9237 S Loop Boulevard

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9237 S Loop Boulevard

California City, CA 93505
Asking Price
$375K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 9237 S Loop Boulevard
  • Two-unit apartment building offered for sale
  • Property situated in the city of California City
  • Listed at an asking price of $374,900
  • Regional economy supported by aerospace and energy sectors

What's Special

Investors seeking an entry-level multifamily asset in the high desert region of California may consider this two-unit apartment building. Positioned at 9237 S Loop Boulevard in California City, this property serves as a functional addition to a rental portfolio. The building provides a practical housing solution within a community known for its expansive landscape and proximity to aerospace and renewable energy employment hubs in Kern County. Residential demand in this submarket often stems from professionals working in regional infrastructure and industrial sectors. With its manageable size, this duplex structure is suitable for owners looking for a straightforward management model or those interested in long-term income generation. The site offers convenient access to local transportation routes, facilitating commutes across this growing area of the Mojave Desert. Prospective buyers should conduct thorough due diligence to understand local market dynamics and current rental absorption trends within the 93505 zip code.

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NOI
$80,000
Cap Rate
21.34%
DSCR
3.59
Strong
Cash-on-Cash
51.34%
Monthly Payment
$1,854.801
Annual Cash Flow
$57,742.392

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