**Investment Opportunity in Downtown Twentynine Palms**
Rare investment opportunity featuring four units situated on an oversized commercial lot of nearly 75,500 square feet in the heart of downtown Twentynine Palms. With flexible commercial zoning and exceptional lot size, this property offers endless potential for expansion, redevelopment, mixed-use concepts, or a live/work… Read More environment.
Conveniently located just minutes from Joshua Tree National Park, the Marine Corps Air Ground Combat Center Twentynine Palms, and popular local shops and restaurants, this property is ideally positioned to attract long-term tenants, military personnel, tourists, or business opportunities.
Two of the units have been fully remodeled and feature:
* New appliances
* Updated flooring
* Fresh interior paint
* New countertops
The remaining two units are occupied by long-term tenants, providing immediate rental income.
Whether you're seeking an income-producing property, redevelopment potential, or a unique commercial/residential opportunity, this versatile property delivers outstanding possibilities in one of the High Desert’s growing markets. Read Less
Property listed by Libby's Realty, Reggie McAtee 310-259-7556
Listing Snapshot
Days Online
31
Last Updated
Property Type
Quadruplex
Lot Size
0.4 Acres
Year Built
1950
MLS Number
JT26106801
Additional Details
Building
Built in 1950, 1 building, 1 storey, Levels: One, Entry level: 0, Entry location: East
Community
Hiking, Mountainous, NearNationalForest
Cooling
EvaporativeCooling
Expenses
Insurance: $250, Operating: $794, Water/Sewer: $330, Other Expense: $127
Garage
10 spaces
Income
Gross Income: $2,336, Gross ScheduledIncome: $3,130, Net Operating Income: $2,336
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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