2259 Inyo Street
2259 Inyo Street
$400,000
10
10
4,501
4,501
$89
Description
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...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.
- Listed by Desirea Mosman • DRE #02079622 • eXp Realty of California, Inc.
- Listed by Cathy Toso • DRE #01274295 • eXp Realty of California, Inc.
Property Details for 2259 Inyo Street
Area
17 - Kern Co/Mojave/Cal C
Zoningmulti-family
Cross Street14 fwy / Inyo St
Location
LISTING UPDATED: 04/25/2024 12:16 AM
Property Details for 2259 Inyo Street
Status | Active |
---|---|
MLS # | 24002418 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family |
Year Built | 1929 |
Lot Size | 0.35 AC / 15,246 SF |
County | Kern County |
Location
Building Information for 2259 Inyo Street
Stories-Residences-Year Built1929Building Size-Lot Size0.35 AC / 15,246 SF
Payment Calculator
$2,461 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2259 Inyo Street
Property History for 2259 Inyo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2259 Inyo Street
Taxable ValueLand$46,920Additions$228,480Total$275,400
Tax Record2023$3,337 ($278 / month)
Home Facts
Total Finished SqFt4,501 SqFtAbove Grade Finished SqFt4,501 SqFtStories1Lot Size15,245 SqFtStyleHotel / MotelYear Built1929Year Renovated1930ZoningC-2 PD H FCountyKERNAPN236-212-10-00-3
Schools near 2259 Inyo Street
This home is within Mojave Unified.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 3 to 5 |
Rating | School | Distance |
---|---|---|
Mojave Elementary School PublicK to 5 | ||
Mojave Jr./Sr. High Public6 to 12 | ||
Hacienda Elementary School Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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