
North Edwards, CA 93523
This quadraplex presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $334,004 Fair Market Value by 4%. This valuation gap offers $14,004 in Instant Equity. Featuring a Condition Rating of 5, the property requires capital improvements to modernize its aging infrastructure. Its strategic proximity to Edwards Air Force Base ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a stable, cash-flowing multi-family project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13399 Davenport Street Subject | $320,000* List Price | 6 | 4 | 3,252 | $103 | - |
A 13361 Davenport Street Active | $320,000 List Price | 6 | 4 | 2,838 | $113 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is 60 years old (built 1964) with no mentioned renovations. The 'value-add' description and exterior appearance suggest original or aged systems, kitchens, and baths that require significant rehab to meet modern standards.
The property's proximity to Edwards Air Force Base provides a consistent and reliable tenant base of military and defense personnel, ensuring high demand and low vacancy rates.
As a quadraplex priced at $320,000, the property offers an exceptionally low cost-per-unit of $80,000, presenting a high-yield opportunity for residential income investors.
With over 3,200 square feet of living space on a 10,000+ square foot lot, the property provides tenants with the rare combination of multi-family living and suburban-rural privacy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
Built in 1964, the property may require significant capital improvements or ongoing maintenance for older systems such as plumbing, electrical, and roofing.
The investment's performance is heavily reliant on Edwards Air Force Base, making the property's value and occupancy vulnerable to shifts in military staffing or defense budgets.
Discover this rare cash-flowing quadraplex perfectly positioned in a high-demand rental market. Nestled in a low-density, suburban-rural mix neighborhood, this unique property offers tenants the peaceful, small-town vibe they crave, complete with plenty of open space and room to roam.The property serves as a highly desirable housing hub for personnel working at nearby Edwards Air Force Base, ensuring a steady stream of qualified, reliable tenants. Investors will love the low-vacancy risk and excellent rental history. Tenants will love the quiet community atmosphere, easy commutes, and wide-open skies. Whether you want to add a stable performer to your portfolio or execute a value-add strategy, this quadraplex delivers the perfect blend of rural charm and defense-industry rental demand. Schedule
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 5.0 | 50% |
| Baths | 4.0 | 3.0 | 50% |
| Square foot | 3,252 | 2,616.5 | 50% |
| Lot Size | 10,019 | 9,801.1 | 50% |
| Price | $320.0K | $252.5K | 50% |
| Price per sq ft | $98 | $96 | 50% |
| Built year | 1964 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 83 | 50% |
May 19, 2026
$320,000
Initial Listing
Jul 12, 2012
$29,000
Public Record
Dec 20, 2005
$191,000
Public Record
Jan 4, 1995
$81,000
Public Record