9641 Rea Avenue, California City, CA 93505, California City, 93505 - 3 bed, 2 bath
9641 Rea Avenue
California City, CA 93505
Property Price
SUMMARY
Analysis of 9641 Rea Avenue, California City, CA 93505 reveals a property with a current list price of $274,900, which is 11% above the estimated $243,522 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 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 |
|---|---|---|---|---|---|---|
★ 9641 Rea Avenue Subject | $274,900* List Price | 3 | 2 | 1,220 | $200 | - |
A 21717 96th Street Sold | $240,000 | 3 | 2 | 1,306 | $184 | 0.3 mi |
B 9801 Margery Avenue Sold | $307,000 | 3 | 2 | 1,666 | $184 | 0.3 mi |
C 21717 96th Street Active | $249,900 List Price | 3 | 2 | 1,306 | $191 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 2004, is 20 years old. While it appears well-maintained and move-in ready, the kitchen features oak cabinets, white appliances, and tile countertops, which are functional but reflect an outdated style. The bathrooms also feature standard, builder-grade fixtures and finishes from its construction era. These elements, while clean, show signs of being outdated and would likely require aesthetic updates for a buyer seeking modern styles, aligning with the 'fair' condition criteria.
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 = 9583, living area = 1220.
- Modern Construction & Design
Built in 2004, this home offers a relatively new construction with an appealing 'stunning southwestern-style' aesthetic.
- Well-Appointed Interior Features
The property boasts a spacious living room with vaulted ceilings and a cozy fireplace, a 'chef's dream' kitchen with ample storage and upgraded tile floors, and a luxurious master suite with a large walk-in closet.
CONSRISKS & DEFICIENCIES
- Geographic Location Challenges
California City's remote, high-desert location may present limitations regarding diverse local amenities, job market opportunities, and potentially slower appreciation compared to more urbanized areas.
- Moderate Interior Square Footage
With 1220 square feet for a 3-bedroom, 2-bathroom home, the interior living space might be considered modest for some buyers, particularly those seeking more expansive living areas or accommodating larger families.
- Potential for Overpricing
The current list price of $274,900 is a notable increase from its last sale price of $249,000 in early 2022, suggesting it may be priced at the higher end of the market for its area, warranting careful comparative market analysis.
About 9641 Rea Avenue
Nestled in the heart of California City, this stunning 3-bedroom, 2-bathroom southwestern-style home offers the perfect blend of comfort and tranquility. Step inside and be greeted by a spacious living room adorned with vaulted ceilings and a cozy fireplace. The kitchen, a chef's dream, boasts ample storage, upgraded tile floors, and a dining area. The master suite is a private retreat, featuring a large walk-in closet and a luxurious bathroom. Outside, the backyard is an oasis, complete with a covered patio. The potential for RV access adds to the property's versatility. Don't miss an opportunity to own this home today. Schedule a private viewing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- -
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 | 1,220 | 1,593.5 | 17% |
| Lot Size | - | 10,018 | 2% |
| Price | $274.9K | $301.0K | 38% |
| Price per sq ft | $225 | $195 | 87% |
| Built year | 2004 | 2005 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 469 | 193 | 0% |
Pricing History
Listed for Sale
Nov 23, 2024
$274,900
Initial Listing
Sold
Feb 11, 2022
$249,000
Public Record
Sold
Jan 28, 2022
$249,000
Public Record
Sold
Jun 30, 2005
$130,000
Public Record