15623 M Street, Mojave, CA 93501, Mojave, 93501 - 2 bed, 2 bath
15623 M Street
Mojave, CA 93501
Property Price
SUMMARY
Analysis of 15623 M Street, Mojave, CA 93501 reveals a property with a current list price of $195,000, which is 18% above the estimated $165,184 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mojave Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1935, this property is significantly aged and requires substantial rehabilitation to meet modern standards. While the interior shows some minor cosmetic updates such as newer laminate flooring and fresh paint, the kitchen and bathrooms remain dated with basic, older fixtures and appliances. The reliance on window AC units instead of central HVAC, combined with the listing's description of needing 'future potential imagination,' indicates that major infrastructure systems (electrical, plumbing, and structural) likely require significant repair or replacement.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 876.
- Entry-Level Affordability
Priced at $195,000, this property represents a highly accessible entry point into the California market, making it an ideal option for first-time buyers or budget-conscious investors.
- Generous Lot Size
The property sits on a substantial 7,405 square foot lot, offering significant outdoor space for gardening, recreation, or the potential addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 876, other record living area = 672. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Significant Age
Originally built in 1935, the home may require extensive updates to its core infrastructure, including electrical, plumbing, and structural components, to meet modern building codes.
- Limited Interior Square Footage
At just 876 square feet, the living space is quite compact, which may pose challenges for growing families or those requiring dedicated home office space.
About 15623 M Street
Small house for a first time buyer with a future potential imagination you can make a great place to call it home
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 876 | 1,240 | 5% |
| Lot Size | 7,405 | 9,583.2 | 32% |
| Price | $195.0K | $298.0K | 16% |
| Price per sq ft | $223 | $223 | 50% |
| Built year | 1935 | 1957 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 206 | 11% |
Pricing History
Listed for Sale
Jan 12, 2026
$195,000
Initial Listing
Sold
Feb 10, 2022
$190,000
Public Record
Sold
Jan 31, 2020
$80,000
Public Record
Sold
Jul 18, 2007
$70,000
Public Record