460 Oswell St
Bakersfield, CA 93307
1.53 acres | #IV24172641
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. What sets Oswell Townhouses apart is its strategic position in a market not subject to rent control in 2024.
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 $226,200 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.
Property Details
- Lot DescriptionItem01UnitAcre
- Stories2
Measurements
- Acres1.53
Construction Details
- Property TypeMulti-Family
Condition
- Year Built2010
Utilities / Energy Details
- Utility FeaturesElectricityConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyKern
Financial Details
- Original List Price$2,700,000
Other
- MLS #IV24172641
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: ANTHONY RODRIGUEZ (#IVRODRANT)
Listing Office: THE ASSOCIATES REALTY GROUP (#IVTARG)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
