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21041 Vivian Court, California City, CA 93505, California City, 93505 - bed, bath

21041 Vivian Court, California City, CA 93505 home-pic-0
ACTIVE$399,999$2,078/sqft
21041 Vivian Court, California City, CA 93505
0Bed
0Bath
2,078Sqft
10,454Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment Opportunity: Positioned as an 'exceptional investment opportunity' in an 'up-and-coming' California City with 'low vacancy rates & cash flow,' offering steady rental income and long-term potential.
Top Cons:
Unit Size Limitation: All units are 1 bed/1 bath, which caters to a specific demographic (singles, couples) and may limit the broader tenant market compared to properties offering larger unit configurations.

Compared to the nearby listings

Price:$400.0K vs avg $537.5K ($-137,500.5)50%
Size:2,078 sqft vs avg 4,083.5 sqft50%
Price/sqft:$192 vs avg $15250%

More Insights

Built in 2008 (18 years old).
Condition: The property was built in 2008, making it 16 years old, which falls within the 'Good' category's age range. The listing describes it as 'well-maintained' with 'Central AC & Heat' and a recent water heater upgrade for one unit. The kitchens are equipped with functional white appliances (stove, dishwasher, microwave) and feature oak cabinets and laminate-style countertops, which, while dated in style, appear to be in good, clean condition. Bathrooms also feature similar oak vanities and clean fixtures. The flooring is a mix of carpet and tile, generally well-kept, though some carpet areas show minor wear. Overall, the property is move-in ready with all major systems functional and well-maintained, requiring no immediate renovations, though aesthetic updates to kitchens and bathrooms would enhance its appeal.
Year Built
2008
Close
-
List price
$400K
Original List price
-
Price/Sqft
$192
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25126666
Home ConditionGood
Features
Good View:
View-

About this home

Discover an exceptional investment opportunity with this well-maintained triplex located in the growing community of California City. Each unit offers comfortable living spaces with 1 bed/1 bath each unit, large living area, large kitchen area and informal dining. Each unit kitchen has stove, dishwasher & microwave. Building has a laundry room and three storage closets for the tenants. Central AC & Heat. Whether you're an experienced investor or just starting your portfolio, this property offers steady rental income and long-term potential for expansion. Close to schools, dining, and major employers like Edwards Air Force Base. Recent upgrades include brand new water heater for unit #3. Ample covered parking for tenants & plenty of parking spots for guests. Close to solar farms in the area. Low-Maintenance Yard and separate metering for each unit keep expenses low. Separate gas & electricity. Don't miss this chance to own a rare multi - unit property in one of California's most affordable and up - and coming cities with low vacancy rates & cash flow. Schedule your private showing today! Desert charm with maintenance!

V
Vahe Patatanyan
Listing Agent

Price History

Date
Event
Price
11/15/21
Sold
$295,000
04/10/15
Sold
$149,000
05/24/07
Sold
$25,000
04/13/06
Sold
$25,000
Condition Rating
Good
The property was built in 2008, making it 16 years old, which falls within the 'Good' category's age range. The listing describes it as 'well-maintained' with 'Central AC & Heat' and a recent water heater upgrade for one unit. The kitchens are equipped with functional white appliances (stove, dishwasher, microwave) and feature oak cabinets and laminate-style countertops, which, while dated in style, appear to be in good, clean condition. Bathrooms also feature similar oak vanities and clean fixtures. The flooring is a mix of carpet and tile, generally well-kept, though some carpet areas show minor wear. Overall, the property is move-in ready with all major systems functional and well-maintained, requiring no immediate renovations, though aesthetic updates to kitchens and bathrooms would enhance its appeal.
Pros & Cons

Pros

Strong Investment Opportunity: Positioned as an 'exceptional investment opportunity' in an 'up-and-coming' California City with 'low vacancy rates & cash flow,' offering steady rental income and long-term potential.
Multi-Unit with Cost Efficiency: A rare triplex property with separate metering for gas and electricity for each unit, significantly reducing owner utility expenses and simplifying tenant billing.
Modern & Well-Maintained: Built in 2008, the property is well-maintained, featuring central AC & heat, equipped kitchens (stove, dishwasher, microwave), and a recent water heater upgrade for one unit.
Tenant-Friendly Amenities: Includes a shared laundry room, individual tenant storage closets, ample covered parking for tenants, and additional guest parking, enhancing tenant appeal and retention.
Strategic Location for Employment: Proximity to major employers like Edwards Air Force Base and local solar farms, along with schools and dining, ensures a stable and consistent tenant pool.

Cons

Unit Size Limitation: All units are 1 bed/1 bath, which caters to a specific demographic (singles, couples) and may limit the broader tenant market compared to properties offering larger unit configurations.
Niche Geographic Market: While 'up-and-coming,' California City is a smaller, desert community, meaning its growth and desirability might be more susceptible to regional economic fluctuations than more established metropolitan areas.
Limited Outdoor Appeal: The 'low-maintenance yard' suggests minimal landscaping or green space, which might be less attractive to tenants seeking robust outdoor living areas or family-friendly environments.
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