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$2,999,000
32 Days On Site

2549 7th Street
Wasco, CA 93280

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
3,808
SqFt
$788
/SqFt
1981
Built
County:
Kern
Listed by Alex Parker of Douglas Elliman of California Alex.Parker@Elliman.com

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2549 7th Street2549 7th Street2549 7th Street2549 7th Street
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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-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). **

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Listing Snapshot
Price 
$2,999,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,808 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2181 Acres
Year Built 
1981
MLS® Number 
OC24222324
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoPrice changed to $2,999,000
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.2181
Number Of Stories 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
3808
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Forced Air
Laundry Features 
Common AreaLaundry Room
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Exterior Features
Fencing 
Wood
Lot Features 
Landscaped
Community Features
Financing Terms Available 
1031 Exchange
MLS Area 
WSCO - Wasco


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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