73538 Sun Valley Drive 29 Palms, CA $ 839,000
73538 Sun Valley Drive
$ 839,000
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73538 Sun Valley Drive

29 Palms, CA, 92277
$ 839,000
Bedrooms12 Baths8.0 Sq 5,120

Monthly Estimate*

$ 5,576

Listed by C & S Real Estate, Inc.
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Multi-Family Home for sale in 29 Palms, CA

for $839,000 with 12 bedrooms and 8 full baths. This 5,120 square foot home was built in 2005 on a lot size of 0.543.

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 $1,650 (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 property’s 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

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Multi-Family Active

Price

$ 839,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.543

Year Built

2005

Town/City

29 Palms

County/Region

San Bernardino

MLS | Web ID

JT24077846

Days on Market

36

Features
General
Sewer SepticTank
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected WaterConnected
Appliances Dishwasher GasRange Microwave Refrigerator VentedExhaustFan
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 2005
Tenant Pays CableTV Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 77700.0
Community Features Hiking NearNationalForest
County San Bernardino
Net Operating Income 70477.0
Operating Expense 7223.0
Insurance Expense 5055.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Frofm hwy 62 turn North onto Adobe left on Sun Valley. The property is on the NW corner of Bagley and Sun Valley
City 29 Palms
Land Lease Amount 0.0
Entry Location front door
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area DC726 - Four Corners
Lot Size Square Feet 23651.0
Private Pool N
Waterfront Y/N N
Carport Spaces 4.0
Carport Y/N Y
Number of Units Leased 4
Street Name Sun Valley
Listing Terms Cash Conventional Item1031Exchange Submit
Property Attached Y/N Y
Land Lease Y/N Y
Home Warranty Y/N N
Property Condition Turnkey
Trash Expense 375.0
Water Sewer Expense 1793.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=rJ9dQZsEpEP
Days on Market 31
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 34
Total Actual Rent 6475.0
Property Sub Type Additional Quadruplex
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Laundry Features Inside LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Carport
Lot Features CornerLot
Water Source Public
Total Parking 10.0
Lot Size Area 23651.0
Number of Buildings 2
Spa N
Building Area Total 5120.0
Lot Size Acres 0.543
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 73538
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* Excluded Features
List By
C & S Real Estate, Inc.

Broker

seandittmer@gmail.com

Email

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$5,576
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Monthly Principal & Interest
$5,576
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$839,000 Listed Price

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73538 Sun Valley Drive, 29 Palms, CA, 92277 is a Multi-Family Home for sale at $839,000 with 5,120 sqft and a lot size of 0.543. 73538 Sun Valley Drive has 12 bedrooms, 8.0 baths, and was built in 2005. The property's zip code is 92277 which is in 29 Palms, CA