$650,000
 $3,489 est/mo Sourced by Back At You

16039 L Street,Mojave, CA 93501

Mojave, CA 93501

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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.

Details

MLS #26004021
Listing TypeFor Sale
Sub-TypeResale
Year1944
Days On Site97
Listing Provided ByJ&V Real Estate Group Inc. | Virginia Meza

Features

SQ Feet3,863
Units8
Acreage0.35

Interior

CoolingDuctless
Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsWood Siding

Area Information

StateCA
CountyKern
CityMojave
Zip Code93501
AreaKern
Listing VS Median (in 93501)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
sqft:
3,863
low | high
Med:
3,863
50% of Average
$ / sqft:
$168
low | high
Med:
$168
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You

Market Activity 93501

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyKern
CityMojave
Zip Code93501
AreaKern
Listing VS Median (in 93501)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
sqft:
3,863
low | high
Med:
3,863
50% of Average
$ / sqft:
$168
low | high
Med:
$168
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
16039 L Property Photo 1
$650,000
16039 L
Mojave, CA 93501
Listing Updated: May 20, 2026 at 2:37:26 PM PDT