21449 Applewood Drive, California City, CA 93505, California City, 93505 - 5 bed, 3 bath
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California City, CA 93505
This Spacious Value-Add Residence represents a High-Potential Investment Opportunity with a List Price of $200,000—positioned well below the $279,362 Fair Market Value by 28%. This significant gap offers $79,362 in Instant Equity. Despite a Condition Rating of 3 due to exterior maintenance needs, the interior boasts a modernized kitchen with quartz countertops and a rare 5-bedroom layout. Featuring a private spa and patio, this property is perfectly suited for Owner-Occupants seeking value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21449 Applewood Drive Subject | $200,000* List Price | 5 | 3 | 1,961 | $142 | - |
A 21462 Randsburg Mojave Road Sold | $235,000 | 4 | 2 | 1,892 | $124 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready following significant interior cosmetic renovations. The kitchen has been modernized with white shaker-style cabinetry, quartz countertops, a subway tile backsplash, and updated recessed lighting. Contemporary laminate flooring has been installed throughout the main living areas, and bathrooms feature updated vanities and tile work. While the 1971 exterior shows some deferred maintenance (cracked driveway and unlandscaped yard) and some bedrooms retain older carpets and popcorn ceilings, the major interior systems and aesthetic features have been updated within the last 5 years to meet current market tastes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1961.
Priced at $200,000 for a 5-bedroom, 3-bathroom home, this property offers an incredibly low price per square foot, providing significant equity potential compared to its 2023 sale price of $319,000.
With nearly 2,000 square feet and five spacious bedrooms, the layout is ideal for large families or multi-generational living, offering rare functionality at this price point.
The drastic price reduction from $299,900 to $200,000 suggests the property may require substantial repairs or is being sold in a condition that necessitates additional capital investment.
Built in 1971, the home likely features original systems and finishes that may not meet modern energy efficiency standards, potentially leading to higher long-term maintenance costs.
Welcome to this charming 5-bedroom, 3-bathroom home offering the perfect blend of space, comfort, and functionality. Each spacious bedroom is thoughtfully designed to provide plenty of room for relaxation, work, or personalization. The heart of the home is the inviting kitchen, featuring ample cabinetry and generous counter space, making it both stylish and practical for everyday cooking and entertaining. The cozy family room creates a warm and welcoming atmosphere--perfect for gathering with loved ones, relaxing after a long day, or hosting guests. With its well-sized bedrooms, functional kitchen, and comfortable living spaces, this home offers the ideal setting for both everyday living and memorable moments. A wonderful opportunity to own a home designed to meet your needs and make you feel right at home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,961 | 1,609 | 89% |
| Lot Size | 8,276.4 | 10,018 | 18% |
| Price | $200.0K | $306.0K | 7% |
| Price per sq ft | $102 | $195 | 2% |
| Built year | 1971 | 2006 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 186 | 1% |
Mar 17, 2026
$200,000
$299,900
-33% Price Drop
Initial Listing
Mar 12, 2026
$299,900
Initial Listing
May 24, 2023
$319,000
Public Record
Feb 8, 2023
$220,000
Public Record