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$380,000   Price Analysis
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2259 Inyo St
Mojave, CA 93501
10 bed 10 bath 4,501 SqFt ($84/SqFt)
0.35 acre lot. Built 1929
Listed 2024-04-05, Taxes $3,216
USDA Eligible
near Actis, CA
 Restrictions may apply
due to home size

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 rat 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 p ast. 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.


Presented by Desirea Mosman at
eXp Realty of California Inc.


Property MLS #24002418 from GreaterAntelope

Bedrooms: 10

Total Bathrooms: 10.00
Full Bathrooms: 10

Lot Size Acres: 0.35
Lot Size Square Feet: 15246

Number of Units: 10
Number of Studio Units: 5
Number of 1 Bedroom Units: 5

Source Listing Status: Active
County: Kern
Cross Street: 14 fwy / Inyo St
Directions: Take the 14 freeway north to Mojave. Right on Inyo St. Property is on the NE corner of K St. and Inyo St.
Source Property Type: Multi-Family
Area: 17 - Kern Co/Mojave/Cal C
Source Neighborhood: 17 - Kern Co/Mojave/Cal C
Parcel Number: 236-212-10
Zoning: multi-family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$224,000 + $46,000
$270,000
$3,216
2021$9,000 + $45,000
$54,000
$640
2020$31,859 + $19,114
$50,973
$678
2019$31,235 + $18,740
$49,975
$670
2018$30,623 + $18,373
$48,996
$681
2017$30,023 + $18,013
$48,036
$703
2016$29,435 + $17,660
$47,095
$651
2015$28,993 + $17,395
$46,388
$643
2014$28,426 + $17,055
$45,481
$632
2013$28,298 + $16,978
$45,276
$634
2012$27,744 + $16,646
$44,390
$597
2011$27,200 + $16,320
$43,520
$563
2010$52,299 + $34,399
$86,698
$1,093
2009$52,424 + $34,481
$86,905
$1,081
2007$51,397 + $33,805
$85,202
$987
2006$50,390 + $33,143
$83,533
$988

Price Changed 2024-05-12
$380,000
GreaterAntelope
Listed 2024-04-05
$400,000
GreaterAntelope
Listing removed 2024-01-02
$0
CRMLS
Listing removed 2024-01-02
$0
GreaterAntelope
Price Changed 2023-08-29
$365,000
CRMLS
Price Changed 2023-08-29
$365,000
GreaterAntelope
Listed 2023-08-17
$299,000
GreaterAntelope
Listed 2023-08-16
$299,000
CRMLS
Listing removed 2023-07-07
$0
CRMLS
Listing removed 2023-07-07
$0
GreaterAntelope
Price Changed 2023-06-28
$329,000
CRMLS
Price Changed 2023-06-28
$329,000
GreaterAntelope
Price Changed 2023-06-05
$345,000
CRMLS
Price Changed 2023-06-05
$345,000
GreaterAntelope
Price Changed 2023-05-30
$350,000
CRMLS
Price Changed 2023-05-30
$350,000
GreaterAntelope
Price Changed 2023-05-21
$378,000
CRMLS
Listed 2023-05-08
$398,000
CRMLS
Price Changed 2023-04-27
$398,000
GreaterAntelope
Listed 2023-04-24
$438,000
GreaterAntelope
Listing removed 2023-03-08
$498,000
CRISNET
Listed 2023-01-11
$498,000
CRISNET
Listing removed 2022-09-27
$448,000
CRISNET
Price Changed 2022-05-05
$448,000
CRISNET
Price Changed 2022-03-16
$495,000
CRISNET
Listed 2022-03-02
$525,000
CRISNET
Sold 2021-12-20
$270,000
CRMLS

Total Square Feet Living: 4501
Year Built: 1929
Construction Materials: Concrete, Frame, Stucco
Property Age: 95
Roof: Shingle

Electric: No Master
Gas: No Master

Mojave Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Mojave Jr./Sr. High is a public middle and high school located approximately 0.3 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.