3439-41 Arthur AveMojave, CA 93501

Property Details for 3439-41 Arthur Ave

Year built

1957

Lot size

0.13 AC

Property size (Sq ft)

1,300 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a fully rented, two-unit apartment building located at 3439-41 Arthur Avenue in Mojave, California. Built in 1957 and extensively renovated in 2020, this property boasts 1,300 square feet situated on a 0.13-acre lot (5,663 square feet). The asking price is $319,000, translating to $159,500 per unit and $245.38 per square foot. Each unit offers two bedrooms and one bathroom, providing comfortable living spaces for tenants. The property is zoned R2-Pd. Unit one features a newer stove and front yard access with driveway parking, while unit two benefits from alley access and its own parking area. Both units are currently under one-year leases, generating a substantial monthly income of approximately $1,305. This turnkey investment requires minimal upkeep, making it ideal for first-time investors or those seeking to expand their portfolio. The property's strong rental income and low maintenance requirements offer a straightforward path to consistent returns, making it a compelling opportunity in the Mojave real estate market. The Kern County location, with APN 427-181-11, and 93501 zip code, ensures easy access to local amenities and services. This property represents a rare blend of affordability and profitability, promising a secure and rewarding investment.

Location Insight

City

Mojave

County

Kern

State

California

Latitude

35.053

Longitude

-118.194

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