15653 K Street, Mojave, CA 93501, Mojave, 93501 - 3 bed, 1 bath
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Mojave, CA 93501
This property presents a High-Potential Investment Opportunity with a List Price of $225,000—positioned slightly above the $203,667 Fair Market Value. While the property requires a full overhaul due to its Condition Rating of 5, the C-2 PD FPS Zoning and 7,405 sqft lot with Dual Access provide exceptional utility for commercial or residential redevelopment. The unfinished garage conversion and unpermitted bedroom offer a clear path for forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a versatile, high-visibility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15653 K Street Subject | $225,000* List Price | 3 | 1 | 1,063 | $190 | - |
A 15600 M Active | $268,500 List Price | 3 | 2 | 1,093 | $246 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 with no significant modern renovations. The kitchen features dated cabinetry and a narrow layout, while the exterior shows visible deferred maintenance including patchy brickwork and dilapidated fencing. The property includes an unfinished garage conversion and likely requires a full overhaul of systems and cosmetics to meet modern standards.
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 = 1063.
The C-2 PD FPS zoning provides exceptional flexibility, allowing the property to be utilized for residential purposes, commercial ventures, or a combination of both.
The property features a large 7,405 sqft lot with dual access from the front and a rear service lane, significantly enhancing its utility for commercial deliveries or private residential use.
The presence of a potentially unpermitted bedroom and an unfinished garage conversion may present challenges with traditional financing and require additional capital to legalize and complete.
A single bathroom for a three-bedroom residence is a functional limitation that may reduce its appeal to larger families or modern tenants without further renovation.
Rare Opportunity to own a beautiful 3 BR 1 BA single story brick façade home with a detached converted garage in a great location. Property is zoned commercial C-2 PD FPS (same zoning as the motel located at 15615 K Street that is adjacent to the property). Property features a living room,dining room, kitchen that opens out to the back yard, Breakfast nook area, 3 Bedrooms (one BR appears to be converted and may not have permits), a hallway bath, and a single car detached garage which was being converted to residential use by the previous owner but never completed, however, current owner has never used the garage space). The kitchen has dual sinks, a 5 burner stove and a refrigerator. All BRs, breakfast nook and dining area have ceiling fans. House has wood flooring. There is a large backyard that faces Starbucks with all sorts of possibilities. Large rear yard. Ideal as owner occupied or as a rental. Additional access to the rear yard from the rear service lane. The detached garage conversion to a residential unit was started by previous owner but not completed. Great location to use either for residential purposes or for commercial. Property has dual access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,063 | 1,292 | 14% |
| Lot Size | 7,405 | 9,234.8 | 21% |
| Price | $225.0K | $262.4K | 36% |
| Price per sq ft | $212 | $214 | 50% |
| Built year | 1946 | 1957 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 207 | 7% |
May 6, 2026
$225,000
Initial Listing
Sep 4, 2008
$52,000
Public Record
Feb 28, 2007
$179,000
Public Record
Feb 20, 2003
$37,000
Public Record