Oswell Townhouses presents an exceptional investment opportunity with a newer 2010 built property combining modern living with significant growth potential. This turnkey property comprises 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. It is rare to find a newer construction property with 3 bedroom townhouse style units.
Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers and dryers, and tasteful upgrades throughout.
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 $228,200 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. Offered at a total purchase price of $2,700,000, the asset is comprised of an 11-unit, townhouse-style apartment complex valued at $2,350,000, together with ±0.93 acres of adjacent vacant land valued at $400,000, or approximately $9.87 per square foot.
401 Mcclean: Sold $250,000 · 2 bd · 1 ba · 822 sqft · May 2026 · 0.4 mi Ethos International Real Estate | DRE #02084018 Buyer's agent: Jenny Segovia, Luxury Collective | DRE #01331605
5300 Plute Pass Street: Sold $330,000 · 4 bd · 2 ba · 1,498 sqft · Aug 2026 · 0.4 mi Century 21 Select Real Estate | DRE #02167095 Buyer's agent: George Hernandez, NONMEMBER MRML | DRE #02033538
2801 Citrus Avenue: Sold $165,000 · 2 bd · 1 ba · 740 sqft · Jul 2026 · 0.4 mi Keller Williams Realty Bakersfield | DRE #02060679 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02156893
318 Leeta: Sold $355,000 · 4 bd · 2 ba · 1,391 sqft · May 2026 · 0.5 mi Coldwell Banker Preferred Realtors | DRE #01090506 Buyer's agent: Kristen Gonzalez, NONMEMBER MRML | DRE #02114478
623 Broken Arrow: Sold $327,000 · 4 bd · 2 ba · 1,529 sqft · Oct 2026 · 0.6 mi Open Door Real Estate | DRE #01983424 Buyer's agent: Olivia Chavez, NONMEMBER MRML | DRE #01934999
613 S Sterling Road: Sold $990,000 · Jun 2026 · 1.1 mi eXp Realty of Greater Los Angeles | DRE #02032149 Buyer's agent: Stephanie Carrasco, eXp Realty of Greater Los Angeles | DRE #02032149
5020 Trabuco Canyon: Sold $335,000 · 3 bd · 2 ba · 1,315 sqft · May 2026 · 1.2 mi Open Door Real Estate | DRE #02006265 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02154403
5504 Baja: Sold $350,000 · 4 bd · 2 ba · 1,577 sqft · Oct 2026 · 1.5 mi Posh Properties of California | DRE #01886687 Buyer's agent: General NONMEMBER, NONMEMBER MRML
Based on information from the California Regional Multiple Listing Service, Inc. as of 7/24/2026 2:16 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: THE ASSOCIATES REALTY GROUP
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.