2549 7Th St Wasco, CA 93280
- Commercial real estate
- 3,808 SF
- 0.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2549 7Th St
- Year built
- 1981
- Lot size
- 0.22 lot acres
- Property size
- 3,808 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wasco
- County
- Kern
- State
- California
- Longitude
- -119.355
- Latitude
- 35.5941
