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Home For Sale

Picture of Home For Sale in California City, California, United States

$749,000

8318 Dogbane Ave
California City, California, United States

Listed By: Realtyww Info

Listed On: 07/13/2025

Listing ID: GL11946343 View More Details

Description

Discover the perfect investment opportunity at 8318 Dogbane Ave., California City, California. Nestled in a prime location, this property boasts six split level 2 bedrooms and 1 bath units. With approximately 5280 sq. feet of living space, there's ample room for tenants to enjoy. Several units have been recently remodeled, offering a fresh and modern appeal that tenants will love. Whether you're looking to expand your rental portfolio or start anew, this property promises great potential and value. Situated approximately 20 miles from Edwards Air Force Base, 35 miles from the city of Lancaster, 65 miles from Bakersfield and 125 miles to Los Angeles. Fully rented at market, the property has a pro forma income of $78, 612 with a GRM of 9.5 and a cap rate of 7.73%. Can be purchased together with another six unit property at 6611 California City Blvd., California City.

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Listed by: Will Tiao
Source: The World Property Journal

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