
California City, CA 93505
This Modern Multi-Family Asset is a Strong Value Opportunity, listed at $400,000—positioned well below the $403,713 Fair Market Value by 1%. This valuation gap offers $3,713 in Instant Equity. Built in 2008, the property maintains a Good Condition Rating and features a versatile 2-bed/2-bath and 3-bed/2-bath configuration. With no HOA fees and modern construction standards, it provides a low-maintenance "house hack" or rental strategy in a stable market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8130 Heather Avenue Subject | $400,000* List Price | 0 | 0 | 2,100 | $192 | - |
A 8448 California City Boulevard Active | $329,900 List Price | 4 | 2 | 1,680 | $196 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property falls within the 10-20 year age bracket defined for a 'good' condition score. While the exterior stucco shows some minor staining and the lot lacks landscaping, the structure is relatively modern. As a residential income property with an active tenant, it appears functional and move-in ready without evidence of major structural defects.
Built in 2008, this property is relatively new for the California City market, likely offering more modern building standards and lower immediate maintenance requirements compared to older multi-family assets.
The dual-unit configuration featuring a 2-bed/2-bath and a 3-bed/2-bath unit provides excellent flexibility for rental strategies or a house-hacking opportunity for an owner-occupant.
The absence of HOA fees reduces monthly overhead costs, allowing for higher net operating income and improved cash flow for the investor.
With the 3-bedroom unit currently vacant, the buyer faces immediate pressure to market and lease the space to achieve the property's full income potential.
The significant $100,000 price reduction and frequent sales history since 2022 suggest a fluctuating market value that may present challenges for future appraisal or appreciation.
Great income property! 1 duplex is a 2 bed 2 bath and the second duplex is a 3 bed 2 bath. Huge potential for steady income. 2 bedroom has a tenant and the 3 bedroom is vacant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,100 | 1,952 | 50% |
| Lot Size | 8,712 | 9,594.5 | 50% |
| Price | $400.0K | $385.0K | 50% |
| Price per sq ft | $190 | $198 | 50% |
| Built year | 2008 | 2007 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 66 | 0% |
Mar 23, 2026
$400,000
$500,000
-20% Price Drop
Initial Listing
Feb 14, 2026
$500,000
Initial Listing
Apr 11, 2023
$375,000
Public Record
Jul 25, 2022
$270,000
Public Record
May 27, 2005
$7,500
Public Record