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Wasco, CA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wasco, California Market population: 26K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Wasco CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Wasco CA

Common questions from investors exploring commercial real estate in Wasco CA.

What is the overall investment potential of Wasco, CA, considering its demographic and economic factors? +
The combination of a relatively high poverty rate of 24.4% and a strong health insurance coverage rate of 86.0% suggests a working-class market with employment stability, which is further supported by the top industries in Public Administration, Wholesale Trade, and Transportation & Warehousing, & Utilities, indicating a diverse economic base. The median household income of $39,061 and a median property value of $127,600 also point to a potentially stable market. Additionally, the city's ethnic diversity, with 45.6% Hispanic, 32.5% White, and 8.6% Two Or More, contributes to a vibrant community.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Wasco, CA? +
The average commute time of 25.1 minutes in Wasco, CA, which is relatively low, combined with the top commute methods of Drove Alone, Carpooled, and Other, indicates a solid infrastructure for residents and potential renters, making it an attractive option for those who value convenience and accessibility. Furthermore, the health insurance coverage rate of 86.0% and the median household income of $39,061 suggest a level of employment stability that can support a reliable renter base.
What role does the foreign-born population play in shaping the local economy and housing market in Wasco, CA? +
The foreign-born rate of 25.1% in Wasco, CA, contributes to the city's cultural diversity and can impact the local economy through the introduction of new skills, businesses, and consumer demands. This diversity, coupled with the top industries in Public Administration, Wholesale Trade, and Transportation & Warehousing, & Utilities, can lead to a more resilient economy. The median property value of $127,600 and the homeownership rate of 56.2% also suggest a housing market that is influenced by a mix of native and foreign-born residents.
How do the poverty rate and income inequality affect the potential for real estate investment in Wasco, CA? +
The poverty rate of 24.4% and the GINI coefficient of 0.403 in Wasco, CA, indicate a level of income inequality that investors should consider when evaluating the local real estate market. However, the median household income of $39,061 and the employed population of 6,682 suggest that there is a working-class demographic that could support rental properties. The health insurance coverage rate of 86.0% further implies a level of employment stability that could underpin a reliable renter base.
What are the implications of the top industries and ethnic diversity for market demand and stability in Wasco, CA? +
The top industries in Public Administration, Wholesale Trade, and Transportation & Warehousing, & Utilities in Wasco, CA, contribute to a diverse economic base that can support a stable housing market. The ethnic diversity, with 45.6% Hispanic, 32.5% White, and 8.6% Two Or More, adds to the vibrancy of the community and can influence market demand through varied consumer preferences and needs. The median property value of $127,600 and the median property taxes of $2,553 also suggest a housing market with potential for appreciation and rental yield, supported by a diverse and stable economic foundation.

Wasco CA Real Estate & City Facts

Key facts and real estate information about Wasco CA.

What are some of the best neighborhoods to live in Wasco? +
Some of the best neighborhoods to live in Wasco include Wasco Southwest and Poso Ave, which are known for their affordability and relatively low crime rates. However, it's worth noting that the city has a higher crime rate compared to other areas in California, so it's essential to research and visit each neighborhood before making a decision.
What are some fun things to do in Wasco? +
There are several fun things to do in Wasco, including visiting the Wasco Community Rose Garden, exploring the Vetsch Farms, and checking out the Delirium Haunted House. The city also has four parks that offer organized baseball, youth football, and Little League programs. Additionally, you can visit the Wasco Historical Society Museum to learn more about the city's history.
What is the food scene like in Wasco? +
The food scene in Wasco is diverse, with a range of restaurants serving Mexican, American, and Asian cuisine. Some popular restaurants include Blue Sushi, The Meltdown, and Catrina's, which serves Mexican food. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Wasco? +
The pros of living in Wasco include its affordable housing, relatively low cost of living, and small-town charm. However, the city also has a higher crime rate and limited job opportunities compared to other areas in California. Additionally, the city's poverty rate is higher than the national average, which can be a challenge for some residents.
Is Wasco a good place to live? +
Whether or not Wasco is a good place to live depends on your individual priorities and preferences. If you're looking for an affordable place to live with a small-town feel, Wasco might be a good fit. However, if you're concerned about crime rates or job opportunities, you might want to consider other options. It's essential to weigh the pros and cons and visit the city before making a decision.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Wasco CA Properties: 1.3100%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Wasco CA Commercial Property: $39,061

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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