13115 Davenport Street, North Edwards, CA 93523, North Edwards, 93523 - 4 bed, 2 bath

13115 Davenport Street, North Edwards, CA 93523 home-pic-0
ACTIVE$185,000$1,981/sqft
13115 Davenport Street, North Edwards, CA 93523
4Beds
2Baths
1,981Sqft
9,583.2Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Income Potential: This two-unit duplex offers versatile income generation, allowing for owner-occupancy with rental income or full investment potential by leasing both units.
Top Cons:
Property Age & Potential for Updates: Built in 1962, the property is over 60 years old, suggesting potential for outdated systems, deferred maintenance, or the need for significant capital improvements.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1962 (64 years old).
Condition: Built in 1962, this property features significantly outdated kitchens with original-style purple cabinets, tiled countertops, and older appliances. Bathrooms have original-style tile, basic vanities, and dated fixtures. The property lacks central heating and cooling, relying on wall heaters and window AC units. While some laminate flooring appears newer, the overall condition, particularly in key areas like kitchens and bathrooms, and major systems, indicates a need for substantial rehabilitation and capital improvements.
Year Built
1962
Close
-
List price
$185K
Original List price
-
Price/Sqft
$93
HOA
$0
Days on market
-
Sold On
-
MLS number
26000254
Home ConditionPoor
Features
Patio
View-

About this home

Whether you're looking to begin your investment portfolio or purchase a property with income potential, this two-unit duplex offers flexible opportunities. Each unit features the same functional layout with two bedrooms and one bathroom, along with a living room and kitchen with eat-in dining space, providing comfortable and efficient living areas. A shared laundry room is conveniently located on the property for tenant or owner use. This duplex offers the option to occupy one unit while leasing the other, or to rent both units for potential income. The property is located a short distance from Edwards Air Force Base and is within approximately 30-45 minutes of nearby city amenities in Lancaster, Tehachapi, and Rosamond, including shopping and dining. A solid opportunity for buyers seeking a multi-unit property with versatility and long-term potential.

A
Andrea Castaneda
Listing Agent

Price History

Date
Event
Price
03/14/97
Sold
$21,000
12/23/22
Sold
$248,000
11/13/20
Sold
$80,000
03/07/05
Sold
$90,000
Condition Rating
Poor

Built in 1962, this property features significantly outdated kitchens with original-style purple cabinets, tiled countertops, and older appliances. Bathrooms have original-style tile, basic vanities, and dated fixtures. The property lacks central heating and cooling, relying on wall heaters and window AC units. While some laminate flooring appears newer, the overall condition, particularly in key areas like kitchens and bathrooms, and major systems, indicates a need for substantial rehabilitation and capital improvements.
Pros & Cons

Pros

Multi-Unit Income Potential: This two-unit duplex offers versatile income generation, allowing for owner-occupancy with rental income or full investment potential by leasing both units.
Strategic Tenant Location: Its short distance from Edwards Air Force Base ensures a strong and consistent tenant pool, enhancing rental stability and demand.
Affordable Investment Entry: Listed at $185,000, it presents an accessible price point for investors seeking a multi-unit property with long-term potential.
No Association Fees: The absence of association fees reduces ongoing operational costs, maximizing potential net income for the owner.
Practical Unit Layouts & Amenities: Each unit features a functional 2-bedroom, 1-bathroom layout, complemented by a convenient shared laundry facility for tenants or owners.

Cons

Property Age & Potential for Updates: Built in 1962, the property is over 60 years old, suggesting potential for outdated systems, deferred maintenance, or the need for significant capital improvements.
Remote Location & Amenity Access: While near Edwards AFB, immediate city amenities (shopping, dining) are 30-45 minutes away, indicating a less convenient location for daily needs.
Significant Price Reduction: The current list price of $185,000 is substantially lower than the last sale price of $248,000 in 2022, which may signal undisclosed issues or a challenging market condition requiring further investigation.
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