2517 7Th St Wasco, CA 93280

Property Details for 2517 7Th St

Year built

1980

Construction

WOOD

Lot size

0.22 lot acres

Property size

4,761 SF

Zone code

R-4

Property type

Apartment buildings

APN

488-132-20-00-6

APU

48813220006

Description

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.

Location Insight

City

Wasco

County

Kern

State

California

Longitude

-119.354

Latitude

35.594

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments