20845 83Rd St, California City, CA 93505
This ±0.311-acre (approximately 13,545 square feet) parcel presents a remarkable opportunity for multifamily development in California City, CA. Zoned RM1 for high-density residential, this level lot boasts convenient access from paved road frontage on the south and east. Utilities are readily available, with an electric pole on the west edge, natural gas nearby, and a fire hydrant at the corner. Water access is at the street. The property's central location offers proximity to existing businesses, developments, and a local school, enhancing its appeal. Nearby, a fully rented 24-unit apartment complex showcases the potential for similar projects. The site enjoys a peaceful setting, close to a neighborhood walking path. Its strategic location provides easy access to California City Boulevard and is within eight miles of Highway 14, offering convenient connections to Mojave, Tehachapi, Golden Hills, and Lancaster. The seller is offering attractive financing options, including a seller-carry loan with only a 10% down payment. The lot measures approximately 126 feet wide by 96 feet deep. The APN is 203-141-09-00-4. This is an exceptional investment opportunity in a growing area.
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.