73544 Cedar Drive, 29 Palms, CA 92277
Property · 4 recorded sales since 2016
Sold April 2022
Listing Agent: Justin Schaller (DRE #01457879) · Listing Office: Lion Heart Realty · Contact: 800-994-3704 · Bought with: Shih Man · RE/MAX Premier Properties · MLS #OC22039857 · Source: CRMLS
About this property
Investor Alert! Wont last long. Updated 4 Units on a double 1/2 acre commercial lot with room to build. Don't miss this one. Offering the Amazing 4-Plex, walking distance to downtown 29 Palms and just minutes to the entrance of Joshua Tree National Park. Endless opportunity abounds, currently leased to full time stable tenants but the town is a robust tourist destination for short term rental as well. This property features (2) main buildings, (3) spacious studios, and (1) one bedroom, each with updated separated kitchen and dual entrances. A separate building is for the common area laundry. Property has all new windows and stucco, all have been updated with Split unit AC/ Heat. beautiful new kitchen countertops and sinks, High ceilings, with fans and tile kitchen and baths and door steps, to name a few. Very Large upside as-is and with room to build! Low maintenance and easy to self manage. Current rents are well below market, Also individually metered for additional upside. Enjoy current income while you build additional units. (Buyer to verify) lots 8 & 9 were merged into this one APN. 29-Palms is the new Joshua Tree, Just finished a huge $30 million dollar downtown "The Phoenix project" 2 blocks away, new drive through Starbucks, walk to the local Farmers market every Saturday or the famous local bakery with lines out the door. And a whole ton of vibrant Art, History, Music and Culture abound. Enjoy sunsets and star gazing people travel from all around the world to visit and see!
Listing description from the April 2022 sale, as reported to CRMLS.
Sale history
