3 months on rocket

8318 Dogbane Ave, California City, CA, 93505

$689,000

Home List Price

$8,182*

Closing Credit

0 Baths
5,280 SqFt
$130/SqFt
House

Location

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8318 Dogbane Ave, California City$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1989
HeatingCentral
CoolingCentral Air
MLS #24408373
Lot Size0.18 Acres
StatusActive

About 8318 Dogbane Ave

Reduced Price! Motivated Seller! 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. Currently 3 units are vacant, one of which is remodeled/ move-in ready, and two that the buyer can update to their liking. Whether you're looking to expand your rental portfolio or start anew, this property promises great potential and value-add. 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 8.76 and a cap rate of 7.8%. Can be purchased together with another six unit property at 6611 California City Blvd., California City.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 5,280 SqFt

Listing Office:

  • Office Name: The Collective Realty
  • Office Phone: (310) 569-1335
  • Listing Agent: Will Tiao

Interior Features

Interior Information:

  • Appliances: Dishwasher

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • California City High School, Public District Grades 9-12
  • Hacienda Elementary School, Public District Grades 4-6
  • California City Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: I-5N to the 14 pass Lancaster, exit California City Blvd., N on Nemophilia St. , E on Dogbane

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $3,623
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in California City, CA.

Med. Sold Price

$295K

Med. Price/SqFt

$193

Avg. Days On Market

59

# of Sold Homes

12

8318 Dogbane Ave vs California City

97 DAYS ON ROCKET

+38 Days

$689,000

+$394K More

$130/SqFt

-$63 Less

KEY TAKEAWAY

This property is $394K more than the Median Sold Price and $63/SqFt less than other homes in California City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24408373

Listing Office:

  • Office Name: The Collective Realty
  • Office Phone: (310) 569-1335
  • Listing Agent: Will Tiao

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 02, 2010Home Sold
$210,000
Apr 02, 2008Home Sold
$275,000
Aug 10, 1998Home Sold
$89,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,623$250,417
2020$3,484$247,851
2019$3,394$242,992
2018$3,534$238,229
2017$3,534$233,559

History based on county public records data.

Payment Calculator

$3,506

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-586010
4
/10
  • Hacienda Elementary School

  • 19950 Hacienda Blvd

  • 1.74 miles

  • Public District Grades 4-6

school-card-donut-586011
2
/10
  • California City Middle School

  • 9736 Redwood Blvd

  • 1.84 miles

  • Public District Grades 7-8

High School

school-card-donut-586012
4
/10
  • California City High School

  • 8567 Raven Way

  • 0.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,140. The majority of California City, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8318 Dogbane Ave

What is the listing price of this property?

The listing price of 8318 Dogbane Ave property is $689,000.

What type of property is this?

The property 8318 Dogbane Ave is a house located in California City, California, 93505.

Is this property for sale now?

Active Listing: 8318 Dogbane Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8318 Dogbane Ave are:
Hacienda Elementary School: GreatSchools Rating 4/10
California City Middle School: GreatSchools Rating 2/10
California City High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,623 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 2, 2010 for $210,000. (source: MLS/tax record).

What is the square footage of this property?

The property 8318 Dogbane Ave is 5,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8318 Dogbane Ave is 1989.

Rocket HomesCaliforniaKern CountyCalifornia City935058318 Dogbane Ave

This home is located at 8318 Dogbane Ave in California City, CA and zip code 93505. This 5,280 square foot home, which was built in 1989, sits on a 0.18 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $689,000.

In September 2024, from all listings sold in California City, CA there were more than 6 sold above asking price, over 0 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in California City, CA between August 2024 and September 2024 increased by 6.4%. The median list price of listings available in September 2024 was $295,000, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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