460 Oswell St Bakersfield, CA $ 2,700,000
460 Oswell St
$ 2,700,000
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460 Oswell St

Bakersfield, CA, 93307
$ 2,700,000
Bedrooms363 Baths22.0 Sq 14,564

Monthly Estimate*

$ 16,171

Listed by THE ASSOCIATES REALTY GROUP
460 Oswell St, Bakersfield, CA 93307 - Image 1
460 Oswell St, Bakersfield, CA 93307 - Image 2
460 Oswell St, Bakersfield, CA 93307 - Image 3
460 Oswell St, Bakersfield, CA 93307 - Image 4
460 Oswell St, Bakersfield, CA 93307 - Image 5
460 Oswell St, Bakersfield, CA 93307 - Image 6
460 Oswell St, Bakersfield, CA 93307 - Image 7
460 Oswell St, Bakersfield, CA 93307 - Image 8
460 Oswell St, Bakersfield, CA 93307 - Image 9

Multi-Family Home for sale in Bakersfield, CA

for $2,700,000 with 363 bedrooms and 22 full baths. This 14,564 square foot home was built in 2010 on a lot size of 1.53.

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.

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Multi-Family Active

Price

$ 2,700,000

Bedrooms

363

Full Bath

22

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

1.53

Year Built

2010

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

IV24172641

Days on Market

18

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected WaterConnected
Appliances Dryer Washer
Garage Spaces 0.0
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Year Built 2010
Tenant Pays CableTV Electricity Gas
Stories 2
Levels Two
Property SubType MixedUse
Gross Income 226200.0
Community Features StreetLights
County Kern
Net Operating Income 166612.0
Operating Expense 52802.0
Insurance Expense 6720.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Energy Efficient HVAC Insulation Thermostat
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions North of 58 Hwy near wal mart
City Bakersfield
Entry Location street
View Y/N N
Senior Community Y/N N
Open Parking Spaces 20.0
NumberOfUnitsTotal 11
MLS Area BKSF - Bakersfield
Lot Size Units Acres
Lot Size Square Feet 66646.8
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Terms CashtoNewLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 3611.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Year Built Source Owner
Tax Lot 005
Property Sub Type Additional MixedUse
Taxes 32400.0
Cap Rate 6.17
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Interior
Flooring Carpet Tile
Total Stories 2
Common Walls Item1CommonWall NoOneAbove NoOneBelow
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Assigned Carport
Lot Features Item01UnitAcre
Water Source Public
Total Parking 20.0
Lot Size Area 1.53
Number of Buildings 3
Spa N
Building Area Total 14564.0
Lot Size Acres 1.53
Lot Size Source Owner
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 12
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 460
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* Excluded Features
List By
The Associates Realty Group

Broker

(949) 343-0202

Phone

Affordability Calculator

$16,171
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,171
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2024$2,700,000 Listed Price

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460 Oswell St, Bakersfield, CA, 93307 is a Multi-Family Home for sale at $2,700,000 with 14,564 sqft and a lot size of 1.53. 460 Oswell St has 363 bedrooms, 22.0 baths, and was built in 2010. The property's zip code is 93307 which is in Bakersfield, CA