2501 7Th St Wasco, CA 93280
This exceptional investment opportunity presents a portfolio of four well-maintained residential buildings in Wasco, CA, totaling 20 units. Each building houses five spacious 2-bedroom, 1.5-bathroom units, each approximately 952 square feet. Two recently renovated units demonstrate a clear path to increased revenue through further selective upgrades. On-site laundry facilities in each building add convenience for tenants. Ample parking is available, including covered carport spaces and street parking. A central green space fosters community among residents. The property enjoys a desirable location near schools, parks, shopping, and dining, attracting a diverse tenant base. Its proximity to Dignity Health Memorial Hospital (approximately 30 minutes away) is an added advantage, making it attractive to medical professionals. This portfolio offers a strong rental history and significant potential for future growth, making it an ideal investment for discerning buyers. The property sits on a 0.22-acre lot and encompasses a total of 3,808 square feet of building space. The asking price is $2,999,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.