0.21 Acres for Sale in California City, CA
Great Lot in Kern County
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Description
This single family residential property is located on Nadia Ave, California City, CA 93505.
GPS; 35.195305,-117.742241
Size; 0.21 Ac
Lot 79 of Tract 3198
APN 288-063-22-00-1
Tax ; 199$ a year
- Nadia Avenue, California City, CA 93505
- Deed Type: Quit Claim Deed
Property Information
Parcel Size
0.21 ac
State
California
County
Kern
Nearest Cities
California City
Parcel #
288-063-22-00-1
Features
Acres
0.21
County
Kern
Access
Dirt Road
Power
Solar
Water
Well
Purchase Information/Fees
$99 Down + $199 DocFee = $298
Nearby Attractions/City
California City
California City had its origins in the state’s postwar real estate boom. For several decades, a booming economy and soaring population drove California’s home prices through the roof.
The first wave of returning servicemen, flush with VA mortgages, drove rapid expansion in Los Angeles and the Bay Area. The second wave was of families from all over the United States looking to send their teenage children to California’s tuition-free universities. The third was a tsunami of tech experts who would found Silicon Valley and drove prices higher than anyone could have foreseen a few years earlier.
Furthermore, large-scale immigration from Mexico during this period added to a general housing shortage that boosted prices higher still.
In this environment, it was virtually impossible to lose money investing in real estate. All anyone had to do was to buy a few thousand acres of worthless scrubland, secure access to the state’s all-important water vouchers, and sell the property in quarter-acre units to new arrivals.