15843 M Street, Mojave, CA 93501, Mojave, 93501 - 2 bed, 1 bath

15843 M Street, Mojave, CA 93501 home-pic-0

15843 M Street

Mojave, CA 93501

ACTIVE
CONDITION: POOR
2Beds
1Baths
968Sq Ft
11,411Lot Size

Property Price

LIST PRICE$212,500
EST. MARKET VALUE
$204,695
3% AboveMARKET VALUE

SUMMARY

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.

Estimated Market Value

$204,695
Based on Realkey algorithm analyzing recent comparable sales in Mojave.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
15843 M Street
Subject
$212,500*
List Price
21968$211-
A
15957 K St
Active
$190,000
List Price
211,026$1850.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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 The bathroom is equally outdated with an old vanity, mirror, light fixture, and worn vinyl flooring.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.

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 = 11411, living area = 968.

  • ADU Potential

    The detached garage with a possible ADU (Accessory Dwelling Unit) and loft offers significant opportunity for rental income or multi-generational living.

  • Generous Lot Size

    A substantial 11,411 sqft lot provides ample outdoor space for expansion, landscaping, or recreational activities.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    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.

  • Extensive Renovation Required

    The property is explicitly described as a 'fixer upper' that 'needs some updating,' implying significant time and financial investment for necessary renovations.

  • Advanced Age of Structure

    Built in 1930, the home is nearly a century old, suggesting potential for outdated systems (electrical, plumbing, HVAC) and unforeseen structural issues.

About 15843 M Street

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!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1930
Lot Size
11,411 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
16%
Baths1.02.0
32%
Square foot9681,240
5%
Lot Size11,41110,018.8
58%
Price$212.5K$298.0K
16%
Price per sq ft$220$220
50%
Built year19301957
5%
HOA$0$0
50%
Days on market474215
0%

Pricing History

Listed for Sale

Nov 18, 2024

$212,500

Initial Listing

Sold

Jan 4, 2018

$80,000

Public Record

Sold

Jul 23, 1999

$23,000

Public Record

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