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2259 INYO ST MOJAVE, CA 93501
- Commercial / Resale (MLS)
Property Details for 2259 INYO ST, MOJAVE, CA 93501
Features
- Price/sqft: $88
- Lot Size: 15114
- Total Units: 1
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
- Stories: 1000
- Heating: Floor/Wall
- Construction Type: Frame
Facts
- Year Built: 01/01/1929
- Property ID: 864287044
- MLS Number: SR24043616
- Parcel Number: 236-212-10-00-3
- Property Type: Commercial
- County: KERN
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Property Brokerage:
eXp Realty of California, Inc.
2603 Camino Ramon Suite 200
San Ramon
CA
94583
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.