
California City, CA 93505
This four-unit property presents a High-Potential Investment Opportunity with a List Price of $829,000—positioned above the $765,973 Fair Market Value. While the property requires capital for an aging roof and interior modernization, its Fair Condition Rating is offset by the ability to generate multiple rental income streams. Featuring four 2-bedroom, 1-bath units with on-site laundry and parking, this asset is well-positioned for long-term yield. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to stabilize and reposition a multi-family asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21107 Nemophilia Street 1-4 Subject 8 bd · 4 ba · 3,130 sqft · $245 | $829,000* List Price | 8 | 4 | 3,130 | $245 | - |
A 8616 N Loop Boulevard Active 0 bd · 0 ba · 2,958 sqft · $198 · 0.4 mi | $584,900 List Price | 0 | 0 | 2,958 | $198 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1985 (over 40 years old) and features an aging roof from 2004 that is nearing the end of its lifespan. While the exterior appears functional and maintained, the building relies on older wall AC units and lacks recent major renovations, indicating it is dated and will likely require minor repairs and system updates.
The property features four separate 2-bedroom, 1-bath units, providing investors with the opportunity to generate multiple rental income streams from a single acquisition.
Equipped with on-site laundry facilities and ample open parking behind the building, the property offers essential conveniences that help attract and retain long-term tenants.
Conveniently located near local shopping, essential services, and major roadways, this property ensures high accessibility for residents within California City.
With the roof installed in 2004, it is nearing the end of its typical functional lifespan and may necessitate significant capital expenditure for repair or replacement soon.
Built in 1985 and lacking mention of recent interior renovations, the units may require cosmetic or functional upgrades to remain competitive and command premium rents.
Excellent investment opportunity in California City! Located at 21113 Nemophilia St, this four-unit property offers four separate 2-bedroom, 1-bath units and approximately 3,130 sq. ft. of total living space. Each unit features a kitchen and living area. The roof was installed in 2004, and the property offers plenty of open parking behind the building and laundry on the premises. With four separate units, investors have the opportunity to generate multiple rental income streams from one property. Conveniently located near local shopping, services, and major roadways, this is an opportunity worth considering!
No exterior & parking available.
No sensitive facilities data found.
Sep 15, 2026
$829,000
Initial Listing