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    2533 7Th St Wasco, CA 93280

    Sponsored
    For Sale
    $2,999,000

    Prime rental income, strong growth potential.

    Property size:
    3,808 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity comprises four buildings totaling 20 units in Wasco, CA, located at 2501, 2517, 2533, and 2549 7th Street. Each building houses five spacious 2-bedroom, 1.5-bathroom units, each approximately 952 square feet. Two recently renovated units demonstrate significant rental increases, highlighting the potential for further value-add improvements across the portfolio. On-site laundry facilities in each building enhance tenant convenience. Ample parking is available, including covered carport spaces and street parking. A central green space fosters community among residents. The property's desirable location near schools, parks, shopping, dining, and approximately 30 minutes from Dignity Health Memorial Hospital, attracts a diverse and stable tenant base. This portfolio offers a compelling combination of strong rental history, desirable amenities, and clear potential for increased revenue, making it an ideal investment for long-term growth and stability in a competitive market. The total land area is 0.22 acres, and the total building square footage is 3,808 square feet. The asking price is $2,999,000.

    Property Features for 2533 7Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,808 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wasco
    County
    Kern
    State
    California
    Longitude
    -119.3544
    Latitude
    35.59411

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    FAQs

    What type of property is this?
    Commercial real estate - Prime rental income, strong growth potential.
    Where is this commercial real estate located?
    The property is located at 2533 7Th St Wasco, CA.
    What is the asking price?
    The asking price for this property is $2,999,000.
    (949) 354-0450
    Request Owner's contact information
    2533 7Th St Wasco, CA 93280
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    Wasco, CA 93280
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2533 7Th St Wasco, CA 93280
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