2259 Inyo Street
Mojave,
CA
93501
Property Details
List Price: |
$400,000 |
Beds: |
10 |
Baths: |
10 |
Status: |
Active |
SqFt: |
4501 |
Agency: |
eXp Realty of California, Inc. |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1929 |
Notes: |
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. |
MlsNumber: |
24002418 |
Estimate Your Monthly Payment
Listing Provided By: |
eXp Realty of California, Inc., original listing |
Name: |
eXp Realty of California, Inc. |
Phone: |
(888) 584-9427 xx119 |
Office Name: |
eXp Realty of California, Inc. |
Office Phone: |
(888) 832-7179 |
Agent Name: |
Desirea Mosman |
Disclaimer: |
Copyright © 2024 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |