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Financial
Distress signals
Property profile

16039 L St Mojave, CA 93501

FOR SALE
Other apartment buildings
Property ID
US09-5289270
3,863 SF 0.35 ac lot Built 1944
Last sale Mar 2023 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an eight-unit residential income building located in Mojave, California, near Mojave Air & Space Port, Highway 14, and public transportation. The units are largely arranged so that most do not share common walls. The lot area is approximately 0.35 acres, and the building encompasses about 3,863 square feet. Several units are configured with in-unit laundry hookups, and at least two units have documented interior improvements, including updated kitchens and bathrooms, with one…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$306k
Assessed land$92k
Assessed improvement$214k
Effective rate1.49%

Value estimate

· Oct 2026
$560k
$504k – $616k
AI approach$535k
CAP approach$685k
Submarket $/SF estimate$433k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$3k
Operating expenses−$36k
NOI · 6.85% cap applied$45k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 739 recorded sales of this use type
Observed band · Q1–Q3$104 – $201

Cap rate analysis

How does the asset earn?
6.85%
$45k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-3 PD H F
JurisdictionKERN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.3
Dental Office9.7
Electrical Service9.2

Location

16039 L St Mojave, CA 93501
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15628 K, Mojave, CA 93501-1802 $789,000 May 2025 4,245 SF
2101 Belshaw, Mojave, CA 93501-1676 $605,000 May 2023 5,906 SF
15661 M, Mojave, CA 93501-1833 $450,000 May 2022 3,800 SF
16026 K, Mojave, CA 93501-2001 $765,000 Mar 2022 5,824 SF
2225 Panamint St, Mojave, CA 93501-1776 $300,000 Nov 2021 5,393 SF
15641 K, Mojave, CA 93501-1861 $440,000 Dec 2020 3,790 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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