8525 Forest Blvd, Calif City, CA 93505

$525,000
5,172
SqFt
Sold Price
$525,000
List Price
$535,000
Closing Date
Jun 25, 2020
MLS#
202001589
Status
SOLD
Type
Multifamily
SubType
5 - 10 Units
City
Calif City
Area
Other
County
Kern
Living Area
5,172
Year Built
1991
Lot Size
10,019

Property Description

Looking for an ATM machine?? this one spits out hundreds! Low-expense, investment property yields high returns!! comprised of six (2) bedroom, (1.5) Bathroom units this building has a total square footage of 5172 sq.ft. and sits on a .23 acre lot. Each unit has been upgraded with recess lighting, granite countertops, kitchen cabinets, flooring, crown molding, & interior and exerior paint. This property also has extra income coming from laundry facility which owner uses to offset some expenses, as well as a propane reimbursement. California City is known for its affordability as well as its tight-knit community atmosphere. Being only 40 minutes away from Palmdale/Lancaster this investment opportunity affords you the ability to have a cash cow within a close distance away from major citys.

Additional Information

Stories
2

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Esteban Contreras with Infinity Real Estate Services

Courtesy of Esteban Contreras with Infinity Real Estate Services

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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