As shown in advertised published special   This house in California City has 5000sf of living space and is located on 5 acres of prime land. price $500,000

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Coming Soon Big West Auctions

BWC owns more than 100 vacant parcels; including residential home sites, apartment sites, and commercial properties within the California City and the East Kern County communities. According to research studies, California job growth and record low interest rates 13 has benefited the construction industry- driving demand to real estate products. The State required 14 developments of 300,000 acres of vacant land to construct 1.2 million homes in order to meet pent-up demand over the past eight years. Presently, the State requires 220,000 housing units annually to meet demand 15. Current reports indicate this once remote hi-desert region commonly referred to as the Antelope Valley is a "hot housing market 16" and "fast growing". The Antelope Valley, including California City is in prime position 17 for substantial industrial and residential growth. Current projections indicate Southern California's growing population will extend into and saturate the Antelope Valley over the next 20 years. Southern California Association of Governments (SCAG) reports that 800,000 more people will live in the Antelope Valley in the next twenty years in 254,000 new housing units 18. "The population of Kern County 19 will triple by the year 2040." 20 Kern County is the states second fastest growing County. California City's smog-free, moderately comfortable 21 climate and quality lifestyle will attract thousands of residents to this community.

California City, located 51 miles north of Palmdale, California and only 15 miles north of Edwards Air Force Base, will have substantial, dramatic real estate growth potential over the next ten years. Recent studies prove this area's strong growth rate, as it is closely located next to Palmdale, once the "fourth fastest growing city in the nation". At 7.98% annual population growth since 1997, East Kern County leads the Antelope Valley in growth. Comparatively the Antelope Valley area is growing at 2.65% and Los Angeles County at 1.37%. Between 1980 - 1990 population growth in California City was 121.17%, where the 2000 Census count is 10,296. U.S. Post Office estimated 1998 population in zip code 93505 at 12,000. Using the last 20 years as a guide, California City should grow by 40% to a population of 14,414 (within a 10 mile radius from Civic Center) demanding 1000 new housing units over the next five years 23 .