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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com
DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com
DRE# 01787685
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2259 Inyo Street,  Mojave CA, 93501

(Active)
$400,000
|
4,501 sqft
|
MLS# SR24043616
Last Updated: 5/18/2024 5:54 AM
Description for 2259 Inyo Street Mojave, CA 93501
Investor's Special! This property is ready for you to turn it into 10 units (city plans are awaiting approval) Each unit should rent for about $900 which shows $9000/ Month. At cap rate of 6% and 25% vacancy rate this property can be worth about 1.3M. The cost to renovate the property would be about $300K-$400K (based on two rough estimates) It has been a church in the past, and has other uses - potentially a group home? It is located just 1/2 hour from Palmdale, Edwards Airforce Base and Bakersfield! Check out Aerotech News to see some upcoming plans for Mojave! This is a great opportunity to take advantage of some great things to come! This is for a savvy investor.
Price
$400,000
Kern
4,501 (approx)
SR24043616
Active
Description
Investor's Special! This property is ready for you to turn it into 10 units (city plans are awaiting approval) Each unit should rent for about $900 which shows $9000/ Month. At cap rate of 6% and 25% vacancy rate this property can be worth about 1.3M. The cost to renovate the property would be about $300K-$400K (based on two rough estimates) It has been a church in the past, and has other uses - potentially a group home? It is located just 1/2 hour from Palmdale, Edwards Airforce Base and Bakersfield! Check out Aerotech News to see some upcoming plans for Mojave! This is a great opportunity to take advantage of some great things to come! This is for a savvy investor.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
0.35 Acres Assessor 4,501 (approx)
1929 1 Stucco
Public
Electricity Available
1 Total
Neighborhood
Room Information
None
Interior Features
None
Other, None
Exterior / Lot Features
0 Covered Parking Spaces,
Stucco
Composition, Shingle
C-2 PD H F
None
Driving Directions
14N to Aerospace for 19 Miles to Inyo Turn Rt
Financial Considerations
23621210003
Cash
None
Listing Price History

Mojave Real Estate

Mojave is located in California. Mojave, California 93501 has a population of 4,495.

The median household income in Mojave, California 93501 is $40,613. The median household income for the surrounding county is $56,488 compared to the national median of $66,222. The median age of people living in Mojave 93501 is 34 years.

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Listing Agent: Catherine Toso CalDRE: 01274295 - eXp Realty of California Inc, 818-679-3696
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 5:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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