Mojave CA Multi Family for Sale
$335,000
2259 Inyo Street Mojave, CA 93501
- Type:
- Mixed Use
- Sq.Ft.:
- 5,100
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.35 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- SR24197820
ADDITIONAL INFORMATION
over 5,000 sqft building on a 15,000 sqft lot with huge potential, zoned C-2, can be used for numerous commercial and/or residential uses, the property needs lots of TLC, this is not ground up construction, use the existing building, the property will require a complete remodeling. current owner received Kern County planning commission CUP approval to convert into a 10-unit apartment building consist of 5 studios and 5 one-bedroom units, all electric units with separate meters, no additions or major building alterations required, using the existing structure and available parking. Currently plans are in approval process with building and safety, rents in the area increased by a lot in recent years, proforma shows between $100-$130k in gross annual rents. And with a low expense ratio, the cap rate is estimated to be between 8-12% once completed. With the new space port being developed in Mojave, alternative energy developments and Edwards Air Force base increasing activities, the rents in the area are in high demand. Mojave is just 45 minutes from Bakersfield and 30 minutes from Lancaster. The building is secure and being guarded, seller may carry for qualified buyers, contact broker for more information and showing.
$299,999
2059 Shasta Street Mojave, CA 93501
- Type:
- Duplex
- Sq.Ft.:
- 1,769
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- DW24194764
ADDITIONAL INFORMATION
Charming 2-unit duplex in Kern County offering an excellent investment opportunity at a competitive price! Rent one unit and live in the other!. Each unit features practical layouts, modern amenities, ample living space, and a bonus room. Conveniently located, this property promises both comfortable living and potential rental income. Don't miss out on this affordable investment in a promising real estate market.
$319,000
3439 Arthur Avenue Mojave, CA 93501
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.13 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- CRSR24176804
View additional info
Courtesy: HomeBased Realty
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY IN MOJAVE Looking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio. Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area. With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.
- Type:
- Duplex
- Sq.Ft.:
- 1,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- SR24176804
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY IN MOJAVE Looking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio. Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area. With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.
$319,000
Arthur Avenue Mojave, CA 93501
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.13 Acres
- Year built:
- 1957
- Baths:
- 2.00
- MLS#:
- 24006392
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY IN MOJAVELooking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio.Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area.With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.
$850,000
15628 K Street Mojave, CA 93501
- Type:
- Apartment
- Sq.Ft.:
- 4,245
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- WS24094318
ADDITIONAL INFORMATION
Great Investment opportunity!! Seller is very motivated. This offering is for a 9-Units multifamily investment opportunity located in Mojave City. Two separate buildings on the huge lot of 11,261 sqft and a total living space of 4,245 sqft. This property features (4 units 1 bed/1bath)+(4 units studios style)+(1 unit with 2 beds/1bath). This is a premier multi-units investment; with its incredible location and placement within a thriving market, the property presents investors with a worthy endeavor with significant upside. The property has undergone extensive renovations with new electrical and panels, new tankless water heater, new laminate wood flooring, and fresh interior paint providing the new owners with an investment requiring minimal upgrades in the coming years. This is a fantastic income opportunity. A MUST SEE!!!
Mojave Real Estate
The median home value in Mojave, CA is $312,500. This is higher than the county median home value of $223,800. The national median home value is $219,700. The average price of homes sold in Mojave, CA is $312,500. Approximately 29.89% of Mojave homes are owned, compared to 55.09% rented, while 15.02% are vacant. Mojave real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mojave real estate agent to arrange a tour today!
Mojave, California has a population of 4,222. Mojave is less family-centric than the surrounding county with 18.1% of the households containing married families with children. The county average for households married with children is 36.46%.
The median household income in Mojave, California is $31,111. The median household income for the surrounding county is $50,826 compared to the national median of $57,652. The median age of people living in Mojave is 33.2 years.
Mojave Weather
The average high temperature in July is 96.4 degrees, with an average low temperature in January of 33.5 degrees. The average rainfall is approximately 11.6 inches per year, with 1.1 inches of snow per year.