2259 Inyo Street Mojave, CA ^$ 400,000

2259 Inyo Street

^$ 400,000

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2259 Inyo Street

Mojave, CA, 93501

^$ 400,000

Bedrooms10 Baths10.0 Sq 4,501

Monthly Estimate*

^$ 2,794

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Multi-Family Home for sale in Mojave, CA

for $400,000 with 10 bedrooms and 10 full baths. This 4,501 square foot home was built in 1929 on a lot size of 0.35.

Investor's Special! This property is ready for you to turn it into 10 units (city plans are in the works). Each unit should rent for about $900 which show $9,000/month. At cap rate of 6% and 25% vacancy rate. This property can be worth about 1.3M. The estimated cost of renovation is between $300K-$400K. It has been a church, motel and apartment complex in the past. Potentially a group home. Mojave is 30 minutes from Palmdale and EAFB. Check out Aerotech News to see upcoming plans for Mojave! This opportunity is for the savvy investor.

Multi-Family Active

Price

^$ 400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.35

Year Built

1929

Town/City

Mojave

County/Region

Kern

MLS | Web ID

24002418

Features

General

Construction Concrete Frame Stucco

Roof Shingle

Zoning multi-family

Interior

Cooling None

* Excluded Features

List By

Desirea Mosman

Listing Agent

Exp Realty Of California, Inc.

Broker

desirea.mosman@gmail.com

Affordability Calculator

$2,794

Per Month

Monthly Principal & Interest: $2,794
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Mojave, CA

Average List Price ^$374,249

Percent of Sale Price 6%

About Mojave, CA

4,543 Population

20% Since 2002

^$33,085 Median Income

33.04 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2189091 Elementary School

2189092 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/5/2024	$400,000		Listed Price

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2259 Inyo Street, Mojave, CA, 93501 is a Multi-Family Home for sale at $400,000 with 4,501 sqft and a lot size of 0.35. 2259 Inyo Street has 10 bedrooms, 10.0 baths, and was built in 1929. The property's zip code is 93501 which is in Mojave, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Antelope Valley Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Antelope Valley Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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2259 Inyo Street

Multi-Family Home for sale in Mojave, CA

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