9509 Rea Avenue, California City, CA 93505, California City, 93505 - 3 bed, 2 bath

9509 Rea Avenue, California City, CA 93505 home-pic-0

9509 Rea Avenue

California City, CA 93505

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,819Sq Ft
10,018Lot Size

Property Price

LIST PRICE$269,900
EST. MARKET VALUE
$292,896
7% BelowMARKET VALUE

SUMMARY

Analysis of 9509 Rea Avenue, California City, CA 93505 reveals a Prime Investment Opportunity with a current list price of $269,900—significantly undercutting the $292,896 Fair Market Value by 7%. This valuation gap indicates a +$22,996 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

$292,896 +$22,996 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in California City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
9509 Rea Avenue
Subject
$269,900*
List Price
321,819$161-
A
9801 Evelyn Avenue
Sold
$325,000421,923$1690.4 mi
B
9431 Irene Avenue
Sold
$295,000321,796$1640.3 mi
C
8801 Lupine Loop Drive
Sold
$234,000321,555$1500.9 mi
D
9824 Evelyn Avenue
Active
$294,900
List Price
321,739$1700.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2006, this property falls within the 10 to 20-year age range for a 'Good' condition rating. The home features a modern 1,819 sqft layout with contemporary elements like a fireplace and an attached 2-car garage. While the short sale status suggests potential for minor deferred maintenance or cosmetic updates, the property appears move-in ready with functional systems and finishes consistent with its mid-2000s construction.

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 = 10018, living area = 1819.

  • Generous Lot Size

    The property sits on a sprawling 10,018 square foot lot, providing ample space for outdoor activities, private events, and significant backyard privacy.

  • Modern Construction

    Built in 2006, this home offers a more contemporary design and structural integrity compared to older area inventory, featuring a functional 1,819 sqft layout.

CONSRISKS & DEFICIENCIES

  • Short Sale Complexity

    As a short sale listing, the transaction may involve extended closing timelines and is subject to third-party lender approval, which can be a hurdle for time-sensitive buyers.

  • Potential for Deferred Maintenance

    Given the distressed nature of a short sale, the property may require additional investment for cosmetic updates or minor repairs to restore it to peak condition.

About 9509 Rea Avenue

This is a short sale listing Welcome to 9509 Rea Avenue in the vibrant community of California City! This remarkable single-family residence presents a harmonious blend of elegance and functionality, featuring 3 bedrooms and 2 bathrooms sprawled across 1819 square feet of meticulously designed living space, all situated on a sprawling 10,018 square foot lot with an attached 2-car garage. The Storage will be staying in the back yard. The living room, has fireplace . Back yard relaxation and entertainment for all your private events.In the back abundant storage. A total of 3generously sized bedrooms and 2tastefully appointed bathrooms ensure utmost comfort and convenience for residents. Step outside to discover a spacious balcony or patio, inviting you to bask in the California sun and relish the refreshing breeze. 9509 Rea Ave California City Ca 93505

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
10,018 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,8191,601.5
80%
Lot Size10,01810,018
50%
Price$269.9K$301.0K
36%
Price per sq ft$148$194
14%
Built year20062005
52%
HOA$0$0
50%
Days on market5193
1%

Pricing History

Listed for Sale

Mar 2, 2026

$269,900

Initial Listing

Sold

Sep 15, 2021

$325,000

Public Record

Sold

Oct 18, 2019

$210,000

Public Record

Sold

Mar 26, 2009

$142,000

Public Record

Sold

Nov 2, 2006

$289,000

Public Record

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