United StatesCaliforniaWasco2517 7th Street

2517 7th Street 2517 7th Street Wasco, California 93280 United States

$2,999,000
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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...

Douglas Elliman of California

Listing Courtesy of Douglas Elliman of California, Email/Phone : 917.215.9295
$2,999,000
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890 m²
Exterior
Commercial
Property type
1981
Year Built
OC24222299
Web Id
OC24222299
MLS ID
Wasco Union High
School District
184
days ago

About 2517 7th Street

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, theres 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 proximityjust 30 minutesto 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). **

Listing Courtesy of Douglas Elliman of California, Email/Phone : 917.215.9295

Amenities

  • heating/cooling

features

cooling
Central Heat, Propane Heating, Central Air

PROPERTY INFORMATION

Cooling
CentralAir
Heating
Central
Water
Public

EXTERIOR

Lot Description
Landscaped

ADDITIONAL INFORMATION

Number of Units
5
Listing Courtesy of Douglas Elliman of California, Email/Phone : 917.215.9295

Douglas Elliman of California

Listing Courtesy of Douglas Elliman of California, Email/Phone : 917.215.9295
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