13399 Davenport Street, Edwards, CA 93523, Edwards, 93523 - bed, bath
ACTIVE$299,000$3,252/sqft
13399 Davenport Street, Edwards, CA 93523
0Bed
0Bath
3,252Sqft
10,018Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: As a quadruplex, this property offers diversified rental income streams, providing a more stable investment compared to single-family rentals.
Top Cons:
Property Age & Potential Maintenance: Built in 1964, the property is 60 years old, which may lead to aging systems (plumbing, electrical, HVAC) and potentially higher maintenance or upgrade costs in the future.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1964 (62 years old).
Condition: Built in 1964, this 60-year-old property features extremely dated kitchens and bathrooms with original or very old cabinets, countertops, appliances, and fixtures (e.g., fluorescent lighting, basic tiled showers). The flooring (old carpet, linoleum/vinyl) is also outdated. While the property appears clean, the significant age of these critical components, coupled with visible exterior deferred maintenance (peeling paint on eaves), indicates a need for substantial rehabilitation and modernization. Major systems are likely aging and will require significant updates.
Year Built
1964
Close
-
List price
$299K
Original List price
-
Price/Sqft
$92
HOA
$0
Days on market
-
Sold On
-
MLS number
RS25087484
Home ConditionPoor
Features
Patio
View-
About this home
Charming Four-Unit Property with Curb Appeal. This beautifully maintained four-unit building features a stunning mature tree in the front yard, offering both shade and character. Each unit is thoughtfully laid out to serve the needs of comfortable, long-term living. According to the owner, the units have consistently attracted respectful tenants and have been easy to manage. Whether you’re an investor or an owner-occupier, this is a turnkey opportunity with great potential
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Listing Agent
Price History
Date
Event
Price
01/04/95
Sold
$81,000
07/12/12
Sold
$29,000
12/20/05
Sold
$191,000
Condition Rating
Poor
Built in 1964, this 60-year-old property features extremely dated kitchens and bathrooms with original or very old cabinets, countertops, appliances, and fixtures (e.g., fluorescent lighting, basic tiled showers). The flooring (old carpet, linoleum/vinyl) is also outdated. While the property appears clean, the significant age of these critical components, coupled with visible exterior deferred maintenance (peeling paint on eaves), indicates a need for substantial rehabilitation and modernization. Major systems are likely aging and will require significant updates.
Pros & Cons
Pros
Multi-Unit Income Potential: As a quadruplex, this property offers diversified rental income streams, providing a more stable investment compared to single-family rentals.
Turnkey Investment Opportunity: Described as a 'turnkey opportunity' and 'easy to manage,' suggesting the property is ready for immediate operation with minimal initial effort for a new owner.
Established Tenant History: The owner reports consistently attracting 'respectful tenants,' indicating a potentially stable and positive rental history with lower vacancy risks.
Strong Curb Appeal: The property boasts a 'beautifully maintained' exterior with a 'stunning mature tree,' enhancing its attractiveness to prospective tenants and contributing to overall property value.
Favorable Price Point: With a list price of $299,000 for a four-unit property totaling 3252 sqft, it presents a potentially attractive entry point into multi-family real estate investment.
Cons
Property Age & Potential Maintenance: Built in 1964, the property is 60 years old, which may lead to aging systems (plumbing, electrical, HVAC) and potentially higher maintenance or upgrade costs in the future.
Lack of Detailed Financials/Unit Information: The description is general, lacking specific details on current rental income, individual unit conditions, or recent upgrades, which are crucial for comprehensive investor due diligence.
Geographic Market Concentration: Located in Edwards, CA, the property's market value and tenant demand may be heavily influenced by the local military base, potentially limiting broader market appeal and diversification.