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 $2,700,000, the asset is comprised of an 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.
Property Details
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air
- Lot Features
- Zero To One Unit Acre
- Stories
- 2
- Lot Description
- Zero To One Unit Acre
- Acres
- 0.0
- Lot Size (sqft)
- 1.53
- Parking Features
- Assigned, Carport
- Parking Spaces
- 20.0
- Parking Type
- Carport
- Parking Garage Spaces
- 0.0
- Property Type
- Multi-Family
- Property Subtype Additional
- Mixed Use
- Year Built
- 2010
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Water Connected
- Community Features
- Street Lights
- County
- Kern
- Region
- Bakersfield
- Original List Price
- $2,700,000
- Days on Market (Cumulative)
- 53
- MLS #
- IV26162066
- Property Subtype
- MixedUse
- Parcel Number
- 14218009005
- MLS #
- IV26162066
- Date Listed
- July 23, 2026
- Address
- 460 Oswell St
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
Provided By
Listed by ANTHONY RODRIGUEZ (#IVRODRANT)
Listing Office: THE ASSOCIATES REALTY GROUP (#IVTARG)
