4,501
Sq. Ft.
0.347
Acre Lot
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.
SR24043616
Commercial - Mixed Use, Business Opportunities, 1 Story
1929
Kern
0.347
Acres
Public
1
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Courtesy: Catherine Toso, eXp Realty of California Inc
Agent Office Phone: 818-679-3696
Agent License: 01274295
Office License: 01878277
Office Phone: 888-584-9427