7742 Walpole Avenue, California City, CA 93505, California City, 93505 - 4 bed, 0 bath
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California City, CA 93505
This duplex presents a Prime Investment Opportunity with a List Price of $310,000—positioned well below the $319,373 Fair Market Value by 2%. This valuation gap offers $9,373 in Instant Equity for the savvy buyer. Featuring a Fair Condition Rating, the property offers a stable, dual-income layout with dedicated laundry and parking. This asset is ideal for Buy-and-Hold Investors seeking rental demand or Owner-Occupants looking to house-hack and build long-term equity in a growing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7742 Walpole Avenue Subject | $310,000* List Price | 4 | 0 | 1,520 | $210 | - |
A 7741 California City Boulevard Active | $350,000 List Price | 0 | 0 | 1,559 | $225 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969 (55 years old), the property is described as 'well-maintained' and 'functional' rather than renovated. Given the age and lack of specific mentions regarding updated HVAC, electrical, or modern kitchen/bath finishes, it is classified as dated and likely requires minor repairs or cosmetic updates.
As a well-maintained duplex, this property offers excellent flexibility for investors seeking rental income or homeowners looking to 'house-hack' by living in one unit while renting the other.
Each unit features a practical two-bedroom layout with dedicated laundry areas and ample parking, which are highly desirable features that enhance rental appeal and tenant retention.
With a list price of $310,000 for two units, this property provides a relatively low-cost entry point into the multi-family market within the growing California City community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7339, other record lot size in square feet = 7405.
Built in 1969, the property may require near-term capital expenditures for aging systems such as roofing, plumbing, or electrical if they have not been recently modernized.
The property's asking price has doubled since its 2022 sale, which may present appraisal challenges or result in a tighter capitalization rate for seasoned investors.
Welcome to 7742 Walpole Ave, a well-maintained duplex offering excellent income potential and flexibility for homeowners and investors alike. Each unit features 2 bedrooms, 1 bathroom, a comfortable living room, a functional kitchen, and dedicated laundry area, providing a practical and inviting living space for tenants or owner-occupants. The property also offers ample parking, adding convenience and value. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting out the other, this property offers endless possibilities. With its versatile layout and strong rental appeal, this duplex is an excellent opportunity to build equity and create long-term financial benefits. Don't miss your chance to own a multi-unit property with tremendous potential in the growing community of California City. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
Jun 10, 2026
$310,000
Initial Listing
Aug 21, 2023
$310,000
Public Record
Feb 4, 2022
$155,000
Public Record
Jun 6, 2014
$51,000
Public Record
Dec 29, 2010
$22,500
Public Record
Oct 21, 2010
$15,914
Public Record
Nov 3, 2006
$147,000
Public Record