New Construction Duplex with
New
For Sale
$390,000
8336 Sherwood Avenue, California City, CA 93505
Residential Income, California City, CA
Property Size1,694 SF
Lot Size0.22 Acres
Price / SF$230.22
Days on Market2
Property Features for 8336 Sherwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Rm1/Rm2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Directions
Please use google maps.
Subdivision
17 - Kern Co/Mojave/Cal C
Standard status
Active
APN
204-135-01
Size
1,694 SF
Lot size
0.22 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
EV charger
expanded driveway
spacious backyard
RV access
solar panels
laundry hookups
Building Details
Year built
2026
Number of units
2
Building materials
Stucco, Shingle Siding
Listing Agency:
Paradise Realty
(661) 209-7988
Listed By:
Wendy N Acosta · License #02157853
(661) 483-9393
Added: Sep 22
Last Checked: Sep 23 at 7:06PM
MLS# 26007359
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.
Investment Insights
Based on property information with market context.
This under-construction duplex offers 1,694 square feet with two bedrooms and two full bathrooms in each unit. Both residences include a primary suite with a private bath and dual closets, along with modern kitchens equipped with quartz countertops, islands, spacious pantries, and dining areas. Luxury vinyl flooring and contemporary light fixtures are planned throughout. Central heating and central air serve the property.
Each unit has its own one-car garage with laundry hookups, while the site includes an EV charger, expanded driveway, spacious backyard, and RV access for both units. Paid-in-full solar panels are also included. The property occupies 0.22 acres in California City and carries RM1/RM2 zoning. Construction is identified for 2026.
Each unit has its own one-car garage with laundry hookups, while the site includes an EV charger, expanded driveway, spacious backyard, and RV access for both units. Paid-in-full solar panels are also included. The property occupies 0.22 acres in California City and carries RM1/RM2 zoning. Construction is identified for 2026.
Key Highlights
- Two‑unit duplex totaling 1,694 square feet
- Each unit includes 2 bedrooms and 2 full bathrooms
- Each residence has a one‑car garage with laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,880
$422.9K
Cap Rate 7%
$302,057
$302.1K
Cap Rate 9%
$234,933
$234.9K
Market Conditions
NOI Build-Up for 1,694 SF
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.
Gross rent
$31.1K $18.36/SF
− Vacancy
−$896 −$0.53/SF
EGI
$30.2K $17.83/SF
− OpEx
−$9.1K −$5.35/SF
NOI
$21.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,880
Cap Rate 7%
$302,057
Cap Rate 9%
$234,933
Alternative Uses
Best Use
Multifamily LT 5
$302.1K
$264.3K – $352.4K
NOI $21,144 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.3K
NOI $19,515 @ 7.0% cap · market cap 5.00%
Theoretical Best
Warehouse
$361.9K
$316.7K – $422.2K
NOI $25,332 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
37
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature private baths, modern kitchens, individual garages, and separate outdoor access.
Where is this duplex located?
The property is located at 8336 Sherwood Avenue California City, CA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,694 square feet; Each unit includes 2 bedrooms and 2 full bathrooms; Each residence has a one‑car garage with laundry hookups
