Jeremiah Moersch REALTOR®
Office: 760-533-2540
2259 Inyo Street, Mojave
$400,000
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0 Bed
0 Bath
.35 Acre
0 Garage
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.
Essential Information
- MLS® #
- SR24043616
- Price
- $400,000
- Bathrooms
- 0.00
- Acres
- 0.35
- Year Built
- 1929
- Type
- Commercial Sale
- Sub-Type
- Mixed Use
- Status
- Active
Community Information
- Address
- 2259 Inyo Street
- Area
- MOJV - Mojave
- City
- Mojave
- County
- Kern
- Zip Code
- 93501
- Senior Community
- N
Amenities
- Utilities
- Electricity Available
Interior
- Heating
- None
- Cooling
- None
- # of Stories
- 1
Exterior
- Exterior
- Stucco
- Roof
- Composition, Shingle
- Construction
- Stucco
Additional Information
- Date Listed
- March 2nd, 2024
- Days on Market
- 73
- Zoning
- C-2 PD H F
Listing Details
- Agent
- Catherine Toso
- Office
- eXp Realty of California Inc
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 2:10am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.