
Mojave, CA 93501
Analysis of 15843 M Street, Mojave, CA 93501 reveals a property with a current list price of $212,500, which is 3% above the estimated $204,695 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15843 M Street Subject | $212,500* List Price | 2 | 1 | 968 | $211 | - |
A 15957 K St Active | $190,000 List Price | 2 | 1 | 1,026 | $185 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This property, built in 1930, is explicitly described as a 'fixer upper' that 'needs some updating,' which is strongly supported by the visual evidence. The kitchen features very old wood cabinets, worn laminate countertops, dated appliances (except possibly the range), wood paneling, and acoustic ceiling tiles, indicating a complete renovation is needed. The bathroom is equally outdated with an old vanity, mirror, light fixture, and worn vinyl flooring. Throughout the house, there are signs of significant deferred maintenance, including worn carpets, dated wood paneling, and old light fixtures. The detached garage/ADU space appears unfinished and requires substantial work. Given its age and the extensive level of renovation required for both aesthetics and major systems (electrical, plumbing, HVAC, which are likely original or very old), the property falls squarely into the 'poor' condition category, requiring substantial repairs and rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11411, living area = 968.
The detached garage with a possible ADU (Accessory Dwelling Unit) and loft offers significant opportunity for rental income or multi-generational living.
A substantial 11,411 sqft lot provides ample outdoor space for expansion, landscaping, or recreational activities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11411, other record lot size in square feet = 11325.
The property is explicitly described as a 'fixer upper' that 'needs some updating,' implying significant time and financial investment for necessary renovations.
Built in 1930, the home is nearly a century old, suggesting potential for outdated systems (electrical, plumbing, HVAC) and unforeseen structural issues.
Great fixer upper that has detached garage with possible ADU with loft, needs some updating great starter home or investment, completely fenced. Easy to showPrice reduction!!!! Make an offer!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 968 | 1,240 | 5% |
| Lot Size | 11,411 | 9,322 | 63% |
| Price | $212.5K | $245.0K | 32% |
| Price per sq ft | $220 | $210 | 58% |
| Built year | 1930 | 1957 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 520 | 201 | 0% |
Nov 18, 2024
$212,500
Initial Listing
Jan 4, 2018
$80,000
Public Record
Jul 23, 1999
$23,000
Public Record