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$ 650,000
Est. payment | /mo
3,863 SqFt
$ 650,000
Est. payment | /mo
3,863 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,863 sqft
Price per Sqft $168
MLS Listing ID 26004021
Year Built 1944
Lot Size 0.350 Acres
Acres 0.35
Source Greater Antelope Valley Association of REALTORS®
Land Area 3863
Property Description
Investment Opportunity in Mojave, CA Exceptional opportunity to own an 8-unit residential income property in the growing community of Mojave, California, offered at $650,000. Conveniently located near the Mojave Air & Space Port, Highway 14, and public transportation, this property offers strong upside potential for both investors and owner-operators. This unique multi-unit property features a desirable layout where most units do not share common walls, providing added privacy and a more desirable living experience for tenants. Two units are currently leased with excellent tenants already in place, creating immediate income while still leaving significant opportunity for future rental growth and value-add improvements. Property Highlights: 8 residential units with strong rental potential Convenient access to the 14 Freeway and public transportation Close proximity to Mojave Air & Space Port and local employers Many units offer private-style living with minimal shared walls Excellent opportunity for investors seeking long-term upside Notable Unit Features: 16039 L St - Spacious 2-bedroom unit featuring laundry hookups inside, a newer roof, and an updated kitchen and bathroom. 16049 L St Unit C - Fully renovated interior completed in 2025, including a newly remodeled kitchen and bathroom, plus in-unit laundry hookups. 16037 L St - Includes convenient in-unit laundry hookups. With strong future potential, flexible unit layouts, and continued growth in the Mojave area, this property presents an outstanding opportunity to add value and increase cash flow over time. Perfect for investors looking to capitalize on the expanding High Desert rental market.
Location
State CA
County Kern
Zoning R-3 Pd H F
Direction The property is located between Belshaw St and Cerro Gordo St.
Interior
Cooling Ductless
Exterior
Roof Type Shingle
Building
Structure Type Wood Siding
Nearby Locations
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