8580 Jacaranda Avenue, California City, CA 93505, California City, 93505 - 5 bed, 3 bath

8580 Jacaranda Avenue, California City, CA 93505 home-pic-0
ACTIVE$379,000$2,350/sqft
Est. Value: $281,822
-25%
AboveEstimate
8580 Jacaranda Avenue, California City, CA 93505
5Beds
3Baths
2,350Sqft
10,018.8Lot

Price Vs. Estimate

The estimated value ($281,822.425) is $97,177.575 (25%) lower than the list price ($379,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 10018, living area = 2350.
Top Cons:
Property Age & Potential Updates: Built in 1959, the property may require significant updates to systems (plumbing, electrical) or cosmetic renovations to meet modern buyer expectations and avoid future maintenance issues.

Compared to the nearby listings

Price:$379.0K vs avg $271.0K (+$108,000)89%
Size:2,350 sqft vs avg 1,578 sqft95%
Price/sqft:$161 vs avg $17736%

More Insights

Built in 1959 (67 years old).
Condition: Built in 1959, this property has received some updates such as newer windows, fresh paint, and consistent tile flooring throughout. However, the kitchens and bathrooms are significantly outdated, featuring older wood cabinets, laminate countertops, basic white appliances, and 4x4 tiled shower/tub surrounds, suggesting their last major renovation was likely 20-30+ years ago. While the home is clean and functional, it requires minor updates to modernize the key areas and meet current aesthetic standards.
Year Built
1959
Close
-
List price
$379K
Original List price
-
Price/Sqft
$161
HOA
$0
Days on market
-
Sold On
-
MLS number
25008606
Home ConditionFair
Features
Patio
View-

About this home

Main house is a 3 BR, 2 full bathroom with covered patio and huge backyard. Attached ADU is a 2 BR, 1 full bathroom with separate entrance, divided backyard. Long term tenants. Both units offer indoor laundry room, front parking spaces and sound-proof wall. The main house has a central AC unit. All rooms have ceiling fans. A unique opportunity for anyone in this quiet and beautiful suburban neighborhood with easy access to the valley and the stupefying Red Rock Canyon Park, just a short drive away. This 10,036 square feet property is close to the town center, shopping, schools, the City Hall and a golf course. The house will be delivered vacant before closing.

A
Ali Farassati
Listing Agent

Price History

Date
Event
Price
03/30/17
Sold
$46,000
Condition Rating
Fair

Built in 1959, this property has received some updates such as newer windows, fresh paint, and consistent tile flooring throughout. However, the kitchens and bathrooms are significantly outdated, featuring older wood cabinets, laminate countertops, basic white appliances, and 4x4 tiled shower/tub surrounds, suggesting their last major renovation was likely 20-30+ years ago. While the home is clean and functional, it requires minor updates to modernize the key areas and meet current aesthetic standards.
Pros & Cons

Pros

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 = 10018, living area = 2350.
Dual Income Potential: Features an attached ADU with a separate entrance and divided backyard, currently tenant-occupied, offering immediate rental income or multi-generational living.
Expansive Lot Size: Sits on a generous 10,036 sq ft lot, providing ample outdoor space, a covered patio, and a large backyard for various uses.
Strategic Local Access: Conveniently located near the town center, shopping, schools, City Hall, and a golf course, enhancing daily convenience and lifestyle.
Comfort & Privacy Amenities: The main house includes central AC and ceiling fans, while a sound-proof wall between units ensures enhanced privacy and comfort for both residences.
Recreational Proximity: Offers easy access to the scenic Red Rock Canyon Park and 'the valley,' appealing to outdoor enthusiasts and providing recreational opportunities.

Cons

Property Age & Potential Updates: Built in 1959, the property may require significant updates to systems (plumbing, electrical) or cosmetic renovations to meet modern buyer expectations and avoid future maintenance issues.
ADU Tenant Occupancy: The attached ADU is currently occupied by long-term tenants, which, while providing income, limits immediate owner flexibility for personal use or renegotiating rental terms.
Market Liquidity/Appreciation: California City's market characteristics, being a smaller suburban area, might present different liquidity and appreciation trends compared to more densely populated or high-demand regions.
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