Land for Sale in California City, CA – What Do You Need to Know
Incorporated in 1965, California City, CA is home to 14,120 people. The city’s population has recently exploded, according to the 2000 and 2010 census. Within this 10 year span, the population grew from 8,385 people to over 14,000 people; a near 75% growth in population within just a decade.
And, the city has attracted investors due to:
* A resort in the city.
* A PGA golf course.
The area is also home to the Edwards Air Force Base, which employs mainly residents of the city. Other major sources of employment include:
* Silver Saddle
* Mojave Air And Space Port
* California Department Of Corrections And Rehabilitation
There is also a municipal airport in the area. The roots of the town can be traced back to 1958 when Nat Mendelson, a real estate developer, purchased a massive 80,000 acres in the Mojave Desert. Nat’s goal was to build a city that would rival Los Angeles. While his plans have yet to materialize, the city has been increasing in population as of late.
It’s unlikely that California City will ever reach the heights of Los Angeles, but it is well on its way to a major population growth, as we’ve seen in the last decade.
Climate in the Area
A major draw in all of California is the beautiful climate. The city itself spans 203 mi.² with just 0.05% of the land being water. In terms of total land area, this is the 34th largest land area in the United States, and the third largest city in all of California by land area, not population. The climate itself is rather mild, with the lowest of lows seen in December averaging about 33°F. The hottest month is July when the average highs reach 97°F.
During the year, the region experiences up to 6.63 inches precipitation on average.
The average highs throughout the year are 76.3°F, with the average lows being 40.9°F. An ideal temperature range for those that want to escape snowstorms in winter weather, California City is beautiful year-round.
Silver Saddle Ranch and Club
The Silver Saddle is one of the city’s biggest employers and is the resort that we mentioned briefly earlier. And, this is the one place that people from all over California and the United States come to enjoy. This is a very unique destination because it includes a lot of outdoor activities, as well a private resort oasis that is situated in the Sierra Nevada Mountains on 120 acres of land. The ranch includes the following:
* Beautiful lakes
* Horse riding
* Paddle boating
* Boutique hotel
* Western style restaurant
* Old west saloon
* Skeet shooting
The owners of club have changed the idea of a resort and shown that in California City, California, there is a lot of potential for land developers and investors. Tens of thousands of people come to this resort every year, and many of them are looking for rental homes and other options in the area to spend their time in nature's paradise.
Land and Real Estate in California City
California City is an interesting choice for investors because there is a lot of land available in the area. Because the population has grown so quickly, there is demand in the area for homes, land and development opportunities.
Let’s take a look at current land properties on the market:
* The cheapest acreage lot on the market is on Magnolia Avenue for $7,400 and includes 2.85 acres (cheapest parcel with us can be currently found at $1,799).
* There are several lots of land that are in the 10,000 ft.² range for $1,200 or less.
* The biggest lot currently available is for sale for $749,000, and consists of 146.2 acres.
I would also note that there are some lots that are priced rather high due to the location. For example, a .42 acre lot on North Loop Blvd. is for sale for $75,000. These are lots that are closer to the city center and have a higher demand as a result. We found a 40 acre lot selling for just $30,000 that is located well outside of the city center.
So, whether you want a lot that is under an acre of land or a lot that has several acres, you’ll be able to find it within our listings in California City.
Real Estate Market Overview
We have a variety of data that has been supplied from the third quarter of 2015 in terms of real estate data. This data is derived from July 2015 to October 2015, and shows how the current market in the city is doing with real values given.
The median sale price has dropped 4.8% year-to-year, down $4,000 to just $80,000. The average square foot price has dropped by 1.7% on the year to just $50 per square foot. With this said, the average number of sales on the year has increased by 21.8%, with 67 houses being sold during this time. What this tells us is that investors are flocking to the city as well as new residents, which will help increase values in the future.
The median household income in the city in $45,735, with the average family income being $51,402. Year-on-year, the average three-bedroom home price has increased from $76,000 a year ago to $80,000 in 2015, up 5.3%. During the peak season, in Q2, the average three-bedroom was selling for $87,500. In retrospect, five years ago, the average house of this size was selling for just $53,000. Four-bedroom home prices are on the decline and have dropped 10% on the year, down $121,500 on average. But, the same homes were selling for just $79,000 5 years ago. While the housing market has been suffering slightly, the sale prices have appreciated 37.9% in the last five years in the city.
