15957 K Street, Mojave, CA 93501, Mojave, 93501 - 2 bed, 1 bath
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Mojave, CA 93501
This Value-Add Residential Asset is listed at $160,000, offering a low-capital entry point for those targeting the Mojave area. Positioned near its $145,837 Fair Market Value, the property’s primary appeal is its significant renovation upside, reflected in its Condition Rating of 5. Built in 1914, the structure requires comprehensive updates to major systems but sits on a generous 8,276-square-foot lot with ADU potential. This is a high-utility acquisition for Fix-and-Flip Investors or Contractors ready to execute a full-scale modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15957 K Street Subject | $160,000* List Price | 2 | 1 | 1,026 | $142 | - |
A 2000 Shasta Street Sold | $185,000 | 3 | 2 | 1,384 | $134 | 0.4 mi |
B 2000 Shasta Street Sold | $185,000 | 3 | 2 | 1,384 | $134 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914, this property is over 110 years old and is marketed as an 'investor opportunity,' which typically indicates a need for significant rehabilitation. The exterior shows an aged structure with likely outdated major systems (plumbing, electrical, and insulation) as noted in the property analysis. The lack of interior images and multiple price reductions further suggest the condition requires substantial repairs and modernization to be competitive or fully functional by current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1026.
Priced at $160,000, this property offers a highly accessible entry point for first-time homebuyers or investors seeking a low-capital acquisition in the Mojave area.
The property features a spacious 8,276-square-foot lot, providing significant outdoor space for potential expansion, gardening, or the addition of an accessory dwelling unit (ADU).
Built in 1914, the home is over a century old and likely requires updates to major systems such as plumbing, electrical, and insulation to meet modern standards.
The listing has seen multiple price reductions from its original $180,000 ask, which may suggest a need for further negotiation or indicate a slower market response to the property's current condition.
Don't miss this affordable 2-bedroom, 1-bath home in the heart of Mojave, CA. Conveniently located near local amenities, this property is a great opportunity for first time buyers or investors!
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 | 1,026 | 1,240 | 16% |
| Lot Size | 8,276.4 | 9,147.6 | 47% |
| Price | $160.0K | $245.0K | 11% |
| Price per sq ft | $156 | $207 | 32% |
| Built year | 1914 | 1957 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 201 | 5% |
Mar 22, 2026
$160,000
$175,000
-9% Price Drop
Initial Listing
Mar 18, 2026
$175,000
$180,000
-3% Price Drop
Initial Listing
Mar 2, 2026
$180,000
Initial Listing
Oct 6, 2003
$37,500
Public Record
Oct 7, 1996
$45,000
Public Record