460 Oswell Street, Bakersfield (93307)
$2,900,000
0 
0
14,564
PROPERTY DETAILS
| Address: |
view address Bakersfield, CA 93307 Map Location |
Features: | Air Conditioning, Multi-level |
|---|---|---|---|
| Square Feet: | 14,564 sq.ft. | Lot Size: | 66646.8 |
| Year Built: | 2010 | Styles: | Custom |
| Property Type: | Mixed Use | County: | Kern |
| List Date: | 2024-05-08 | Listing Number: | IV24091777 |
PROPERTY DESCRIPTION
Oswell Townhouses presents an exceptional investment opportunity, combining modern living with significant growth potential. This turnkey property comprises of the first phase of the 30 unit complex completed. This 1st phase consists of 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. 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, providing a rare chance for investors to capitalize on this advantage with rent increases due in June. 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 $191,000 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.
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Interior
Features
| Flooring: | Tile | Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Laundry: | Yes |
Cooling & Heating
| Cooling features: | Central Air | Heating features: | Central |
| Heating: | Yes |
Exterior
Exterior and Lot
| Roof: | Tile | Style: | Custom |
Pool and Spa
| Pool Features: | None | Spa Features: | None |
| Spa: | Yes |
Parking
| Parking features: | Assigned |
Property and Lot Details
Features
| Community Features: | Suburban |
Other
| Sewer: | Public Sewer |
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 2010 | Levels: | Two |
| Stories: | 2 |
Lot
| Lot Dimensions: | 66646.8 |
Construction
| Building Area total: | 14564.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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