9840 Margery Avenue, California City, CA 93505, California City, 93505 - 3 bed, 2 bath
9840 Margery Avenue
California City, CA 93505
Property Price
SUMMARY
Analysis of 9840 Margery Avenue, California City, CA 93505 reveals a property with a current list price of $290,000, which is 5% above the estimated $275,830 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 |
|---|---|---|---|---|---|---|
★ 9840 Margery Avenue Subject | $290,000* List Price | 3 | 2 | 1,625 | $170 | - |
A 21932 99th Street Sold | $324,000 | 3 | 2 | 1,559 | $208 | 0.2 mi |
B 21932 99th Sold | $315,000 | 3 | 2 | 1,559 | $202 | 0.2 mi |
C 9031 Heather Avenue Sold | $255,000 | 3 | 2 | 1,652 | $154 | 1.0 mi |
D 9801 Margery Avenue Sold | $307,000 | 3 | 2 | 1,666 | $184 | 0.1 mi |
E 21717 96th Street Sold | $240,000 | 3 | 2 | 1,306 | $184 | 0.4 mi |
F 9957 Susan Avenue Active | $375,000 List Price | 3 | 2 | 1,780 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1990, has received some cosmetic updates such as new laminate flooring throughout the main living areas and fresh paint, making it largely move-in ready. However, the kitchen is significantly outdated with original-style wood cabinets, tile countertops, a fluorescent box light, and older white appliances, requiring a full renovation to meet current standards. The bathrooms show some partial updates (vanity top, faucet, mirror, light fixture) but are not fully modern. Major systems may be nearing the end of their expected lifespan, and the lack of explicit central AC mention is a concern for the climate. Overall, it's maintained but shows signs of being aged and requires substantial kitchen updates.
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 = 1625.
- Potential ADU / Income Opportunity
The property includes an 800 sq. ft. back house with high ceilings and a private entrance, offering significant potential for additional rental income, a guest suite, or a home office.
- Modern & Inviting Interior
Features an open floor plan, beautiful laminate floors, abundant natural light, and a cozy fireplace, creating a warm and contemporary living space.
CONSRISKS & DEFICIENCIES
- Geographic Location
California City's remote desert location may not appeal to all buyers, potentially limiting the buyer pool and impacting future appreciation compared to more populated areas.
- Age of Property Systems
Built in 1990, the property's major systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing the end of their expected lifespan, potentially requiring significant future investment for replacement or upgrades.
- Absence of Cooling System Mention
Given California City's hot climate, the lack of an explicitly mentioned cooling system (like central AC) could be a significant drawback for comfort and resale value, as only a fireplace is noted for warmth.
About 9840 Margery Avenue
Welcome to this spacious 3-bedroom, 2-bathroom home located in the heart of California City! With its open floor plan and beautiful laminate floors, this home is filled with natural light and exudes warmth and charm. Upon entering, youre welcomed by a cozy fireplace that creates a warm and inviting living space. The large, well-designed kitchen offers plenty of storage and flows seamlessly into the connected dining area, making it perfect for family meals and entertaining. The generously sized bedrooms, including a comfortable primary bedroom, provide plenty of space for relaxation and privacy. The expansive backyard features an open patio, perfect for gatherings or enjoying peaceful evenings outdoors. Adding incredible value, the property includes an 800 sq. ft. back house with high ceilings and a private entrance, making it a potential ADU. This space is ideal for creating additional rental income, a guest suite, or a home office. The spacious garage offers ample room for storage or projects, adding even more versatility to this property. This home truly has it allspacious living, thoughtful updates, and the flexibility of a potential ADU. Dont miss out on this incredible opportunity in California City!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- 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 | 1,625 | 1,601.5 | 52% |
| Lot Size | 10,454 | 10,018 | 68% |
| Price | $290.0K | $301.0K | 45% |
| Price per sq ft | $178 | $194 | 38% |
| Built year | 1990 | 2005 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 485 | 193 | 0% |
Pricing History
Listed for Sale
Nov 7, 2024
$290,000
Initial Listing
Sold
Mar 27, 2020
$243,000
Public Record
Sold
Jul 6, 2018
$220,000
Public Record
Sold
May 18, 2001
$137,500
Public Record