Listed by 917.215.9295 - Alex Parker - DRE #01928217 - Douglas Elliman of California 949-354-0450 Listing Courtesy of: DRE #01890062
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2549 7th Street Wasco, CA 93280

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

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Last updated on 11/15/2024 7:31 AM
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, ca...tering 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-friendly amenities, and clear potential for revenue growth, this portfolio presents an ideal opportunity for investors seeking long-term stability and increased returns in a competitive market. - ** This Listing is for the 4 Building, 20-Unit Property Portfolio located at 2501 (5 Rental Units), 2517 (5 Rental Units), 2533 (5 Rental Units), and 2549 (5 Rental Units) 7th Street. This portfolio is being sold as a full package (total of 4 buildings, 5 units each, for a total of 20 units). ** Continue reading
MLS#
OC24222324
Property Type
Other
Status
Year Built
1981
Square Feet
3,808 sq. ft
Lot Size
0.22

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Listed by 917.215.9295 - Alex Parker - DRE #01928217 - Douglas Elliman of California 949-354-0450 Listing Courtesy of: DRE #01890062
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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This content last refreshed on 11/15/2024 7:31 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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