***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%!!
For sale
Listing Provided by:
Herbert Diaz DRE #01458024 562-639-9636,
PLF Real Estate Solutions,
Daniel Sigala DRE #02179798 323-974-3172,
PLF Real Estate Solutions
Price cut: $70.1K (8/19)
$979,900
6038 Bagley Ave, Twentynine Palms, CA 92277
13beds
10baths
10,450sqft
Est.:
Mixed Use
Built in 1947
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Spacious and well-maintained unitsOnsite laundry
- 428 days |
- 170 |
- 5 |
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