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    2549 7Th St Wasco, CA 93280

    For Sale
    $2,999,000

    20-Unit Investment, High Growth Potential

    Property size:
    3,808 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity comprises four well-maintained buildings in Wasco, CA, totaling 20 units. Each building houses five spacious 2-bedroom, 1.5-bathroom apartments, each spanning 952 square feet. Two recently renovated units demonstrate a clear path to increased revenue through further selective upgrades. Each building offers convenient on-site laundry facilities, enhancing tenant satisfaction. Ample parking is available, including covered carport spaces and street parking. A central green space fosters community among residents. The property's prime location near schools, parks, shopping, dining, and Dignity Health Memorial Hospital (30 minutes away) ensures high occupancy and attracts a diverse tenant base. The portfolio boasts a strong rental history, making it an ideal investment for long-term stability and significant returns. The property consists of four buildings located at 2501, 2517, 2533, and 2549 7th Street, each containing five units, for a total of 20 units on a 0.22-acre lot. The total square footage is 3,808. The asking price is $2,999,000. This is a complete portfolio sale.

    Property Features for 2549 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
    -119.3547
    Latitude
    35.59411

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    FAQs

    What type of property is this?
    Commercial real estate - 20-Unit Investment, High Growth Potential
    Where is this commercial real estate located?
    The property is located at 2549 7Th St Wasco, CA.
    What is the asking price?
    The asking price for this property is $2,999,000.
    (949) 354-0450
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    2549 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
    2549 7Th St Wasco, CA 93280
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