8712 Gail Marie Drive, Lamont, CA 93241, Lamont, 93241 - bed, bath
8712 Gail Marie Drive
Lamont, CA 93241
Property Price
SUMMARY
Analysis of 8712 Gail Marie Drive, Lamont, CA 93241 is currently available with a list price of $390,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lamont 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, this duplex is functional and currently income-producing but shows clear signs of age. The kitchens and bathrooms feature outdated cabinetry, older white appliances, and basic tile work. While the property appears maintained through regular upkeep, it lacks modern renovations, and the overall aesthetic and fixtures are consistent with an older, non-renovated rental property.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income Generation
The property is currently occupied with both units generating a combined $1,600 in monthly rent, providing immediate cash flow for an investor or a mortgage-offset for an owner-occupant.
- Separate Utility Metering
Each unit is equipped with its own gas and electric meter, which simplifies property management and significantly reduces the owner's monthly utility expenses.
- Functional Lot Access
The inclusion of a side entrance offers versatile space for work trucks, trailers, or recreational vehicles, adding significant utility and appeal for a variety of tenant types.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6675, other record lot size in square feet = 6534.
- Aging Infrastructure
Built in 1940, the property's age suggests a higher likelihood of ongoing maintenance requirements and potentially outdated plumbing or electrical systems compared to modern builds.
- Low Rental Yield
With a total monthly income of $1,600 against a $390,000 asking price, the current gross yield is relatively low, which may require an investor to implement rent increases to achieve a competitive return.
About 8712 Gail Marie Drive
Great opportunity for home owner or investor to add great producing DUPLEX to your portfolio and start collecting rent immediately. Front unit is a 2 bedroom 1 bath collecting $900. Back unit is 1 bedroom 1 bath studio collection $700. Live in one rent the other or rent both. You decide. Each unit features its own gas and electric meter. Property has side entrance great for work trucks or your weekend toys.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1940
- Lot Size
- 6,675 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,040 | 1,912 | 33% |
| Lot Size | 6,675 | 13,939 | 33% |
| Price | $390.0K | $390.0K | 50% |
| Price per sq ft | $375 | $217 | 67% |
| Built year | 1940 | 1942 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 266 | 33% |
Pricing History
Listed for Sale
Feb 24, 2026
$390,000
Initial Listing
Sold
Jul 13, 2005
$150,000
Public Record