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Listed by Cindy Mark • Cindy Mark Realty
$ 2,225,000
Est. payment /mo
New
73796 Cactus Avenue 29 Palms, CA 92277
12,480 SqFt
UPDATED:
11/23/2024 04:23 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,480 sqft
Price per Sqft $178
MLS Listing ID JT-24076098
Style Ranch
Year Built 1984
Lot Size 0.344 Acres
Property Description
GREAT INVESTMENT OPPURTUNITY! 15 Units on Individual Parcels: The property consists of 15 units, each with 2,496 square feet of living space. These units are on separate parcels, offering flexibility for future sales, as they could be sold individually when the time comes. Located downtown Twentynine Palms, with walking distance to shopping, dining, and the New Freedom Plaza. Close to Tortoise Rock Casino and the MBTA Bus Station across the street. Only 5 minutes from the military base, a prime location for military personnel. The area is described as "up-and-coming," with new development happening regularly, making it a potentially high-return investment as the market grows. Twentynine Palms is becoming more popular, with comparisons to the growing popularity of Joshua Tree. The Saturday morning Farmers Market at Freedom Plaza is a highlight and draws in locals and visitors alike. Mountain views from the property add to its appeal. The units are described as 2-bedroom, 1-bath, and they are likely well-suited for renters or potential buyers looking for a cozy, manageable space. The fact that five units are on separate parcel numbers offers investors a unique selling point, as these can be sold individually later, allowing for flexibility in how the investment is managed. Why Twentynine Palms? The town is in a phase of growth and development, becoming a destination for those looking for more affordable real estate while still being close to attractions like Joshua Tree National Park and the Twentynine Palms Military Base. The area is centrally located, making it an attractive option for people who want easy access to shops, dining, and other amenities.
Location
State CA
County San Bernardino
Interior
Heating Wall Furnace
Cooling Evaporative Cooling
Flooring Carpet, Laminate
Fireplaces Type None, Living Room
Laundry Common Area, Outside
Exterior
Garage Concrete, Driveway
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Mountain(s), Hills
Building
Lot Description 0-1 Unit/Acre
Sewer Conventional Septic