Four-Unit Quadplex with
1-4-21107 Nemophilia St, California City, CA 93505
For Sale
$829,000
Four separate residences include kitchens, living areas, and on-site laundry.
Property Size3,130 SF
Price / SF$264.86
Days on Market56
Property Features for 1-4-21107 Nemophilia St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
open parking
laundry on the premises
Listing Agency:
The Real Estate Place
(661) 206-2121
Listed By:
Erika Rubio · License CA #02012011
(661) 718-9106
Source:
Exprealty
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 8 at 8:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Place
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This quadplex at 1-4-21107 Nemophilia St comprises four individual two-bedroom, one-bath units totaling approximately 3,130 square feet. Each residence includes a kitchen and living area, creating a consistent layout across the property. The roof was installed in 2004, and laundry facilities are available on site.
Open parking is provided behind the building. The property is in California City near local shopping, services, and major roadways, adding convenient access to everyday amenities and transportation routes.
Open parking is provided behind the building. The property is in California City near local shopping, services, and major roadways, adding convenient access to everyday amenities and transportation routes.
Key Highlights
- Four separate 2‑bedroom, 1‑bath units
- Approximately 3, 130 sq. ft. of total living space
- Kitchens and living areas in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,068
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,360
$781.4K
Cap Rate 7%
$558,114
$558.1K
Cap Rate 9%
$434,089
$434.1K
Market Conditions
NOI Build-Up for 3,130 SF
Gross rent
$57.5K $18.36/SF
− Vacancy
−$1.7K −$0.53/SF
EGI
$55.8K $17.83/SF
− OpEx
−$16.7K −$5.35/SF
NOI
$39.1K $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 Rate 5%
$781,360
Cap Rate 7%
$558,114
Cap Rate 9%
$434,089
Alternative Uses
Best Use
Multifamily LT 5
$558.1K
$488.4K – $651.1K
NOI $39,068 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$515.1K
$450.7K – $601.0K
NOI $36,058 @ 7.0% cap · market cap 4.35%
Theoretical Best
Warehouse
$668.7K
$585.1K – $780.1K
NOI $46,806 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 93505, CA
14,880
Population
5,352
Households
2.8
Avg Household Size
35
Median Age
11%
College-Educated
79%
High-School Grad
65.0 sq mi
ZIP Area
229
Density / Sq Mi
$55,010
Median Household Income
$32,590
Median Earnings
$1,016
Median Rent
$239,600
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Kern County, CA
Properties on Market for Quadplexes in Kern County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences include kitchens, living areas, and on-site laundry.
Where is this quadplex located?
The property is located at 1-4-21107 Nemophilia St California City, CA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four separate 2‑bedroom, 1‑bath units; Approximately 3, 130 sq. ft. of total living space; Kitchens and living areas in each unit
