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2517 7th Street, Wasco, CA 93280

Commercial property

2517 7th Street, Wasco, CA 93280 Sold August 2025 CRMLS
$530,000Sold August 2025

Listing Agent: Alex Parker (DRE #01928217) · Listing Office: Douglas Elliman of California · Contact: 917.215.9295 · Bought with: Sherri Camargo · Majestic Palm Realty Inc. · MLS #OC24222299 · Source: CRMLS

3,808
Building Sq Ft
5
Units
9,500 sqft
Lot Size
1981
Year Built
Commercial property
Type

About this commercial property

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). **

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$530,000
Sold August 2025 · listed $550,000, orig. $2,999,000, on market October 2024 · MLS #OC24222299 · Source: CRMLS
Listing Agent: Alex Parker · Listing Office: Douglas Elliman of California · Contact: 917.215.9295 · Bought with: Sherri Camargo · Majestic Palm Realty Inc.
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