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Mountain-View Duplex with Two Garages
For Sale
$499,900
Pending

1216 Leisure, Frazier Park, CA 93225

Frazier Park, CA

Property Size3,427 SF
Lot Size0.98 Acres
Days on Market146

Property Features for 1216 Leisure

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 1, Bathroom 3, Laundry Room, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking 4
Fireplace 1
Lot features 0-1 Unit/ Acre
Elementary school district El Tejon Unified
Middle school district El Tejon Unified
High school district El Tejon Unified
Directions Take Cuddy Valley West, turn left on Tecuya, Right on Whispering Pines, Left on Pinetree, Right on Leisure lane.
Subdivision PPIN - Pinon Pines
Standard status Pending
APN 25639514005
Size 3,427 SF
Lot size 0.98 Acres

Taxes and HOA fees

HOA Fee $675 Annually

Building Details

Year built 2006
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: Jennings Realty
Listed By: Jeffrey Mowry · License #01225345
Added: May 16 Changed: Sep 30 Last Checked: Oct 8 at 3:06AM
MLS# SR26107218

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 duplex contains 3,427 square feet across two distinct residences on a 0.9778-acre lot. Unit A measures 2,181 square feet with two bedrooms, 1 3/4 bathrooms, a living room with a wood-burning fireplace, granite kitchen counters, gas forced-air and radiant hydronic heating, and an attached two-car garage. Unit B provides 1,246 square feet, two bedrooms, one bathroom, a living room with a gas fireplace, granite kitchen counters, radiant hydronic heating, and its own attached two-car garage.

Built in 2006, the property features composition roofing and a usable setting with mountain views from multiple rooms. The land is designated for equestrian use, adding flexibility for outdoor and animal-related activities. A separate laundry room is also included in the overall configuration.

Key Highlights

  • 3,427‑square‑foot duplex on a 0.9778‑acre lot
  • Unit A: 2,181 square feet, 2 bedrooms, 1 3/4 bathrooms, and an attached 2‑car garage
  • Unit B: 1,246 square feet, 2 bedrooms, 1 bathroom, and an attached 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,775
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,500 $855.5K
Cap Rate 7%
$611,071 $611.1K
Cap Rate 9%
$475,278 $475.3K
Market Conditions
NOI Build-Up for 3,427 SF
Gross rent
$62.9K $18.36/SF
− Vacancy
−$1.8K −$0.53/SF
EGI
$61.1K $17.83/SF
− OpEx
−$18.3K −$5.35/SF
NOI
$42.8K $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%
$855,500
Cap Rate 7%
$611,071
Cap Rate 9%
$475,278

Alternative Uses

Best Use
Multifamily LT 5
$611.1K
$534.7K – $712.9K (±1% cap)
NOI $42,775 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$564.0K
$493.5K – $658.0K (±1% cap)
NOI $39,479 @ 7.0% cap · market cap 7.90%
Theoretical Best
Warehouse
$732.1K
$640.6K – $854.1K (±1% cap)
NOI $51,247 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 93225, CA

4,775
Population
2,397
Households
2
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
112.0 sq mi
ZIP Area
43
Density / Sq Mi
$47,152
Median Household Income
$40,735
Median Earnings
$1,433
Median Rent
$334,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer fireplaces, granite kitchens, private garages, and separate living layouts.
Where is this duplex located?
The property is located at 1216 Leisure Frazier Park, CA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3,427‑square‑foot duplex on a 0.9778‑acre lot; Unit A: 2,181 square feet, 2 bedrooms, 1 3/4 bathrooms, and an attached 2‑car garage; Unit B: 1,246 square feet, 2 bedrooms, 1 bathroom, and an attached 2‑car garage
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