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2501 7th Street Wasco, CA 93280
3,808 SqFt
UPDATED:
11/06/2024 05:43 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,808 sqft
Price per Sqft $787
MLS Listing ID CROC24220838
HOA Y/N No
Year Built 1981
Lot Size 9,500 Sqft
Acres 0.22
Property Sub-Type Comm Ind For Sale
Property Description
Exceptional 20-Unit Investment Portfolio – Prime Rental Opportunity with Growth Potential - Introducing an exceptional 20-unit investment portfolio featuring four well-maintained residential buildings, each with five spacious units. Each unit offers 2 bedrooms, 1.5 bathrooms, and 952 square feet, catering to modern tenant expectations. With two recently renovated units achieving significantly higher rents than non-renovated units, there’s a proven value-add opportunity for increased revenue through selective updates across the portfolio. Each building includes an on-site laundry facility, providing tenants with convenient access to amenities. Parking is ample, with a combination of covered carport spaces and abundant street parking for residents and guests alike. A central green space between buildings enhances community appeal, offering tenants a recreational area for leisure and gatherings. Situated in a highly desirable location, the property is close to schools, community parks, and a variety of shopping and dining options, attracting a diverse tenant base. Additionally, its proximity—just 30 minutes—to Dignity Health Memorial Hospital makes this portfolio especially appealing to medical professionals seeking nearby housing. With its strong rental history, tenant-frie
Location
State CA
County Kern
Area Listing
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Landscaping
Building
New Construction No
Others
Tax ID 48820001007
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Listed by Alex Parker • Douglas Elliman of California