$399,999 / 3600ft2 - California City 4Plex Fixer
Description
The Space & Details
About This Housing
Updated Listing: California City 4-Unit Investment Property
A four-unit property in California City is now available for purchase. The asking price is set at $399,999. The building comprises four individual units, configured with a total of six bedrooms, though it currently functions as nine separate sleeping spaces. The property also includes five bathrooms. The total building area measures approximately 3,600 square feet, situated on a lot of about 12,300 square feet.
This property offers significant investment potential. One unit is already vacant, with the remaining units expected to turn over soon. This provides a clear opportunity to perform renovations and increase rental income. The deal is suitable for various investment strategies, including a fix-and-flip, a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) approach, or a long-term hold. The goal would be to stabilize the property and boost its income stream. The property sits on a large parcel with a practical mix of unit types.
Rental demand is solid in the area, which is characterized by a supply-constrained market.
For further details, please contact Seth at [show contact info].