Skip To Content
    Return to Previous Page

    8700 California City Blvd

    California City, CA 93505
    • $1,575,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 20-624074
    UPDATED: 78 min ago
    $1,575,000
    • 2
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,290
      SQFT
    • $367
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    18 units being sold together as a package deal. This property sits within driving proximity of the Edwards Air Force Base, many of the existing tenants work at the base. The current owner has been very selective in choosing tenants. All 3 buildings sit side by side with the following addresses included in the sale 8700-8712-8724 California City Blvd, All units are 2 Bed 1.5 bath units currently renting for $750 per door, with a 1 car garage included. Possible upside potential in rents, similar units in the area without a garage are renting for $850 per door. Please do not disturb the tenants.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T12:42:27.17. 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.
    www.lydiagable.com/homes/109407122
    Print Image

    8700 California City Blvd California City, CA 93505

    • Price: $1,575,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: 20-624074
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    4,290
    SQFT
    $367
    $/SQFT
    1989
    Built
    Neighborhood:
    California City
    County:
    Kern
    Area:
    California City
    Property Description
    18 units being sold together as a package deal. This property sits within driving proximity of the Edwards Air Force Base, many of the existing tenants work at the base. The current owner has been very selective in choosing tenants. All 3 buildings sit side by side with the following addresses included in the sale 8700-8712-8724 California City Blvd, All units are 2 Bed 1.5 bath units currently renting for $750 per door, with a 1 car garage included. Possible upside potential in rents, similar units in the area without a garage are renting for $850 per door. Please do not disturb the tenants.
    Exterior Features

    Direction Faces North Exterior Construction Stucco Levels Two Lot Location None Lot Size Area 9583 Other Structures None Parking Garage Garage Is Attached Paved YN Yes Roof Composition Total Parking 0 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 1.50 Cooling Central Equipment Range/Oven Flooring Tile Foundation Details Slab Heating Central

    Property Features

    Alley YN Yes Assessed Total Value 241913 Gross Income 178200 Gross Operating Income 178200 Like Units1 18 Net Operating Income 120204.00 Number Of Buildings 3 Number Of Units 18 Rent Control YN Yes Sale Type Standard Security Features Smoke Detector Sewer Septic Tank Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 51516 Type Of Units 18 Water District Year Built Source Vendor Enhanced Zoning M2

    Listing provided courtesy of Peter Peralta DRE# of Watson Realty Services Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T12:42:27.17. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-624074-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-624074-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-624074-2.jpg
    Logo
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377