California City Multifamily
8531 Columbine Avenue, California City, CA 93505
MULTI_FAMILY - California City, CA
Property size:
4,000 SFLot size:
0.25 AcresPrice / SF:
$194/SF- Added:
- Apr 1, 2026
- Days on Market:
- 61
- Last Refresh:
- May 31 at 6:06 pm
Property Features for 8531 Columbine Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1/RM2
- Bedrooms
- 8
- Rooms
- Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 8
- Standard status
- Active
- APN
- 212-214-07
- Size
- 4,000 SF
- Lot size
- 0.25 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Tile
Listing agent Pamela J Vasquez License #01385549 (661) 816-9492
Listing office So Cal REALTORS Platinum 41843 10th st. Ste B, Tehachapi, CA (855) 877-6225
Listing date Apr 1, 2026
MLS# 26002732
Listing URL
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.
HighLights
- Excellent positive cash flow from all units.
- Four 2‑bedroom, 2‑bath units.
- All units include refrigerators and washer/dryers.
- Built in 2007.
- Central heating and central air conditioning.
- Stucco construction with tile roof.
Overview
This multifamily property presents an investment opportunity. The property consists of four units. Each unit features two bedrooms and two bathrooms. All units include appliances such as refrigerators, washers, and dryers. The property is located in California City, CA, with a zoning designation of RM1/RM2. The lot size is 0.25 acres. The property size is 4000 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.4k | $18.36 |
| − Vacancy | −$2.1k | −$0.53 |
| EGI | $71.3k | $17.83 |
| − OpEx | −$21.4k | −$5.35 |
| NOI | $49.9k | $12.48 |
4,000 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$713.2K
$624.1K – $832.1K
NOI $49,927 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$854.5K
$747.7K – $996.9K
NOI $59,816 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- California City
- County
- Kern
- State
- California
- Longitude
- -117.974867
- Latitude
- 35.127934
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four units, each with two bedrooms and two bathrooms.
Where is this quadplex located?
The property is located at 8531 Columbine Avenue California City, CA.
What is the asking price?
The asking price for this property is $777,000.
What are key features of this property?
This property features: Excellent positive cash flow from all units.; Four 2‑bedroom, 2‑bath units.; All units include refrigerators and washer/dryers.
