8348 Lime Avenue, California City, CA 93505, California City, 93505 - 3 bed, 2 bath
8348 Lime Avenue
California City, CA 93505
Property Price
SUMMARY
Analysis of 8348 Lime Avenue, California City, CA 93505 reveals a Prime Investment Opportunity with a current list price of $269,999—significantly undercutting the $280,280 Fair Market Value by 3%. This valuation gap indicates a +$10,281 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 |
|---|---|---|---|---|---|---|
★ 8348 Lime Avenue Subject | $269,999* List Price | 3 | 2 | 1,537 | $182 | - |
A 8173 Viburnum Avenue Sold | $209,000 | 3 | 2 | 1,482 | $141 | 0.5 mi |
B 8560 Lime Avenue Sold | $290,000 | 3 | 2 | 1,803 | $161 | 0.2 mi |
C 19812 Airway Boulevard Sold | $270,000 | 3 | 2 | 1,685 | $160 | 0.6 mi |
D 9237 Peach Avenue Sold | $250,000 | 3 | 2 | 1,465 | $171 | 0.9 mi |
E 8472 Viburnum Avenue Sold | $279,900 | 3 | 3 | 1,733 | $162 | 0.5 mi |
F 8137 Jacaranda Avenue Sold | $247,000 | 3 | 2 | 1,182 | $209 | 0.3 mi |
G 8570 Oleander Avenue Active | $265,000 List Price | 3 | 2 | 1,455 | $182 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Good. The property is move-in ready with a recently updated kitchen featuring stainless steel appliances and granite countertops, new laminated wood flooring throughout the main living areas, and an updated master bathroom vanity. While built in 1991, these significant interior renovations provide a modern feel, though the age of major systems and carpet in the bathroom are minor considerations.
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 = 1537.
- Natural Gas Connection
The property benefits from natural gas, explicitly noted as 'a rare find in California City,' offering a significant utility advantage over properties relying on alternative fuel sources.
- Modern Interior Upgrades
Features such as granite countertops, stainless steel appliances, and new laminated wood flooring in the master suite provide a contemporary and appealing aesthetic, reducing immediate renovation needs.
CONSRISKS & DEFICIENCIES
- Age of Major Systems
Built in 1991, the property is over 30 years old. While interior aesthetics are updated, the description lacks details on the condition or age of major systems (e.g., HVAC, roof, plumbing, electrical), which may require future investment.
- Absence of Central Air Conditioning Mention
The description highlights natural gas for heating but makes no explicit mention of a central air conditioning system, which could be a significant drawback and comfort concern in California's climate.
- Geographic Market Limitations
California City's specific location, while potentially offering affordability, may present a more niche market compared to properties in larger metropolitan areas, potentially affecting buyer demand and long-term appreciation rates.
About 8348 Lime Avenue
This propety is on natural Gas!!! A raew find in California City!! Well-maintained 3-bedroom, 2-bath home in California City with nearly 1,600 sq. ft. of living space. Built in 1991, this home offers an open floor plan, granite countertops, stainless steel appliances, and spacious living and dining areas. The master suite includes new laminated wood flooring, dual sinks, and a walk-in closet. The property also features a large backyard with a covered patio, ideal for outdoor use. Priced to sell
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- 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 | 1,537 | 1,593.5 | 45% |
| Lot Size | 10,454 | 10,018 | 68% |
| Price | $270.0K | $301.0K | 36% |
| Price per sq ft | $176 | $194 | 36% |
| Built year | 1991 | 2005 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 193 | 2% |
Pricing History
Listed for Sale
Feb 28, 2026
$269,999
$280,000
-4% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$280,000
Initial Listing
Sold
Nov 18, 2021
$275,000
Public Record
Sold
Oct 25, 2019
$185,000
Public Record