
California City, CA 93505
This Single Family Residence presents a Strong Value Opportunity, listed at $275,000—positioned well below the $340,000 Fair Market Value by 19%. This valuation gap offers $65,000 in Instant Equity for the buyer. Featuring a 20,909 sqft lot and a Condition Rating of 4, the property offers functional living space with significant potential for cosmetic upgrades. With No Association Fees, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a practical, value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8100 Hemlock Avenue Subject | $240,000* List Price | 3 | 2 | 1,836 | $131 | - |
A 8825 Xavier Avenue Sold | $270,000 | 4 | 2 | 1,778 | $152 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1987, is 37 years old. While it appears clean and move-in ready with updated stainless steel kitchen appliances, the overall style of the kitchen cabinets and backsplash, along with the bathrooms, is dated. The bathrooms feature older fixtures and a freestanding vanity. The flooring (tile and carpet) is well-maintained but not modern. The exterior and landscaping also require significant attention. Major systems are likely original or older replacements, suggesting functional but outdated components that may require future investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1836.
The property boasts a generous lot size of 20,909 sqft (nearly half an acre), offering ample outdoor space for various activities, potential landscaping, or future expansion.
The home features an open floor plan with a bright living room and a modern kitchen with ample cabinet space, appealing to contemporary living preferences and entertaining.
Built in 1987, the home is 37 years old, suggesting that major systems such as HVAC, roofing, plumbing, and electrical may be original or nearing the end of their lifespan, potentially requiring future investment.
The current list price of $340,000 represents a nearly 10% increase from its sale price of $310,000 in November 2023, which may require strong justification through recent, unmentioned upgrades or market shifts.
While a 'modern kitchen' is highlighted, the description lacks specific details on the condition or age of other critical components like bathrooms, flooring, windows, or the HVAC system, which could be dated for a property of this age.
Subject to short sale approval. WORKING WITH BANK. Nearly half an acre of space, comfort, and opportunity awaits with this spacious three-bedroom, two-bath home situated on an impressive 20,909-square-foot lot. Inside, you'll find generous living areas, including both a large living room and a separate family room featuring an inviting fireplace. The open eat-in kitchen offers plenty of room for everyday dining and entertaining, while the beautiful glossy tile flooring adds a clean, polished look throughout the home. The oversized primary bedroom is truly one of the home's standout features. In addition to the spacious sleeping area, it includes a separate private retreat that feels almost like another room. This special space has its own fireplace and direct access to the backyard through a patio door, making it ideal for a sitting area, home office, reading room, exercise space, or peaceful private getaway. With two fireplaces, expansive rooms, a large open kitchen, and a nearly half-acre lot, this property offers tremendous potential for the buyer who recognizes a great opportunity. The short-sale process may require patience and lender approval, but this home could be well worth the wait. Property is being sold in its present condition and is subject to short-sale approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,836 | 1,690.367 |
| Lot Size | 20,909 | 10,019 |
| Price | $240.0K | $278.6K |
| Price per sq ft | $131 | $179 |
| Built year | 1987 | 1997 |
| HOA | $0 | $0 |
| Days on market | 327 | 84 |
Aug 8, 2026
$240,000
$250,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$250,000
$275,000
-9% Price Drop
Initial Listing
May 30, 2026
$275,000
$340,000
-19% Price Drop
Initial Listing
Oct 17, 2025
$340,000
Initial Listing
Nov 3, 2023
$310,000
Public Record
May 9, 2013
$50,000
Public Record
Jun 7, 2012
$44,500
Public Record
Feb 15, 2005
$215,000
Public Record
May 16, 2003
$133,000
Public Record
May 23, 1994
$7,500
Public Record