21401 Reed Place, California City, CA 93505, California City, 93505 - 3 bed, 2 bath
21401 Reed Place
California City, CA 93505
Property Price
SUMMARY
Analysis of 21401 Reed Place, California City, CA 93505 reveals a Prime Investment Opportunity with a current list price of $259,990—significantly undercutting the $280,967 Fair Market Value by 7%. This valuation gap indicates a +$20,977 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21401 Reed Place Subject | $259,990* List Price | 3 | 2 | 1,545 | $182 | - |
A 21932 99th Street Sold | $324,000 | 3 | 2 | 1,559 | $208 | 0.9 mi |
B 21932 99th Sold | $315,000 | 3 | 2 | 1,559 | $202 | 0.9 mi |
C 10701 Bay Avenue Sold | $335,000 | 3 | 2 | 1,629 | $206 | 0.5 mi |
D 10701 Bay Avenue Sold | $335,000 | 3 | 2 | 1,629 | $206 | 0.5 mi |
E 10632 Aspen Avenue Sold | $304,000 | 4 | 2 | 1,618 | $188 | 0.4 mi |
F 10341 N Loop Boulevard Active | $284,900 List Price | 3 | 2 | 1,344 | $212 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1989, this property has undergone significant updates, making it move-in ready. The interior features new LVP/laminate flooring throughout, fresh paint, and an updated kitchen with white shaker cabinets, modern black hardware, stainless steel appliances, and a contemporary black faucet. Bathrooms also show updated vanities and hardware. While some elements like laminate countertops and basic light fixtures are not high-end, the overall condition is clean, functional, and aesthetically pleasing. The presence of solar panels is also a notable upgrade to the property's systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1545.
- Investment & Customization Potential
The property is explicitly marketed as having 'endless potential for customization or investment' and is suitable for 'investors looking to add value,' indicating a strong opportunity for capital appreciation through renovation or strategic holding.
- Spacious Lot & Scenic Views
Situated on a generous 10,454 sqft lot, the property offers ample outdoor space, complemented by 'wide open desert views' and a 'quiet neighborhood,' providing a serene living environment.
CONSRISKS & DEFICIENCIES
- Age of Property & Implied Updates
Built in 1989, the property is 35 years old. While offering customization potential, this age suggests that significant updates to systems, finishes, and overall modernization may be required, incurring additional costs for the buyer.
- Lack of Detailed Condition Information
The description is general and lacks specific details regarding the condition of major components (e.g., roof, HVAC, plumbing, electrical) or recent upgrades, which could imply deferred maintenance or necessitate thorough inspections and potential repairs.
- Specific Desert Environment Appeal
While 'wide open desert views' are a feature, the specific desert environment of California City may not appeal to all potential buyers, potentially narrowing the market pool compared to properties in more diverse or temperate landscapes.
About 21401 Reed Place
Welcome to this great opportunity in California City! Situated on a spacious lot, this property offers endless potential for customization or investment. Enjoy wide open desert views, a quiet neighborhood, and convenient access to major roads, shopping, and local amenities. Perfect for owner-occupants or investors looking to add value. Don't miss the chance to make this property your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,545 | 1,593.5 | 45% |
| Lot Size | 10,454 | 10,018 | 68% |
| Price | $260.0K | $301.0K | 32% |
| Price per sq ft | $168 | $194 | 30% |
| Built year | 1989 | 2005 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 193 | 2% |
Pricing History
Listed for Sale
Jan 29, 2026
$259,990
Initial Listing
Sold
May 21, 2020
$178,000
Public Record
Sold
May 17, 2016
$102,000
Public Record
Sold
Feb 28, 2013
$50,000
Public Record
Sold
Dec 23, 2010
$48,715
Public Record