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    Cash-Flowing Quadraplex in High-Demand Area Title is generated by Realmo AI

    13399 Davenport Street, North Edwards, CA 93523

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    Picture of Quadplexes at 13399 Davenport Street, North Edwards, CA
    For Sale
    $320,000

    MULTI_FAMILY - North Edwards, CA

    Property size:
    3,252 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $98/SF
    Added:
    May 19, 2026
    Days on Market:
    7
    Last Refresh:
    May 25 at 11:06 am

    Property Features for 13399 Davenport Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-3
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
    Standard status
    Active
    APN
    230-133-10
    Size
    3,252 SF
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1964
    Number of units
    2
    Building materials
    Stucco, Shingle Siding

    We can help!

    Listing Contact
    Sonya Jones

    Listing agent Sonya Jones License #01324508

    Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd, Burbank, CA

    Listing date May 19, 2026

    MLS# 26004055 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

    • Cash‑flowing quadraplex in a high‑demand rental market.
    • Low‑vacancy risk and excellent rental history.
    • Located near Edwards Air Force Base, ensuring a steady stream of tenants.
    • Low‑density, suburban‑rural mix neighborhood offering a peaceful environment.
    • Stucco and Shingle Siding construction.
    • Evaporative Cooling.

    Overview

    This quadraplex is located in a low-density, suburban-rural mix neighborhood. The property is positioned in a high-demand rental market and serves as a housing hub for personnel working at nearby Edwards Air Force Base. The property offers tenants a peaceful, small-town vibe with open space. The property is 3252 square feet in size and sits on a 0.23-acre lot. The zoning is R-3. This property offers a blend of rural charm and defense-industry rental demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    North Edwards
    County
    Kern
    State
    California
    Longitude
    -117.867
    Latitude
    34.931

    Nearby Similar for Sale

    • $320,000
      2,838 SF

      Cash-Flowing Quadraplex in North Edwards

      Rare quadraplex in high-demand rental market near Edwards AFB.
      13361 Davenport Street, North Edwards, CA 93523
      View Details
    • $799,000
      1,201 SF

      Desert Palms Mobile Home Park

      Mobile home park with 12 units, high occupancy, and solar panels.
      17669 Frontage Road, North Edwards, CA 93523
      View Details

    FAQs

    What type of property is this?
    Quadplex - Rare quadraplex in North Edwards, ideal for investors.
    Where is this quadplex located?
    The property is located at 13399 Davenport Street North Edwards, CA.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Cash‑flowing quadraplex in a high‑demand rental market.; Low‑vacancy risk and excellent rental history.; Located near Edwards Air Force Base, ensuring a steady stream of tenants.
    (661) 916-2290
    We can help!
    Listing Contact
    Sonya Jones
    Real Estate License ID: 01324508
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    13399 Davenport Street, North Edwards, CA 93523
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