460 Oswell Street
460 Oswell Street
$2,900,000
3
2
14,564
14,564
$199
Description
Oswell Townhouses presents an exceptional investment opportunity, combining modern living with significant growth potential. This turnkey property comprises of the first phase of the 30 unit complex completed. This 1st phase consists of 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers...Oswell Townhouses presents an exceptional investment opportunity, combining modern living with significant growth potential. This turnkey property comprises of the first phase of the 30 unit complex completed. This 1st phase consists of 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers and dryers, and tasteful upgrades throughout. What sets Oswell Townhouses apart is its strategic position in a market not subject to rent control in 2024, providing a rare chance for investors to capitalize on this advantage with rent increases due in June. Furthermore, the property includes nearly an acre of land with the potential to develop an additional 19 townhouse units, dramatically increasing rental income possibilities. Currently yielding $191,000 in annual gross income with room for growth, Oswell Townhouses stands out as a prime investment for those looking to expand their portfolio with a property that offers both immediate returns and future expansion potential.
- Listed by ANTHONY RODRIGUEZ • DRE #01878752 • THE ASSOCIATES REALTY GROUP
Property Details for 460 Oswell Street
Zoning
R-3
Living Area14564
AreaBakersfield (BKSF)
Lot Size Area66646
Source Lot Size Area404
Assessor Parcel Number14218009005
DirectionsEast of 99 on 58, exit Oswell North, Near Wal Mart
Location
LISTING UPDATED: 05/09/2024 01:36 PM
Property Details for 460 Oswell Street
Status | Active |
---|---|
MLS # | IV24091777MR |
Days on Market | 12 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2010 |
Lot Size | 1.53 AC / 66,646 SF |
County | Kern County |
Location
Building Information for 460 Oswell Street
Stories2Residences-Year Built2010Building Size-Lot Size1.53 AC / 66,646 SF
Payment Calculator
$18,394 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 460 Oswell Street
Property History for 460 Oswell Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 460 Oswell Street
Taxable ValueLand$315,000Additions$1,485,000Total$1,800,000
Tax Record2023$30,814 ($2,568 / month)
Home Facts
Total Finished SqFt14,564 SqFtAbove Grade Finished SqFt14,564 SqFtStories2Lot Size63,162 SqFtStyleMulti-Family Res (5+ Units)Year Built2010ZoningR-3CountyKERNAPN142-180-09-00-5
Schools near 460 Oswell Street
This home is within Kern Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | K to 6 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Shirley Lane Elementary School PublicK to 6 | ||
Virginia Avenue Elementary School PublicK to 6 | ||
Fairfax Middle School Public5 to 8 | ||
Mira Monte High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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