Two-Unit
For Sale
$330,000
15647 N Street Aly, Mojave, CA 93501
The leased rear residence provides rental income alongside an updated front home with a two-bedroom layout.
Property Size1,516 SF
Price / SF$217.68
Days on Market13
Property Features for 15647 N Street Aly
General Information
Standard status
Active
Size
1,516 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Listing Agency:
ROA California Inc.
(619) 717-6237
Listed By:
Christopher M. Choate
(661) 444-8156
Source:
Exprealty
Added: Oct 5
Changed: Oct 16
Last Checked: Oct 16 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROA California Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences. The front unit has two bedrooms and one bathroom, with wood-look vinyl plank flooring and a spacious floor plan. Its kitchen is appointed with white cabinetry, granite countertops, a gas range, open shelving, and recessed lighting. The bathroom includes a tiled walk-in shower with a glass sliding door, decorative accent tile, and dual-entry access. A separate storage room adds space beyond the main living areas.
The rear unit has three bedrooms and one bathroom and is currently rented. Both residences have received updates over the last few years, with the front unit specifically described as updated.
The rear unit has three bedrooms and one bathroom and is currently rented. Both residences have received updates over the last few years, with the front unit specifically described as updated.
Key Highlights
- Front unit: 2 bedrooms and 1 bathroom
- Rented rear unit: 3 bedrooms and 1 bathroom
- Front kitchen has granite countertops, white cabinetry, gas range, open shelving, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,923
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,460
$378.5K
Cap Rate 7%
$270,329
$270.3K
Cap Rate 9%
$210,256
$210.3K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$27.8K $18.36/SF
− Vacancy
−$802 −$0.53/SF
EGI
$27.0K $17.83/SF
− OpEx
−$8.1K −$5.35/SF
NOI
$18.9K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,460
Cap Rate 7%
$270,329
Cap Rate 9%
$210,256
Alternative Uses
Best Use
Multifamily LT 5
$270.3K
$236.5K – $315.4K
NOI $18,923 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$249.5K
$218.3K – $291.1K
NOI $17,464 @ 7.0% cap · market cap 5.29%
Theoretical Best
Warehouse
$323.9K
$283.4K – $377.8K
NOI $22,670 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 93501, CA
5,772
Population
2,416
Households
2.4
Avg Household Size
35
Median Age
7%
College-Educated
74%
High-School Grad
222.0 sq mi
ZIP Area
26
Density / Sq Mi
$55,372
Median Household Income
$37,500
Median Earnings
$1,175
Median Rent
$183,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The leased rear residence provides rental income alongside an updated front home with a two-bedroom layout.
Where is this duplex located?
The property is located at 15647 N Street Aly Mojave, CA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Front unit: 2 bedrooms and 1 bathroom; Rented rear unit: 3 bedrooms and 1 bathroom; Front kitchen has granite countertops, white cabinetry, gas range, open shelving, and recessed lighting
