6611 California City BLVD Active Save Request In-Person Tour Request Virtual Tour
California City,CA 93505
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,284 sqft
Price per Sqft $128
MLS Listing ID 24408375
HOA Y/N No
Year Built 1991
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Reduced Price! Motivated Seller! Welcome to 6611 California City Blvd., a prime investment opportunity in California City close to the highway. This expansive property boasts six 2-bedroom, 2-bathroom apartment units spanning approximately 5,200 sq. feet. There are currently four vacant units, two of which are remodeled/ move-in ready, and two that the buyer can upgrade to their liking. Great value-add opportunity! At approximately a quarter acre, the lot has the possibility to expand with additional units. Situated approximately 20 miles from Edwards Air Force Base, 35 miles from the city of Lancaster, 65 miles from Bakersfield and 125 miles to Los Angeles. The property not only offers convenience but also promises great rental income potential making it an ideal choice for savvy investors seeking long-term returns. Fully rented at market, the property has a pro forma income of $87,540, giving it an incredible 7.76 GRM and 9.1% cap rate. Can be purchased together with another six unit property at 8318 Dogbane Ave, California City.
Location
State CA
County Kern
Area Cac - California City
Zoning RM1/RM2
Rooms
Ensuite Laundry Stacked
Interior
Laundry Location Stacked
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher
Laundry Stacked
Exterior
Garage Door-Single,Garage
Pool None
View Y/N Yes
View Desert
Roof Type Tile
Parking Type Door-Single,Garage
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Sewer Septic Type Unknown
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 21811418000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard