Four-Unit Townhouse
For Sale
$585,000
542 D St, Wasco, CA 93280
Income property with individually configured townhouse residences and covered parking near downtown Wasco.
Property Size3,944 SF
Price / SF$148.33
Days on Market14
Property Features for 542 D St
General Information
Standard status
Active
Size
3,944 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Amenities
private patios
washer & dryer hookups
covered parking
Listing Agency:
Portfolio Properties
(661) 343-2955
Listed By:
Daniel Holt
(661) 343-2955
Source:
Exprealty
Added: Aug 18
Changed: Aug 30
Last Checked: Aug 30 at 12:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portfolio Properties
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains townhouse-style residences totaling 3,944 square feet. Each unit offers two bedrooms, one and one-half bathrooms, a private patio, and washer and dryer hookups. Covered parking serves the property, and professional management is in place.
The property is located near downtown Wasco at 542 D St, providing a central setting for a residential income asset. Its consistent unit layout and shared property features create a straightforward configuration for multifamily ownership.
The property is located near downtown Wasco at 542 D St, providing a central setting for a residential income asset. Its consistent unit layout and shared property features create a straightforward configuration for multifamily ownership.
Key Highlights
- Four‑unit property totaling 3,944 square feet
- Each residence includes 2 bedrooms and 1.5 bathrooms
- Townhouse‑style units with private patios
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,228
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$984,560
$984.6K
Cap Rate 7%
$703,257
$703.3K
Cap Rate 9%
$546,978
$547.0K
Market Conditions
NOI Build-Up for 3,944 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.4K $18.36/SF
− Vacancy
−$2.1K −$0.53/SF
EGI
$70.3K $17.83/SF
− OpEx
−$21.1K −$5.35/SF
NOI
$49.2K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$984,560
Cap Rate 7%
$703,257
Cap Rate 9%
$546,978
Alternative Uses
Best Use
Multifamily LT 5
$703.3K
$615.4K – $820.5K
NOI $49,228 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$649.1K
$567.9K – $757.3K
NOI $45,435 @ 7.0% cap · market cap 7.77%
Theoretical Best
Warehouse
$842.6K
$737.2K – $983.0K
NOI $58,979 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 93280, CA
28,182
Population
6,848
Households
4.1
Avg Household Size
29
Median Age
8%
College-Educated
63%
High-School Grad
316.0 sq mi
ZIP Area
89
Density / Sq Mi
$55,060
Median Household Income
$31,843
Median Earnings
$996
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income property with individually configured townhouse residences and covered parking near downtown Wasco.
Where is this quadplex located?
The property is located at 542 D St Wasco, CA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Four‑unit property totaling 3,944 square feet; Each residence includes 2 bedrooms and 1.5 bathrooms; Townhouse‑style units with private patios
