
Mojave, CA 93501
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $248,612 Fair Market Value (priced at market). While the home carries a Condition Rating of 5, the 8,022 sq. ft. lot provides significant ADU Potential for future rental income. This asset requires a full renovation, making it a strategic project for those seeking to force appreciation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors looking to capture value through sweat equity.
Property is extensive renovation needed.
Built in 1958 and over 65 years old without recent updates, the property is explicitly marketed as a fixer-upper requiring a full remodel. Interior photos show significant flooring damage and dated finishes, indicating a need for a complete rehab of systems and living spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8022, living area = 1033.
The generous 8,022 sq. ft. lot provides ample space for an Accessory Dwelling Unit (ADU), offering a clear path to increased property value or future rental income.
Priced at $250,000—notably lower than its 2023 sale price of $305,000—this property offers substantial sweat equity potential for investors or contractors looking to flip or hold.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8022, other record lot size in square feet = 7840.
The property is a full fixer-upper being sold in 'as-is' condition, requiring a complete remodel and significant upfront capital investment before it is habitable.
Built in 1958, the home likely requires comprehensive updates to major systems such as plumbing, electrical, and roofing to meet modern building codes and buyer expectations.
Unlock the potential of this value-add opportunity in the heart of Mojave! Situated on an approximately 8,022 sq. ft. lot, this 3-bedroom, 2-bath home offers 1,033 sq. ft. of living space and is ready for a complete renovation. Whether you're an investor, contractor, or buyer looking to create your dream home, this property is a blank canvas with endless possibilities. The home requires a full remodel and is being sold in its current condition, making it an ideal project for those seeking sweat equity or their next investment. The generous lot provides excellent ADU potential (buyer to verify with local agencies), creating the opportunity for additional living space or future rental income. Conveniently located with easy access to local amenities, schools, and Highway 14, this property offers both value and upside. Bring your vision and transform this fixer into something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,033 | 1,383.143 |
| Lot Size | 8,022 | 7,651.143 |
| Price | $200.0K | $268.3K |
| Price per sq ft | $194 | $195 |
| Built year | 1958 | 1970 |
| HOA | $0 | $0 |
| Days on market | 49 | 70 |
Aug 28, 2026
$199,999
$250,000
-20% Price Drop
Initial Listing
Jul 22, 2026
$250,000
Initial Listing
Oct 23, 2023
$305,000
Public Record
Sep 23, 2022
$255,000
Public Record
Oct 13, 2021
$177,000
Public Record
Feb 7, 2018
$100,000
Public Record
Dec 10, 2010
$37,000
Public Record
Aug 10, 2004
$105,000
Public Record
Aug 13, 1999
$55,000
Public Record