2533 7th Street

Wasco, CA 93280

$2,999,000
Price
—
Beds
3,808 Sq. Ft.
$788 / Sq. Ft.
3,808
Sq. Ft.
$788
per Sq. Ft.
a view of a house with a yard
a front view of a house with garden
a view of a house with a yard
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a view of an empty room with wooden floor and stairs
a view of kitchen with wooden floor electronic appliances and stairs
a kitchen with stainless steel appliances granite countertop a sink and a stove
a kitchen with a stove and a microwave
a kitchen that has a sink and a stove in it
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a bathroom with a sink a toilet and shower
an empty room with wooden floor and windows
an empty room with windows and closet
a view of a porch and garden
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a bathroom with a sink and a mirror
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Description

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...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).
  1. Listed by Alex Parker • DRE #01928217 • Brokerage DRE #01947727 • Douglas Elliman of California • 917.215.9295
  2. Listed by Luis Robledo • DRE #01890062 • Brokerage DRE #01947727 • Douglas Elliman of California, Inc.

Property Details for 2533 7th Street

Total Units
5.0
Lot Size Source
Assessor
Building Area Total
3808
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
48819001005
Area
Wasco (WSCO)
LISTING UPDATED: 10/28/2024 11:17 AM

Property Details for 2533 7th Street

StatusActive
MLS #OC24222319
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1981
Lot Size0.22 AC / 9,500 SF
CountyKern County

Building Information for 2533 7th Street

Stories2Residences-Year Built1981Building Size-Lot Size0.22 AC / 9,500 SF

Property Information for 2533 7th Street

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Cooling: Central Air
  • Heating: Forced Air
Land/Lot Info
  • Additional Parcels Description: 48819002008, 48819003001, 48819004004, 48819005007
  • Lot Features: Landscaped, Lot 6500-9999
  • Land Use: Multi-Family
  • Land Lease: No
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,100
  • Unit Type Area: 952
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Unit A
Unit 2
  • 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: 2
  • Unit Type Description: Unit B
Unit 3
  • 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 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $825
  • Unit Type Area: 952
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: Unit D
Unit 5
  • 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: 5
  • Unit Type Description: Unit E
Unit Information
  • Number Of Units Leased: 5
  • Number Of Buildings: 1

Property History for 2533 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2533 7th Street

This home is within Wasco Union Elementary School District.
Rating
School
Type
Grades
Distance
John L. Prueitt Elementary School
Public - K to 5
Thomas Jefferson Middle School
Public - 6 to 8
Wasco High School
Public - 9 to 12
James A. Forrest Elementary
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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More information about 2533 7th Street, Wasco, CA 93280

2533 7th Street is a multi-family home for sale in Wasco, CA 93280. This property was listed for sale on October 28, 2024 by Douglas Elliman of California, it's currently listed at $2,999,000. This listing's school districts are Wasco Union Elementary School District, Wasco Union High School District. Nearby schools include John L. Prueitt Elementary School, Thomas Jefferson Middle School and Wasco High School. 2533 7th Street is a 0-bed, 0-bath, 3,808 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.