2533 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 2533 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 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wasco
- County
- Kern
- State
- California
- Longitude
- -119.354
- Latitude
- 35.5941
