Listing Agency: Hoekstra & Associates Inc

Listed By: Jaime Martinez · License #01971583

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:01PM

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Investment Insights

Based on property information with market context.

This for-sale quadplex features two separate buildings on one lot, totaling four residential units. Each unit is configured as a 1 bedroom and 1 bathroom.

The property is located at 13854 Front St in Armona, CA 93202. The seller notes an unrealized rent upside and that deals at this approachable price point are in demand. Seller also indicates a preference for all-cash offers.

According to the seller, a quick 2023 COE is available, which may help streamline timing for a qualifying buyer.

Key Highlights

• Two buildings on one lot in Armona, CA
• Total of 4 units: four 1BD/1BA rentals
• Quick 2023 COE preferred by the seller

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center Kitchen & Bath Showroom Bakery HVAC Service Carpet & Flooring 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

4

Residential units

Location Intelligence

Trade Area within ½ mile

163

Businesses Nearby

Explore this area Business Placement

Demographics for 93202, CA

4,154

Population

1,119

Households

3.7

Avg Household Size

32

Median Age

8%

College-Educated

64%

High-School Grad

1.5 sq mi

ZIP Area

2,769

Density / Sq Mi

$60,450

Median Household Income

$30,781

Median Earnings

$1,282

Median Rent

$263,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four total 1BD/1BA units across two buildings on one lot in Armona, CA.

Where is this quadplex located?

The property is located at 13854 Front St Armona, CA.

What are key features of this property?

This property features: Two buildings on one lot in Armona, CA; Total of 4 units: four 1BD/1BA rentals; Quick 2023 COE preferred by the seller