CA > 29 Palms
29 Palms, CA 92277,6038 Bagley AVE
29 Palms, CA 92277,6038 Bagley AVE
29 Palms, CA 92277,6038 Bagley AVE
29 Palms, CA 92277,6038 Bagley AVE
29 Palms, CA 92277,6038 Bagley AVE
29 Palms, CA 92277,6038 Bagley AVE
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 979,900
Est. payment | /mo

1.03 Acres Lot

Save
$ 979,900
Est. payment | /mo
Save

1.03 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24161111

HOA Y/N No

Year Built 1947

Lot Size 1.030 Acres

Property Sub-Type Mixed Use

Property Description

***MASSIVE PRICE REDUCTION***Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and future appreciation. The area is known for its proximity to Joshua Tree National Park, making it a popular spot for nature lovers and those seeking outdoor activities. Don't miss this opportunity to acquire a valuable piece of real estate in a growing community. 10 well maintained units the have a solid rental track record. Mix of a Studio, 1's, 2's & Onsite laundry. Also, each unit is individually metered for electricity! Current Actual Cap rate 7.42%!!! and GRM is 9.8%!!

Location

State CA

County San Bernardino

Area 699 - Not Defined

Zoning C-1

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, See Remarks

Exterior

Pool None

Community Features Rural, Valley

Total Parking Spaces 12

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0618282100000

Energy Description 2700.0

Acceptable Financing Cash to New Loan, Submit

Listing Terms Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Herbert Diaz PLF Real Estate Solutions 562-639-9636

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