Technical
Financial
Distress signals
Property profile

0 Yerba Blvd California City, CA 93505

OFF-MARKET
Land
0.21 ac lot
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Property summary

AI-generated overview

This exceptional 9,194 square foot lot, located in California City, CA (APN 218-062-07), presents a remarkable opportunity for developers. Zoned RM2, it's ideally suited for multi-family residential development. The property boasts paved frontage, access to utility lines, and is conveniently situated adjacent to existing structures. Its prime location is less than a block north of the high-traffic California City Boulevard, placing it near the town center. Priced affordably at $8,990 ($1/sq ft), this parcel offers significant potential given the high demand for housing in Southern California. An adjacent lot (APN 218-062-06) is also available for purchase, allowing for potential acquisition of both parcels. This property is a must-see for developers seeking a strategic investment in a growing California market. The zip code is 93505. The property is privately owned.

Property profile

Verified
Property type Land
Lot 0.21 ac (9,191 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Yerba Blvd California City, CA 93505
California City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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