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3901 Miller Ave
About This Property
Mojave is known for its aviation and aerospace history and proximity to the Mojave Air and Space Port. The surrounding area also supports renewable-energy development, desert recreation, and access to major travel corridors. State Route 14 connects north toward California City and south toward Rosamond, Lancaster, Palmdale, and the greater Los Angeles area. Highway 58 provides connections toward Tehachapi, Bakersfield, Barstow, and Interstate 15.
To the south, Rosamond offers shopping, schools, restaurants, and access to Edwards Air Force Base, a major center for aerospace research, testing, and employment. Continue along Highway 14 to Lancaster for retail centers, medical services, dining, entertainment, schools, and Metrolink service. The location allows an owner to enjoy a rural desert atmosphere without being completely removed from conveniences in nearby communities.
The approximately 2-acre site is vacant and unimproved, providing a blank desert setting for a buyer's future plans.
Electricity, water, sewer or septic availability, well feasibility, road maintenance, legal access, flood conditions, soils, boundaries, and mineral rights have not been verified. The recorded tax deed states that the property is subject to any mineral reservations of record. Buyers should complete their investigations with Kern County, utility providers, a licensed surveyor, environmental professionals, and a title company. Drive by and experience the open landscape, broad skies, mountain backdrops, and distinctive desert character found between Mojave, Rosamond, and Lancaster.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Listed by KW Mojave | $9,000 | |
| Listed by KW Mojave | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017