$638,000
$638,000
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12 Beds
8 Baths
0.54 Acres Lot
SOLD DATE : 02/10/2025
Key Details
Sold Price $638,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID JT25030462
Sold Date 02/10/25
Bedrooms 12
HOA Y/N No
Lot Size 0.543 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,500 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance en
Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,500 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the propertys value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser. Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEP Unit 2: coming soon Unit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9 Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG
Location
State CA
County San Bernardino
Area Twentynine Palms (92277)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Corner Lot, National Forest
Story 1
Sewer Septic Installed
Level or Stories 1 Story
Others
Monthly Total Fees $33
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,625
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Sean Dittmer • C & S Real Estate, Inc.
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