Listing Courtesy of: Alex Parker - Douglas Elliman of California
$2,999,000 affordable loan icon Calculate Payment

2501 7th Street Wasco, CA 93280

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Industrial Residence
Beds
Baths
3,808 Sq. Ft.
0.22 Acre Lot

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Last updated on 12/24/2024 10:31 PM
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 Continue reading
MLS#
CROC24220838
Property Type
Industrial
Year Built
1981
Square Feet
3,808 sq. ft
Lot Size
0.22

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Listing Courtesy of: Alex Parker - Douglas Elliman of California

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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