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20961 83rd Street

California City, CA 93505
  • $999,999
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: V1-27737
UPDATED: 31 min ago
$999,999
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

Listing Agent(s): Raymond Deckert of Keller Williams West Ventura County ((805) 646-9800) and Robert Perron of Keller Williams West Ventura County((805) 643-3337)


Description

Introducing an exceptional investment opportunity at 20961 83rd Street, California City, California! This two-story multi-family apartment building comprises eight units, offering a lucrative investment prospect for discerning buyers. The property features a well-designed layout, with four units consisting of 2 bedrooms and 2 bathrooms, and the remaining four units featuring 1 bedroom and 1 bathroom each. This diverse configuration caters to various tenant preferences, enhancing the property's rental potential. With a focus on easy maintenance, the exterior of the property is designed for efficiency, minimizing upkeep requirements and allowing for seamless property management. This ensures that property owners can enjoy hassle-free ownership and optimize their investment returns. Additionally, the property offers an easy commute to Lancaster, with a range of amenities and employment opportunities - Edwards Air Force Base is located nearby as well. This convenient access enhances the property's appeal to potential tenants and contributes to its long-term viability as an investment. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking to enter the real estate market, the property presents an enticing opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159678342
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20961 83rd Street California City, CA 93505

  • Price: $999,999
  • Status: Active
  • On Site: 96 Days
  • Updated: 31 min ago
  • MLS #: V1-27737
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1986
Built
Neighborhood:
Not Applicable
County:
Kern
Area:
CAC - California City
Property Description
Introducing an exceptional investment opportunity at 20961 83rd Street, California City, California! This two-story multi-family apartment building comprises eight units, offering a lucrative investment prospect for discerning buyers. The property features a well-designed layout, with four units consisting of 2 bedrooms and 2 bathrooms, and the remaining four units featuring 1 bedroom and 1 bathroom each. This diverse configuration caters to various tenant preferences, enhancing the property's rental potential. With a focus on easy maintenance, the exterior of the property is designed for efficiency, minimizing upkeep requirements and allowing for seamless property management. This ensures that property owners can enjoy hassle-free ownership and optimize their investment returns. Additionally, the property offers an easy commute to Lancaster, with a range of amenities and employment opportunities - Edwards Air Force Base is located nearby as well. This convenient access enhances the property's appeal to potential tenants and contributes to its long-term viability as an investment. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking to enter the real estate market, the property presents an enticing opportunity.
Exterior Features

Fencing Block Lot Features Sprinklers None Number Of Separate Electric Meters 8 Parking Total 16 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Dishwasher Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating YN Yes

Property Features

Association Fee 0 Cap Rate 8 Community Features Suburban Electric Expense 389 Fuel Expense 1995 Garage YN No Gross Income 106500 Gross Scheduled Income 106500 Insurance Expense 2520 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 80500 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Operating Expense 27300 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Trash Expense 2100 Water Sewer Expense 3675



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Raymond Deckert of Keller Williams West Ventura County ((805) 646-9800) and Robert Perron of Keller Williams West Ventura County((805) 643-3337)