California City, CA has a lot of potential for the right investor who has development plans and minds. Shopping malls, an updated hotel or even another resort that allows people who live in the city to escape from the hustle and bustle will be a big draw. And, a 37% appreciation rate in the past five years also reflects on the increase of land prices during the same time.
With the right investor, a lot of money can be made in this growing city.
LandCentury.com specializes in selling wholesale real estate at the lowest prices. We believe that everyone should have the right and the opportunity to get a great deal on investment property All you have to do to get the property you’ve always wanted is follow these simple steps:
Step 1: Find the Perfect Property
Use LandCentury.com’s powerful network of real estate listings to find the property of your dreams. We have everything from move-in ready investment properties and cheap houses to rural land, buildable lots, and fixer-uppers. No matter what type of real estate you’re looking for, you can find it at LandCentury.com
Step 2: Click the Buy Button
This will start the purchase process. As one of America’s top online property listing sites, we leverage our unique business model of submitting an online payment to hold the listing to make transactions straightforward and secure. Our purchase process is designed for simplicity and security. Once you click the buy button, you will:
Use our secure site to submit your processing fee. We make every effort to protect your privacy. That’s one of the reasons why we offer a 24-hour money back guarantee on your processing fee, so you can feel confident in your transaction.
The seller will contact you within the next 24 hours procced to the next step and get the necessary info to prepare the contract.
Buyer Transaction & Privacy Protection
LandCentury.com stands behind our buyers, and we want you to know that your hard earned money is safe when doing business through us. That’s why we have a number of features to help protect buyers, including:
Symantec Secure Site SSL certificate, providing a $1,500,000 warranty on every transaction
Secure encryption and data protection
24 hour money back guarantee on processing fees
2 separate legal offices across the country to help you with any problems you encounter, anytime
Seller ratings so you can see what other people have to say about their experience with your seller
Still Have Questions?
We’d love to answer them. Check out our Help Center page or call us at 1-888-LAND-WEB (526-3932)
Our highly specialized support team is ready to find a solution to your problem. A people first policy insures that a team member will always be available to speak with you personally.
Symantec SSL Certificate
Symantec is a global leader in providing security, information management solutions to help our customers – from consumers and small businesses to the largest global organizations – secure and manage their information against more risks at more points, more completely and efficiently than any other company. Our company’s unique focus is to eliminate risks to information, technology and processes independent of the device, platform, interaction or location.
This website can secure your private information using a SSL Certificate. Information exchanged with any address beginning with https is encrypted using SSL before transmission. LandCentury.Com LLC has been verified as the owner or operator of the website located at www.LandCentury.com. Official records confirm LandCentury.Com LLC as a valid business.
Better Business Bureau
For more than 100 years, Better Business Bureau has been helping people find businesses, brands and charities they can trust. In 2015, people turned to BBB more than 172 million times for BBB Business Reviews on more than 5.3 million businesses and Charity Reports on 11,000 charities, all available for free at www.bbb.org. The Council of Better Business Bureaus is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico, as well as home to its national and international programs on dispute resolution, advertising review, and industry self-regulation.
BBB has determined that LandCentury.Com, LLC meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public. BBB accreditation does not mean that the business’ products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business’ product quality or competency in performing services.
Web Site Anti-Malware Scan
GeoTrust is the world’s second largest digital certificate provider. More than 100,000 customers in over 150 countries trust GeoTrust to secure online transactions and conduct business over the Internet. Our range of digital certificate and trust products enable organizations of all sizes to maximize the security of their digital transactions cost-effectively.
The GeoTrust Web Site Anti-Malware Scan includes a daily malware scan to detect malware and alert you with detailed information to respond quickly to the attack. What happens if malware is detected on this web site? If malware is discovered, the GeoTrust Web Site Anti-Malware Seal no longer displays. When the scan confirms that all instances of malware are removed, the seal displays again.
If you feel that you have been a victim of real estate fraud, there are many resources available for you as the victim. Your first step is to contact the local District Attorney’s office and report the incident. Our office will stand by you and provide any relevant information to support your claim. Here are additional agencies that can assist you and provide more resources: