Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private "tiny home" atmosphere for tenants, who cover their own electric, gas, and internet utilities.
This "blank canvas" lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area's high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio.
For sale
Listing Provided by: REGIONCY REAL ESTATE
$575,000
72121 Hatch Rd, Twentynine Palms, CA 92277
--beds
4baths
1,440sqft
Est.:
Quadruplex
Built in 1946
-- sqft lot
$569,200 Zestimate®
$399/sqft
$-- HOA
What's special
- 10 days |
- 132 |
- 10 |
Zillow last checked:
Listing updated:
Listing Provided by:
NATHAN DIONES DRE #01767311 909-709-3781,
REGIONCY REAL ESTATE,
TREVOR CASEY DRE #02053394,
REGIONCY REAL ESTATE
Source: CRMLS,MLS#: IG26090956
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Cooling
- Evaporative Cooling
Appliances
- Laundry: None
Features
- Flooring: Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Carport spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Level
- Pool features: None
- Fencing: Masonry
- Has view: Yes
- View description: Mountain(s), Neighborhood, Panoramic
Lot
- Size: 0.84 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 0616292010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Unknown
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, See Remarks
Community & HOA
Community
- Features: Rural
Location
- Region: Twentynine Palms
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $218,200
- Annual tax amount: $3,287
- Date on market: 5/1/2026
- Cumulative days on market: 11 days
- Listing terms: 1031 Exchange,FHA 203(b),FHA 203(k),FHA,Owner May Carry,Private Financing Available,Trade,VA Loan
- Tenant pays: Cable TV, Gas
Estimated market value
$569,200
$541,000 - $598,000
$878/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $575,000+248.5%$399/sqft |
Source:  CRMLS #IG26090956 Report a problem | ||
| 6/15/2016 | Listing removed | $495 |
Source: Triad Realtors #JT15261944 Report a problem | ||
| 2/18/2016 | Listed for rent | $495 |
Source: Triad Realtors Report a problem | ||
| 4/9/2015 | Listing removed | $495 |
Source: Marr Realty & Rentals-29 Palms #DC14189841 Report a problem | ||
| 10/20/2014 | Price change | $495-5.7% |
Source: Marr Realty & Rentals-29 Palms #DC14189841 Report a problem | ||
| 9/6/2014 | Listed for rent | $525 |
Source: Marr Realty & Rentals-29 Palms Report a problem | ||
| 6/21/2014 | Listing removed | $525 |
Source: MARR REALTY RENTALS-29 #DC13198581 Report a problem | ||
| 5/3/2014 | Price change | $525-4.5% |
Source: MARR REALTY RENTALS-29 #DC13198581 Report a problem | ||
| 10/2/2013 | Listed for rent | $550 |
Source: MARR REALTY RENTALS-29 #DC13198581 Report a problem | ||
| 1/29/2004 | Sold | $165,000+108.9%$115/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $79,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,287 +4.7% | $218,200 |
| 2024 | $3,141 +10.3% | $218,200 +10.3% |
| 2023 | $2,848 +4.6% | $197,800 +5% |
| 2022 | $2,724 +6.1% | $188,400 +9% |
| 2021 | $2,568 +6.7% | $172,900 +9% |
| 2020 | $2,406 +4.3% | $158,620 +3% |
| 2019 | $2,307 +4.7% | $154,000 +5% |
| 2018 | $2,204 +3.4% | $146,600 +5% |
| 2017 | $2,131 | $139,600 |
| 2016 | $2,131 +0.4% | $139,600 |
| 2015 | $2,122 -12.9% | $139,600 +10% |
| 2014 | $2,437 | $126,900 +26.9% |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 -16.7% |
| 2011 | -- | $120,000 |
| 2010 | -- | $120,000 -47.6% |
| 2009 | -- | $228,888 +22.2% |
| 2008 | -- | $187,272 +2% |
| 2007 | -- | $183,600 +2% |
| 2006 | -- | $180,000 +7% |
| 2005 | -- | $168,300 +97.1% |
| 2004 | -- | $85,401 +1.9% |
| 2003 | -- | $83,836 +2% |
| 2002 | -- | $82,192 +2% |
| 2001 | -- | $80,580 +2% |
| 2000 | -- | $79,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,352/mo
Principal & interest
$2811
Property taxes
$541
More affordability tools
Climate risks
Neighborhood: 92277
Nearby schools
GreatSchools rating
- 2/10Palm Vista Elementary SchoolGrades: K-6Distance: 3 mi
- 3/10Twentynine Palms Junior High SchoolGrades: 7-8Distance: 3.2 mi
- 5/10Twentynine Palms High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- San Bernardino County
- Twentynine Palms
- 92277
- 72121 Hatch Rd
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