tomo logo

$319,000

Beds
4
Baths
2.0
sq ft
1,300

3439 Arthur Ave, Mojave, CA 93501

3439 Arthur Ave

Mojave, CA 93501

  • 29 days on market
INVESTMENT OPPORTUNITY IN MOJAVE Looking for an affordable investment that practically manages itself? This fully rented, remodeled duplex in Mojave is perfect for first-time investors or those looking to expand their portfolio. Both units are currently under a one-year lease, generating a solid monthly profit of approximately $1,305. Unit One features 2 bedrooms and 1 bath, with recent updates, including a newer stove. Unit Two is also a 2+1, with a remodel completed in 2020. The front unit offers front yard access and a spacious side yard, with convenient driveway parking. Meanwhile, the rear unit enjoys the privacy of alley access and its own parking area. With a reliable income stream from day one and minimal upkeep required, this property offers a straightforward entry into the world of real estate investment. Whether you're just starting your portfolio or adding to an existing one, this duplex combines affordability with profitability, making it a smart choice for any investor. Don't miss this chance to secure a property that delivers consistent returns.

Details

Property type

Single Family Residence

Est. home value

$262,760

Lot size

5,810 sq ft

Price per sq ft

$246

Year built

1957

Price History

10/17/2024
CRMLS

CRMLS #SR24215636

Listed
$319,000
+13.93%
08/04/2021
Antelope

Antelope #21003929

Sold
$280,000
+229.41%
02/15/2019
Antelope

Antelope #18011345

Sold
$85,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Mojave Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$196,456
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$97,024
Cash to seller
$196,456

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

February 2019

Original loan amount

$108,000

Est. remaining balance

$97,024

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Tobias Semerenko and Lorena Semerenko

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 10:35 PM

Listing updated: 10/18/2024 at 6:35 AM

Listed by: Ann Trussell, HomeBased Realty Phone #: (800) 568-8922

MLS: CRMLS #SR24215636

CRMLS logo

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