Welcome to 3442 Oak Creek Rd in Mojave, a unique triplex fixer-upper brimming with potential. This spacious 6-bedroom, 6-bathroom home boasts a generous 2,832 square feet of living space, offering endless opportunities to create your dream residence. The interior has been freshly painted, setting the stage for your personal touches. Ready for flooring and cabinets to be installed, this property offers a blank canvas for customization. As an added bonus, windows will come with the sale, providing a head start on completing the renovation. Situated on a sizable lot, this home is ideal for those with a vision to bring it to its full potential. Whether you're an investor or a buyer looking for a rewarding project, 3442 Oak Creek Rd is sold *as-is* and awaits your creative touch. Don't miss this rare opportunity to own a property with so much promise in Mojave!
over 5,000 sqft building on a 15,000 sqft lot with huge potential, zoned C-2, can be used for numerous commercial and/or residential uses, the property needs lots of TLC, this is not ground up construction, use the existing building, the property will require a complete remodeling. current owner received Kern County planning commission CUP approval to convert into a 10-unit apartment building consist of 5 studios and 5 one-bedroom units, all electric units with separate meters, no additions or major building alterations required, using the existing structure and available parking. Currently plans are in approval process with building and safety, rents in the area increased by a lot in recent years, proforma shows between $100-$130k in gross annual rents. And with a low expense ratio, the cap rate is estimated to be between 8-12% once completed. With the new space port being developed in Mojave, alternative energy developments and Edwards Air Force base increasing activities, the rents in the area are in high demand. Mojave is just 45 minutes from Bakersfield and 30 minutes from Lancaster. The building is secure and being guarded, seller may carry for qualified buyers, contact broker for more information and showing.
Courtesy: HomeBased Realty
INVESTMENT OPPORTUNITY IN MOJAVE Looking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio. Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area. With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.
INVESTMENT OPPORTUNITY IN MOJAVELooking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio.Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area.With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.
Great Investment opportunity!! Seller is very motivated. This offering is for a 9-Units multifamily investment opportunity located in Mojave City. Two separate buildings on the huge lot of 11,261 sqft and a total living space of 4,245 sqft. This property features (4 units 1 bed/1bath)+(4 units studios style)+(1 unit with 2 beds/1bath). This is a premier multi-units investment; with its incredible location and placement within a thriving market, the property presents investors with a worthy endeavor with significant upside. The property has undergone extensive renovations with new electrical and panels, new tankless water heater, new laminate wood flooring, and fresh interior paint providing the new owners with an investment requiring minimal upgrades in the coming years. This is a fantastic income opportunity. A MUST SEE!!!
Mojave is located in California. Mojave, California has a population of 3,620. Mojave is less family-centric than the surrounding county with 23.08% of the households containing married families with children. The county average for households married with children is 36.03%.
The median household income in Mojave, California is $44,757. The median household income for the surrounding county is $58,824 compared to the national median of $69,021. The median age of people living in Mojave is 36.9 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 7 inches per year, with 1.1 inches of snow per year.
