0 Yerba Blvd, California City, CA 93505
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.
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
Similar Nearby for Lease
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.