3138 Gregory Drive, Mojave, CA 93501, Mojave, 93501 - 4 bed, 2 bath
3138 Gregory Drive
Mojave, CA 93501
Property Price
SUMMARY
Analysis of 3138 Gregory Drive, Mojave, CA 93501 reveals a Prime Investment Opportunity with a current list price of $229,900—significantly undercutting the $248,862 Fair Market Value by 7%. This valuation gap indicates a +$18,962 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3138 Gregory Drive Subject | $229,900* List Price | 4 | 2 | 1,134 | $219 | - |
A 3358 Martin Avenue Sold | $237,500 | 3 | 1 | 1,004 | $237 | 0.2 mi |
B 15872 Rexroth Street Active | $274,000 List Price | 3 | 2 | 1,134 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic updates. The kitchen features modern white shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior boasts updated laminate or luxury vinyl plank flooring throughout, fresh neutral paint, and updated ceiling fans. While the home was built in 1957, the visible interior components have been renovated within the last 5 to 10 years, and the bathrooms feature updated vanities and fixtures, placing it firmly in the 'good' category despite its age.
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 = 7405, living area = 1134.
- Exceptional Value
Priced competitively at $229,900 for a four-bedroom residence, this property represents a highly accessible entry point for first-time buyers and investors seeking affordable homeownership.
- Generous Lot Potential
The expansive 7,405-square-foot lot offers significant outdoor space for future customization, ADU potential, or recreational use, providing a level of versatility rarely found at this price point.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Constructed in 1957, the home may require capital improvements or updates to aging systems such as electrical, plumbing, or insulation to meet modern efficiency standards.
- Compact Living Quarters
With four bedrooms distributed across 1,134 square feet, the individual room sizes and common living areas are relatively small, which may feel restrictive for buyers prioritizing spacious interiors.
About 3138 Gregory Drive
Beautifully maintained home located in a quiet residential neighborhood of Mojave. This property features a spacious floor plan with abundant natural light, a functional kitchen with ample cabinetry and counter space, and comfortable living areas perfect for both relaxing and entertaining. The generously sized bedrooms offer plenty of storage, while the primary suite provides privacy and convenience. Situated on a large lot with endless potential, the backyard is ideal for outdoor enjoyment, gatherings, or future customization. Conveniently located near local schools, shopping, dining, and with easy access to major highways for commuters. A great opportunity for first-time buyers, investors, or anyone looking for affordable homeownership in a growing community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 84% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 1,240 | 21% |
| Lot Size | 7,405.2 | 9,583.2 | 32% |
| Price | $229.9K | $298.0K | 16% |
| Price per sq ft | $203 | $210 | 42% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 206 | 5% |
Pricing History
Listed for Sale
Feb 19, 2026
$229,900
Initial Listing