2549 Diamond St, Rosamond, CA 93560

Property Description

HUGE REDUCTION JUST TAKEN! ALL CASH OFFERS ONLY! Fantastic investment opportunity! Close to schools, shopping, & the freeway, this fourplex has undergone extensive exterior renovations in the last few months. See agent remarks for a list of what has been done. All units are 2+1's and each feature a private 1 car garage. These apartments are just a quick 20 min. drive to Edward's Air Force base, and have been rented almost entirely by military tenants over the years. Featuring brand new paint, stairs, balconies, decking, and private upper decks for the top 2 units...this one is fully rented and ready to go! Call agent & see Agent Remarks for rent role details. Rosamond has done extensive improvements to Diamond St. in the last few years. Seller has not raised the rent in 14 years of ownership. The median rent for something comparable in this area is significantly higher so they have HUGE opportunity for upside potential! A very similar fourplex directly across the street from this property just recently sold. That building had a much older roof, and did not have any of the exterior renovations that this one has. At the time of sale, that building's rents were $1000, $950, $879 and $850...just to give an idea of the upward potential here. See Agent Remarks.