6678 El Rey Avenue, 29 Palms, CA 92277

About this property

Instant positive cash flow with these well maintained and recently remodeled 2 units in 29 Palms. Each unit has 1 Bedroom & 1 Bath, Kitchen & Living Room. Both units are currently rented and include a stove, microwave and refrigerator. Wall heaters in each plus evaporative cooling systems. Conveniently located on a huge corner lot with 13,452 SqFt with paved driveway for parking. At this price you can live in one, rent out the other and have a very low cost of living or just have a very nice rental unit with positive cash flow. One unit rented to long term month-to-month tenant, the other unit on lease until summer 2016. Electric paid by tenants with separate meters for each unit.

Listing description from the December 2015 sale, as reported to CRMLS.

Sale history

$70,000

Sold December 2015 · listed $74,900, on market August 2015 · MLS #RS15193067 · Source: CRMLS

Listing Agent: Thomas Fosmire · Listing Office: Re/Max Of N O C · Contact: 714-525-0900 · Bought with: Scott St James · RE/MAX Consultants

$82,000

Sold April 2014 · listed $89,900, on market March 2014 · MLS #DC14045764 · Source: CRMLS

Listing Agent: Gigi Connell · Listing Office: Prestige Properties · Contact: 760-365-9667 · Bought with: Elena Paulino · Prestige Properties

$45,000

Sold June 2013 · listed $45,250, on market July 2012 · MLS #DC12084774 · Source: CRMLS

Listing Agent: BARBARA DUNN · Listing Office: LIBBYS REALTY · Contact: 760-367-9521 · Bought with: BARBARA DUNN · LIBBYS REALTY

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