Alex Parker |
Features
| SQ Feet | 3,808 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Acreage | 0.22 |
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Learn More About This Property
| State | CA |
|---|---|
| County | Kern |
| City | Wasco |
| Zip Code | 93280 |
| Area | WSCO Wasco |
| Listing VS Median (in 93280) | |
Price: $2,999,000 low | high Med: $2,999,000 SqFt: 3,808 low | high Med: 3,808 $ / SqFt: $788 low | high Med: $788 On site: 182 low | high Med: 182.000000 | |