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Property profile & analytics
OFF-MARKET Estimated value $550,000
Apartment buildings

2517 7th St Wasco, CA 93280-1568

4,761 SF 0.22 ac lot Built 1980
Individually Owned Free & Clear
Property ID
US09-0584514
Property summary
AI-generated overview

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 units, each approximately 952 square feet. Two recently renovated units demonstrate significant rental increases, presenting a clear path for value-add improvements and revenue growth through selective upgrades across the portfolio. Each building offers convenient on-site laundry facilities for tenants. Ample parking is available, including covered carport spaces and street parking. A central green space enhances the community feel. The property's desirable location near schools, parks, shopping, dining, and Dignity Health Memorial Hospital (30 minutes away) attracts a diverse and stable tenant base. The strong rental history and tenant-friendly amenities make this a compelling investment for long-term stability and increased returns. This portfolio is being sold as a complete package, encompassing all four buildings (2501, 2517, 2533, and 2549 7th Street), each with five units, for a total of 20 units. The property sits on a 0.22-acre lot and offers a total of 3,808 square feet of building space. This is a prime rental opportunity with significant upside potential in a competitive market. The property is priced at $2,999,000.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction WOOD
Total area 4,761 SF
Lot 0.22 ac (9,583 SF)
Zoning code R-4
APN 488-132-20-00-6
UPID US09-0584514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Kevin And Heather Mcguire Family Tr
Kevin And Heather Mcguire Family Tr
since 2025
Last sale
$530,000
5 recorded transactions
2025
Price N/A
2025
$530,000
2021
Price N/A
2020
Price N/A
2000
$515,000
Zoning & alternative use
R-4 · Wasco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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