460 Oswell St

Bakersfield, CA 93307

$2,700,000

List Price

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bed Beds

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shower Baths

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2010

calendar_month Built

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. 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.

Listing Information

List Price $2,700,000
Status Active
MLS IV24172641
Type Residential Income
Subtype Mixed Use
Year Built 2010
Lot Size 66,647
Structure Size N/A
Courtesy Of THE ASSOCIATES REALTY GROUP
Listing Agent ANTHONY RODRIGUEZ DRE#01878752

Interior Features

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Bedrooms N/A
Total Bathroom
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Flooring Information
Material Carpet, Tile
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: ANTHONY RODRIGUEZ, THE ASSOCIATES REALTY GROUP . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 5th, 2024 at 8:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.