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Listed by Robin Calderon • Calperey Inc.
$ 584,999
Est. payment /mo
Price Dropped by $5.3M
8616 North Loop Boulevard California City, CA 93505
2,958 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $197
MLS Listing ID DW-25181414
Year Built 1967
Lot Size 10,019 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Phenomenal Turnkey Investment Opportunity in the Heart of the City!
Attention investors and portfolio builders: This fully occupied, high-performing 4-unit residential income property offers immediate cash flow from day one. Situated in a prime, high-demand location right in the center of town, this asset combines rock-solid rental history with effortless management.
The Property Profile
The property features a highly rentable unit mix designed to appeal to a wide range of long-term tenants:
Two (2) Spacious 2-Bedroom, 1-Bathroom Units
Two (2) Efficient 1-Bedroom, 1-Bathroom Units
4 Dedicated Carport Parking Spaces (one for each unit)
Premium Investment Appeal & Strong Financials
100% Fully Occupied: Skip the headache of lease-ups and immediate vacancy costs. Every single unit is occupied by reliable tenants paying great market rents (see attached rent schedule for full breakdown).
Ultimate Tenant-Paid Utilities: Maximize your net operating income (NOI)! Tenants are fully responsible for paying their own power, trash, and water, keeping landlord overhead remarkably low.
Unbeatable Central Location: Positioned in a high-walkability pocket close to absolutely everything. Tenants enjoy seamless proximity to public transit, diverse dining options, stores, and local attractions. This central convenience guarantees historically low vacancy rates and consistent long-term demand.
Whether you are looking to execute a 1031 exchange or expand your local real estate portfolio, this property is a proven money-maker that checks every single box for passive wealth building.
Showing Instructions: Property is fully occupied. Do not disturb tenants. Strict appointment required for all showings. Contact listing agent to schedule.
Attention investors and portfolio builders: This fully occupied, high-performing 4-unit residential income property offers immediate cash flow from day one. Situated in a prime, high-demand location right in the center of town, this asset combines rock-solid rental history with effortless management.
The Property Profile
The property features a highly rentable unit mix designed to appeal to a wide range of long-term tenants:
Two (2) Spacious 2-Bedroom, 1-Bathroom Units
Two (2) Efficient 1-Bedroom, 1-Bathroom Units
4 Dedicated Carport Parking Spaces (one for each unit)
Premium Investment Appeal & Strong Financials
100% Fully Occupied: Skip the headache of lease-ups and immediate vacancy costs. Every single unit is occupied by reliable tenants paying great market rents (see attached rent schedule for full breakdown).
Ultimate Tenant-Paid Utilities: Maximize your net operating income (NOI)! Tenants are fully responsible for paying their own power, trash, and water, keeping landlord overhead remarkably low.
Unbeatable Central Location: Positioned in a high-walkability pocket close to absolutely everything. Tenants enjoy seamless proximity to public transit, diverse dining options, stores, and local attractions. This central convenience guarantees historically low vacancy rates and consistent long-term demand.
Whether you are looking to execute a 1031 exchange or expand your local real estate portfolio, this property is a proven money-maker that checks every single box for passive wealth building.
Showing Instructions: Property is fully occupied. Do not disturb tenants. Strict appointment required for all showings. Contact listing agent to schedule.
Location
State CA
County Kern
Area Cac - California City
Zoning C4
Interior
Fireplaces Type None
Laundry None
Exterior
Parking Features Carport
Pool None
Community Features Biking
Utilities Available Water Connected, Electricity Connected
Building
Lot Description 0-1 Unit/Acre
Sewer Septic Type Unknown