CnC Realty
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$650,000

16039 L

Mojave, CA 93501

Active

1944

Year Built

Kern

County

Apartment

Property Type

About this home

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.

Listed by Virginia Meza · DRE #01783201 · J & V Real Estate Group Inc.
MLS #1168552660
ListedMay 18, 2026

Property Details

Architecture

Stories1
StyleN/A
Total Units8
RoofN/A
Garage Spaces0
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingEnergy Star Qualified Equipment
HeatingEnergy Star Qualified Equipment
FireplaceNone
LaundryWasher Hookup, Gas Dryer Hookup, Inside
Parking FeaturesN/A
Parking Total0
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsOne Common Wall, No One Below

Property Features

Lot Size0.35 ac
Lot FeaturesZero To One Unit Acre
ViewNeighborhood
DirectionsEast of Sierra Highway, located between Cerro Gordo St. and Belshaw St.

Community

AreaMOJV - Mojave
School DistrictN/A

Tax & Financial

TermsConventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$3,460/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 8:00 PM

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