2501 7th Street, Unit A
Description
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...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).
- Listed by Alex Parker • DRE #01928217 • Brokerage DRE #01947727 • Douglas Elliman of California • 917.215.9295
- Listed by Luis Robledo • DRE #01890062 • Brokerage DRE #01947727 • Douglas Elliman of California, Inc.
Property Details for 2501 7th Street, Unit A
Property Details for 2501 7th Street, Unit A
| Status | Active |
|---|---|
| MLS # | OC24220838 |
| Days on Market | 26 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1981 |
| Lot Size | 0.22 AC / 9,500 SF |
| County | Kern County |
Building Information for 2501 7th Street, Unit A
Property Information for 2501 7th Street, Unit A
- Current Financing: None
- Laundry: Yes
- Laundry Features: Community, Individual Room
- Cooling: Central Air
- Heating: Forced Air
- Fence: Yes
- Fencing: Wood
- Additional Parcels Description: 488-200-02-00-0, 488-200-03-00-3, 488-200-04-00-6, 488-200-05-00-9
- Lot Features: Landscaped, Lot 6500-9999
- Land Use: Multi-Family
- Lease Considered: No
- Land Lease: No
- Water Source: Public
- Building Status: Existing
- Asset Class: Multi-Family
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $850
- Unit Type Area: 952
- Unit Type Area Units: Square Feet
- Unit Type Type: 1
- Unit Type Description: Unit A
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $850
- Unit Type Area: 952
- Unit Type Area Units: Square Feet
- Unit Type Type: 2
- Unit Type Description: Unit B
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $800
- Unit Type Area: 952
- Unit Type Area Units: Square Feet
- Unit Type Type: 3
- Unit Type Description: Unit C
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $850
- Unit Type Area: 952
- Unit Type Area Units: Square Feet
- Unit Type Type: 4
- Unit Type Description: Unit D
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $850
- Unit Type Area: 952
- Unit Type Area Units: Square Feet
- Unit Type Type: 5
- Unit Type Description: Unit E
- Number Of Units Leased: 20
- Number Of Buildings: 4
Property History for 2501 7th Street, Unit A
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2501 7th Street, Unit A
Schools near 2501 7th Street, Unit A
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
John L. Prueitt Elementary School PublicK to 5 | ||
Thomas Jefferson Middle School Public6 to 8 | ||
Wasco High School Public9 to 12 | ||
James A. Forrest Elementary PublicK to 5 |
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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Listing Courtesy of Douglas Elliman of California; Douglas Elliman of California, Inc.
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.