20961 83rd Street, California City, CA 93505, California City, 93505 - 0 bed, 0 bath
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California City, CA 93505
Analysis of 20961 83rd Street, California City, CA 93505 is currently available with a list price of $885,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the California City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1986, the property is 38 years old. While appearing clean and maintained, the interior features, particularly the kitchen, show significant signs of being outdated. The kitchen includes dated electric coil range, older white cabinets, laminate countertops, and linoleum/vinyl tile flooring. Other interior areas feature dated laminate wood and ceramic tile flooring, and basic light fixtures. The presence of window AC units suggests a lack of central cooling/heating. The property is functional but requires minor updates to meet current aesthetic and comfort standards, aligning with a 'Fair' condition.
The property is explicitly marketed as an 'exceptional investment opportunity' for both seasoned and new investors, offering a lucrative prospect in the multi-family market.
Comprising eight units (four 2BD/2BA and four 1BD/1BA), the property offers diversified income streams and caters to a broad range of tenant preferences, enhancing rental potential.
The exterior is designed for efficiency, minimizing upkeep requirements and allowing for seamless property management, which contributes to optimized investment returns.
Constructed in 1986, the property is nearly four decades old, which may necessitate future capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) or general modernization to maintain competitiveness.
The 'Not Applicable' subdivision name and the general location within California City might imply a lack of immediate, established local amenities or a strong community feel, potentially impacting tenant retention or rental rates compared to properties in more developed areas.
The property description does not detail specific on-site amenities such as laundry facilities, dedicated parking, or common areas, which could be a competitive disadvantage in attracting and retaining tenants.
Introducing an exceptional investment opportunity at 20961 83rd Street, California City, California! This two-story multi-family apartment building comprises eight units, offering a lucrative investment prospect for discerning buyers. The property features a well-designed layout, with four units consisting of 2 bedrooms and 2 bathrooms, and the remaining four units featuring 1 bedroom and 1 bathroom each. This diverse configuration caters to various tenant preferences, enhancing the property's rental potential. With a focus on easy maintenance, the exterior of the property is designed for efficiency, minimizing upkeep requirements and allowing for seamless property management. This ensures that property owners can enjoy hassle-free ownership and optimize their investment returns. Additionally, the property offers an easy commute to Lancaster, with a range of amenities and employment opportunities - Edwards Air Force Base is located nearby as well. This convenient access enhances the property's appeal to potential tenants and contributes to its long-term viability as an investment. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking to enter the real estate market, the property presents an enticing opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | - | 902 | 50% |
| Lot Size | 12,632 | 11,554.5 | 50% |
| Price | $885.0K | $627.5K | 50% |
| Price per sq ft | $0 | $103 | 50% |
| Built year | 1986 | 1996 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 238 | 151 | 0% |
Aug 28, 2025
$885,000
Initial Listing
Aug 7, 2023
$830,000
Public Record
Sep 9, 2020
$440,000
Public Record
Nov 28, 2018
$295,000
Public Record
Jul 15, 2016
$295,000
Public Record
Feb 20, 2015
$200,000
Public Record