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Listed by ANTHONY RODRIGUEZ • THE ASSOCIATES REALTY GROUP

$2,750,000

Est. payment - /mo

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1 Sqft Lot

Active

460 Oswell St Bakersfield, CA 93307

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

UPDATED:

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

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

6

Harding Elementary School

Public | KG - 6
6

Henry Eissler Elementary School

Public | KG - 6
5

Colonel Howard Nichols Elementary School

Public | KG - 6
4

Bessie E. Owens Primary School

Public | KG - 3
4

Bessie E. Owens Intermediate School

Public | 4 - 6
4

Jefferson Elementary School

Public | KG - 5
4

Mt. Vernon Elementary School

Public | KG - 6
4

Pioneer Drive Elementary School

Public | KG - 6
4

Shirley Lane Elementary School

Public | 3 - 5
4

Voorhies Elementary School

Public | KG - 6
4

Dr. Juliet Thorner Elementary School

Public | KG - 6
3

Horace Mann Elementary School

Public | KG - 5
2

Virginia Avenue Elementary School

Public | KG - 2
2

Hort Elementary School

Public | KG - 5
1

Myra A. Noble Elementary School

Public | KG - 5
1

Williams Elementary School

Public | KG - 5
1

College Heights Elementary School

Public | KG - 6
1

Ramon Garza Elementary School

Public | KG - 5
0

Heritage Christian Schools

Private | KG - 8
0

Valley Schools

Private | PK - 8

Middle Schools 6

4

Chipman Junior High School

Public | 7 - 8
3

Walter Stiern Middle School

Public | 6 - 8
2

Sierra Middle School

Public | 6 - 8
2

Fairfax Middle School

Public | 6 - 8
1

Washington Middle School

Public | 6 - 8
1

Compton Junior High School

Public | 7 - 8

High Schools 6

5

Highland High School

Public | 9 - 12
4

Foothill High School

Public | 9 - 12
2

Mira Monte High School

Public | 9 - 12
1

East Bakersfield High School

Public | 9 - 12
1

Tierra del Sol Continuation High School

Public | 9 - 12
0

Kern High Roc

Public | 9 - 12

School and business data provided by Attom Data.

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321