3439-41 Arthur Ave Mojave, CA 93501
- Apartment buildings
- 1,300 SF
- 0.13 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 3439-41 Arthur Ave
- Year built
- 1957
- Lot size
- 0.13 lot acres
- Property size
- 1,300 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a fully rented, two-unit apartment building located at 3439-41 Arthur Avenue in Mojave, California. Built in 1957 and extensively renovated in 2020, this property boasts 1,300 square feet situated on a 0.13-acre lot (5,663 square feet). The asking price is $319,000, translating to $159,500 per unit and $245.38 per square foot. Each unit offers two bedrooms and one bathroom, providing comfortable living spaces for tenants. The property is zoned R2-Pd. Unit one features a newer stove and front yard access with driveway parking, while unit two benefits from alley access and its own parking area. Both units are currently under one-year leases, generating a substantial monthly income of approximately $1,305. This turnkey investment requires minimal upkeep, making it ideal for first-time investors or those seeking to expand their portfolio. The property's strong rental income and low maintenance requirements offer a straightforward path to consistent returns, making it a compelling opportunity in the Mojave real estate market. The Kern County location, with APN 427-181-11, and 93501 zip code, ensures easy access to local amenities and services. This property represents a rare blend of affordability and profitability, promising a secure and rewarding investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mojave
- County
- Kern
- State
- California
- Longitude
- -118.194
- Latitude
- 35.053
