2517 7th St Wasco, CA 93280-1568
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
R-4 · Wasco, CAWasco. Always verify with local authorities before improvements.
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.