$180,000
$214,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 03/25/2016
Key Details
Sold Price $180,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 15951619PS
Sold Date 03/25/16
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1947
Lot Size 0.598 Acres
Property Description
Twenty-Nine Palms has been stable when it comes to the values/cap rates for this type of investment property that is very rare on the local market; a separate SIX units that includes two 2 Bedrooms, with the balance either studio or one Bedroom in size. Several thousand Dollars have been spent recently by the current Seller in refurbishment that includes appliances, flooring, exterior finishes, paint & so much more. Currently there is full tenancy with no vacancy. The land associated with the property is a generous near three-fifths of an acre, which gives plenty of parking for your tenants. The yard and public areas have been well maintained, making it a real step-in investment for your portfolio. The tenants love the closeness to shopping with the Dollar Store and a pharmacy a block away, and it is just a little further to the rest of the shopping 29 Palms has to offer, while commuting is a breeze. Get the Dollars & sense you deserve for your Investment today with these Datura units!
Location
State CA
County San Bernardino
Area Dc725 - Smoke Tree
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Fireplace No
Appliance Water Heater
Exterior
Garage Unassigned
View Y/N Yes
View Desert, Hills
Parking Type Unassigned
Total Parking Spaces 20
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0616124090000
Acceptable Financing Cash, Conventional, Owner May Carry, Submit
Listing Terms Cash, Conventional, Owner May Carry, Submit
Financing Cash
Special Listing Condition Standard
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Bought with VINSON JOHNSON • 29 Palms Realty