16039 L, Mojave, CA 93501

$650,000

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List Price
$650,000
Status
ACTIVE
MLS#
SR26108389
Year Built
1944
Lot Size
15,358
Acres
0.35
Lot Location
0-1 Unit/Acre
Days on Market
72
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Investment Opportunity in Mojave, CA Exceptional opportunity to own an 8-unit residential income property in the growing community of Mojave, California, offered at $650,000. Conveniently located near the Mojave Air & Space Port, Highway 14, and public transportation, this property offers strong upside potential for both investors and owner-operators. This unique multi-unit property features a desirable layout where most units do not share common walls, providing added privacy and a more desirable living experience for tenants. Two units are currently leased with excellent tenants already in place, creating immediate income while still leaving significant opportunity for future rental growth and value-add improvements. Property Highlights: 8 residential units with strong rental potential Convenient access to the 14 Freeway and public transportation Close proximity to Mojave Air & Space Port and local employers Many units offer private-style living with minimal shared walls Excellent opportunity for investors seeking long-term upside Notable Unit Features: 16039 L St – Spacious 2-bedroom unit featuring laundry hookups inside, a newer roof, and an updated kitchen and bathroom. 16049 L St Unit C – Fully renovated interior completed in 2025, including a newly remodeled kitchen and bathroom, plus in-unit laundry hookups. 16037 L St – Includes convenient in-unit laundry hookups. With strong future potential, flexible unit layouts, and continued growth in the Mojave area, this property presents an outstanding opportunity to add value and increase cash flow over time. Perfect for investors looking to capitalize on the expanding High Desert rental market.

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
ENERGY STAR Qualified Equipment
Cooling
Yes
Cooling Description
ENERGY STAR Qualified Equipment
View
Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$8,900
Operating Expense
700

Listing courtesy of Listing Agent: Virginia Meza (mezavikki@gmail.com) from Listing Office: J & V Real Estate Group Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.