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Map
7605 E Obsidian
About This Property
The home features a classic mid-century structure with an attached 1-car garage, fireplace, and generous living areas. Large windows bring in natural light and frame the surrounding High Desert landscape. While the property needs updating and improvements, the layout and footprint provide a strong starting point for your vision.
The 2-acre parcel offers space, flexibility, and opportunity. The seller will be clearing the lot around the house, improving visibility and accessibility. This will open up the immediate yard area and allow buyers to better envision outdoor use, parking, and future improvements.
Located in the rural community of Cantil, just outside California City and near the foothills of the High Sierra, this property offers peaceful desert living with convenient access to Neuralia Road and Highway 14. Whether you're looking for a renovation project, investment opportunity, desert getaway, or property with room to expand, this is a solid opportunity with upside potential.
Bring your tools, your contractor, and your imagination - and make this High Desert property your own!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2026 | Price Decreased |
$79,000
↓ $41K
(34.2%) | |
| Price Decreased | |||
| Mar 16, 2026 | Price Decreased |
$120,000
↓ $15K
(11.1%) | |
| Price Decreased | |||
| Feb 19, 2026 | Listed by Keller Williams Victor Valley | $135,000 | |
| Listed by Keller Williams Victor Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017