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

Features
: Other
: Central Air
Address Map
CA
Kern
Wasco
93280
2517 7th Street
0
W120° 38' 44.7''
N35° 35' 38.5''
Head West On Highway 46, Left O
MLS Addon
Douglas Elliman of California
Alex Parker
Alex.Parker@Elliman.com
CR546281
CR11013408
: Public

Commercial Sale For Sale

2517 7th Street, Wasco, California 93280

3,808 Sqft
$2,999,000
Listing ID #CROC24222299
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CROC24222299
Price : $2,999,000
Square Footage : 3,808 Sqft
Year Built : 1981
Lot Area : 9,500 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent