8318 Dogbane Avenue, California City
California City Home For Sale
Discover the perfect investment opportunity at 8318 Dogbane Ave., California City, California. Nestled in a prime location, this property boasts six split level 2 bedrooms and 1 bath units. With approximately 5280 sq. feet of living space, there's ample room for tenants to enjoy. Several units have been recently remodeled, offering a fresh and modern appeal that tenants will love. Whether you're looking to expand your rental portfolio or start anew, this property promises great potential and value. Situated approximately 20 miles from Edwards Air Force Base, 35 miles from the city of Lancaster, 65 miles from Bakersfield and 125 miles to Los Angeles. Fully rented at market, the property has a pro forma income of $78,612 with a GRM of 9.5 and a cap rate of 7.73%. Can be purchased together with another six unit property at 6611 California City Blvd., California City.
Property Details
Additional Information
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- City:
- California City
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- County:
- Kern
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- Zip:
- 93505
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- MLS® #:
- 24408373
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- Bedrooms:
- 8
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- Bathrooms:
- 4
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- Square Ft:
- 5,280
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- Lot Size:
- 0.18
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- Levels:
- Two
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 13th, 2024 at 8:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.