21806206 Yerba Blvd, California City, CA 93505
This exceptional 9,672 square foot lot in California City, CA (APN 218-062-06), presents a remarkable investment opportunity. Zoned RM2, it's ideally suited for multi-family residential development. The property boasts convenient paved frontage, readily accessible utility lines, and a prime location less than a block north of the bustling California City Boulevard, placing it near the heart of town. Its adjacency to existing structures further enhances its appeal. Priced affordably at $8,990, this land offers a compelling value proposition, especially considering the high demand for housing in Southern California. The lot's size translates to a price per acre of $58,514. An adjacent lot (APN 218-062-07-00-0) is also available for purchase, presenting the option of acquiring both parcels as a package deal. This property is a must-see for developers seeking to capitalize on the region's growth potential. The property is located at 21806206 Yerba Blvd, California City, CA 93505, in Kern County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.