tomo logo

$999,999

Beds
Unknown
sq ft
Unknown

20961 83rd St, California City, CA 93505

20961 83rd St

California City, CA 93505

  • 42 days on market
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.

Details

Property type

Est. home value

$837,320

Lot size

0.29 acres

Price per sq ft

Unknown

Year built

1986

Price History

01/22/2025
CRMLS

CRMLS #V1-27737

Listed
$999,999
06/07/2024
CRMLS

CRMLS #V1-22318

Removed
$999,999
04/02/2024
CRMLS

CRMLS #V1-22318

Price change
$999,999
-9.01%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

California Dream Realty Inc

Loan start date

July 2023

Original loan amount

$235,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial

Seller

Robert Mourad

Lender

Harpreet Kaur Chawla

Loan start date

June 2023

Original loan amount

$345,000

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Commercial

Seller

Robert Mourad

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 6:10 PM

Listing updated: 02/06/2025 at 12:30 PM

Listed by: Raymond Deckert, Keller Williams West Ventura County Phone #: (805) 646-9800

MLS: CRMLS #V1-27737

CRMLS logo

Recently listed in California City