Homes for sale - 460 Oswell St, Bakersfield, CA 93307

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JLee Broker

[email protected] +1(650) 857-1000

Listed by ANTHONY RODRIGUEZ • THE ASSOCIATES REALTY GROUP

$2,750,000

Est. payment - /mo

1 Sqft Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV26008410

Year Built 2010

Lot Size 1 Sqft

Source California Regional MLS

Property Description

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 $2,750,000, the asset is comprised ofan 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.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Heating Central Forced Air

Cooling Central AC

Laundry 38

Exterior

Parking Features Assigned Spaces, Carport

Garage Spaces 20.0

Pool None

Building

Water District - Public

Others

Tax ID 14218009005

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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460 Oswell St Bakersfield, CA 93307

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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