Four Units in Central
8616 N Loop Blvd, California City, CA 93505
For Sale
$584,999
Four units in the center of town, close to services.
Property Size2,958 SF
Lot Size0.23 Acres
Days on Market347
Property Features for 8616 N Loop Blvd
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Calperey Inc.
Listed By:
Robin Calderon · License #01454321
(562) 862-1111
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 16
Last Checked: Aug 26 at 7:40AM
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 Calperey Inc.
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Investment Insights
Based on property information with market context.
This property features four units situated in the center of town, offering close proximity to transit, dining, shopping, and local attractions. Three of the units are ready for occupancy. The property includes a carport with four parking spaces. Tenants are responsible for all power, trash, and water expenses.
Key Highlights
- Prime location in the center of town, close to services, transit, dining, shopping, and attractions.
- Four units offer income potential or multi‑generational living.
- Three units are ready for immediate rental or customization.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,921
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,420
$738.4K
Cap Rate 7%
$527,443
$527.4K
Cap Rate 9%
$410,233
$410.2K
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$54.3K $18.36/SF
− Vacancy
−$1.6K −$0.53/SF
EGI
$52.7K $17.83/SF
− OpEx
−$15.8K −$5.35/SF
NOI
$36.9K $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%
$738,420
Cap Rate 7%
$527,443
Cap Rate 9%
$410,233
Alternative Uses
Best Use
Multifamily LT 5
$527.4K
$461.5K – $615.4K
NOI $36,921 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$486.8K
$426.0K – $567.9K
NOI $34,076 @ 7.0% cap · market cap 5.82%
Theoretical Best
Warehouse
$631.9K
$552.9K – $737.2K
NOI $44,234 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
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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
$239,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 units in the center of town, close to services.
Where is this quadplex located?
The property is located at 8616 N Loop Blvd California City, CA.
What is the asking price?
The asking price for this property is $584,999.
What are key features of this property?
This property features: Prime location in the center of town, close to services, transit, dining, shopping, and attractions.; Four units offer income potential or multi‑generational living.; Three units are ready for immediate rental or customization.
