2259 Inyo Street, Mojave, CA 93501 | MLS 24002418 | Listing Information | Berkshire Hathaway HomeServices Troth, REALTORS® & Associate | Berkshire Hathaway HomeServices Troth, REALTORS®
FOR SALE
$380,000  

2259 Inyo Street
Mojave, CA 93501

Multi-Family
Residential
10
Beds
10
Baths
4,501
Sq. Ft.
0.35
Acres Lot
Courtesy: eXp Realty of California, Inc.

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 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.

Property Details

24002418
Multi-Family, Other
10
Kern
10
1929
0.35 Acres
Frame,Stucco
4,501 Sq. Ft.
Bathrooms
Total:10
Interior Features
Heating
Other. None.
Exterior / Lot Features
Exterior
Stucco, Frame
Zoning
multi-family
Financial Considerations
236-212-10

Market Trends

Courtesy: eXp Realty of California, Inc.
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