Two-Unit Duplex with In-Unit
For Sale
$199,999
Pending
26949 Anderson Street, Boron, CA 93516
Residential Income, Boron, CA
Property Size884 SF
Lot Size0.21 Acres
Days on Market200
Property Features for 26949 Anderson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Directions
Boron ave to anderson
Subdivision
18 - N Edwards/Boron
Standard status
Pending
APN
231-122-13
Size
884 SF
Lot size
0.21 Acres
Utilities
Heating system
Natural Gas
Amenities
indoor laundry
Building Details
Year built
1955
Number of units
2
Building materials
Stucco, Shingle Siding
Listing Agency:
Keller Williams Realty A.V.
(661) 538-2800
Listed By:
Zachary Sprague · License #02076699
(760) 403-3985
Added: Feb 6
Changed: Aug 19
Last Checked: Aug 25 at 5:06AM
MLS# 26001050
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex offers an efficient, renter-friendly layout with separate 1 bed, 1 bath units. Each unit includes indoor laundry, and utilities are separately metered for water, power, and gas, supporting simpler tenant billing and expense tracking. Heating is provided via natural gas. The exterior is constructed with stucco and shingle siding, and the property was built in 1955.
Located in Boron, the duplex is positioned for convenient access to local amenities and commuter routes toward Hwy 58 / US-395 and the greater High Desert corridor. Zoning is R-2.
The property sits on approximately 0.21 acres, providing some space to consider additional on-site improvements in the future, subject to applicable requirements.
Located in Boron, the duplex is positioned for convenient access to local amenities and commuter routes toward Hwy 58 / US-395 and the greater High Desert corridor. Zoning is R-2.
The property sits on approximately 0.21 acres, providing some space to consider additional on-site improvements in the future, subject to applicable requirements.
Key Highlights
- Two separate 1 bed, 1 bath units
- Indoor laundry in each unit
- Water, power, and gas are separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,034
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,680
$220.7K
Cap Rate 7%
$157,629
$157.6K
Cap Rate 9%
$122,600
$122.6K
Market Conditions
NOI Build-Up for 884 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$16.2K $18.36/SF
− Vacancy
−$467 −$0.53/SF
EGI
$15.8K $17.83/SF
− OpEx
−$4.7K −$5.35/SF
NOI
$11.0K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,680
Cap Rate 7%
$157,629
Cap Rate 9%
$122,600
Alternative Uses
Best Use
Multifamily LT 5
$157.6K
$137.9K – $183.9K
NOI $11,034 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$145.5K
$127.3K – $169.7K
NOI $10,184 @ 7.0% cap · market cap 5.09%
Theoretical Best
Warehouse
$188.8K
$165.2K – $220.3K
NOI $13,219 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 93516, CA
2,114
Population
1,286
Households
1.6
Avg Household Size
39
Median Age
22%
College-Educated
82%
High-School Grad
28.6 sq mi
ZIP Area
74
Density / Sq Mi
$71,250
Median Household Income
$46,163
Median Earnings
$981
Median Rent
$102,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.21-acre lot with separate utility metering and indoor laundry in each 1 bed, 1 bath unit.
Where is this duplex located?
The property is located at 26949 Anderson Street Boron, CA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Two separate 1 bed, 1 bath units; Indoor laundry in each unit; Water, power, and gas are separately metered
