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About This Home
This 0-bedroom, 0-bathroom residential multi family at 16039 L Street in Mojave, CA is listed for $650,000 ($168 per sqft). Built in 1944, the home offers 3,863 sqft of living space on a 0.35 acres lot.
Investment Opportunity in Mojave, CA Exceptional opportunity to own an 8-unit residential income property in the growing community of Mojave, California, offered at $650,000. Conveniently located near the Mojave Air & Space Port, Highway 14, and public transportation, this property offers strong upside potential for both investors and owner-operators.
This unique multi-unit property features a desirable layout where most units do not share common walls, providing added privacy and a more desirable living experience for tenants. Two units are currently leased with excellent tenants already in place, creating immediate income while still leaving significant opportunity for future rental growth and value-add improvements.
Property Highlights: 8 residential units with strong rental potential Convenient access to the 14 Freeway and public transportation Close proximity to Mojave Air & Space Port and local employers Many units offer private-style living with minimal shared walls Excellent opportunity for investors seeking long-term upside Notable Unit Features: 16039 L
St - Spacious 2-bedroom unit featuring laundry hookups inside, a newer roof, and an updated kitchen and bathroom. 16049 L St Unit C - Fully renovated interior completed in 2025, including a newly remodeled kitchen and bathroom, plus in-unit laundry hookups.
16037 L St - Includes convenient in-unit laundry hookups. With strong future potential, flexible unit layouts, and continued growth in the Mojave area, this property presents an outstanding opportunity to add value and increase cash flow over time. Perfect for investors looking to capitalize on the expanding High Desert rental market.
Key Features
- Built in 1944
- 0.35 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16039 L Street
Mojave, CA 93501
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 16039 L Street is listed at $650,000 ($168/sqft). The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.
Key features include: Built in 1944, 0.35 acre lot.
This property is listed by Virginia Meza and can be reached at 8185224481 or mezavikki@gmail.com.



