8412 Catalpa Ave California City, CA 93505
This exceptional 0.311-acre residential lot presents a unique opportunity in California City, CA. Priced at $21,500, this R1-zoned property offers a level, buildable site perfect for constructing a new home. Located at 8412 Catalpa Ave, 93505, the lot boasts convenient paved road frontage on the north and east, with readily accessible utilities. An electric pole is situated on the property's southern edge, and water is available at the street. The peaceful neighborhood features a nearby walking path, and the lot's dimensions are approximately 90 feet wide by 85 feet deep (approximately 9,600 square feet). Enjoy a secure location near existing businesses and developments, with a short walk to the local school. Upscale homes built in 2005 and 2006 are located nearby. The property offers easy access to California City Blvd and is within eight miles of Highway 14, providing convenient access to Mojave, Tehachapi, Golden Hills, and Lancaster. Seller financing is available with a 10% down payment. APN: 203-141-09-00-4. This is an ideal opportunity to build in a desirable location.
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.