Home For Sale In Mojave, California

house for sale

Listed: 04/08/24

Hope Lutheran Church, Inyo Street, Mojave, Kern County, CA 93501, USA

10 Bed:

10 Bath:

4,501 Sq Ft Living Area:

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Price

$ 400,000

Show 6 more

About This House

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.

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Original listing

Mojave Housing & Living

Household Income

Median household income: $31,111

Number of households: 1,612

The average household income in Mojave, CA declined from $34,280 to $31,111 in the past year. This data is an estimate based upon 1,612 households in Mojave, CA.
The chart below presents how household income is distributed in Mojave, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mojave, CA compared to median property taxes around the country. The prevalent amount of property taxes in Mojave, CA equals <$800 , which is more than the national average.