Current Use by Public Records
- Industrial properties
Property Details for 2501 7Th St
- Year built
- 1981
- Lot size
- 0.22 lot acres
- Property type
- Industrial properties
Description
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.
Value Estimations
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AI approach
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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
- 35.5939
