SELLER WILL FINANCE. Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.
For sale
$2,050,000
61850 Chollita Rd, Joshua Tree, CA 92252
17beds
0baths
13,451sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$152/sqft
$-- HOA
What's special
Five freestanding buildings
- 72 days |
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