6038 Bagley Avenue

Twentynine Palms, CA 92277

$1,250,000
Price
3
Beds
10
Baths
10,450 Sq. Ft.
$120 / Sq. Ft.
10,450
Sq. Ft.
$120
per Sq. Ft.

Description

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...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!
  1. Listed by Herbert Diaz • DRE #01458024 • Brokerage DRE #02191300 • PLF Real Estate Solutions • 562-639-9636
  2. Listed by Daniel Sigala • DRE #02179798 • Brokerage DRE #02191300 • PLF Real Estate Solutions

Property Details for 6038 Bagley Avenue

Parking Spaces Total
12
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10450
Assessor Parcel Number
0618-282-10-0000
Property Attached YN
true
LISTING UPDATED: 10/02/2024 05:10 AM

Property Details for 6038 Bagley Avenue

StatusActive
MLS #DW24161111
Days on Market114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1947
Lot Size1.03 AC / 44,866 SF
CountySan Bernardino County

Building Information for 6038 Bagley Avenue

Stories1Residences-Year Built1947Building Size-Lot Size1.03 AC / 44,866 SF

Property Information for 6038 Bagley Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $110,400
  • Gross Scheduled Income: $110,400
  • Gross Operating Income: $96,480
  • Net Operating Income: $98,318
  • Gross Multiplier: 11.3
  • Cap Rate: 7.8
Expense Details
  • Operating Expense: $12,082
  • New Taxes Expense: $15,625
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $5,691
  • Professional Management Expense: $0
  • Trash Expense: $2,360
  • Water Sewer Expense: $2,082
  • Total Expenses: $25,758
Tax / Assessment Info
  • Tax Tract Number: 2957
  • Tax Census Tract: 104.33
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Rural, Valley
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, See Remarks, Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 12
  • Open Other Spaces Total: 12
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,590
  • Unit Type Total Rent: $43,080
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,750
  • Unit Type Total Rent: $45,000
  • Unit Type Pro Forma: 3900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $700
  • Unit Type Total Rent: $8,400
  • Unit Type Pro Forma: 800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 10
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 6038 Bagley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6038 Bagley Avenue

Taxable ValueLand$54,682Additions$399,181Total$453,863
Tax Record2024$4,980 ($415 / month)
Home Facts
Total Finished SqFt1,490 SqFtAbove Grade Finished SqFt1,490 SqFtStories1Lot Size44,866 SqFtStyleMulti-Family Res (5+ Units)Year Built1947CountySAN BERNARDINOAPN0618-282-10-0000

Schools near 6038 Bagley Avenue

This home is within Morongo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oasis Elementary School
PublicK to 6

Twentynine Palms Junior High School
Public7 to 8

Twentynine Palms High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6038 Bagley Avenue is a mixed use property for sale in Twentynine Palms, CA 92277. This property was listed for sale on August 5, 2024 by PLF Real Estate Solutions, it's currently listed at $1,250,000. It has been on the market for a total of 114 days and was last sold on January 25, 2019. This listing's school district is Morongo Unified School District. Nearby schools include Oasis Elementary School, Twentynine Palms Junior High School and Twentynine Palms High School. 6038 Bagley Avenue is a 3-bed, 10-bath, 10,450 sqft mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PLF Real Estate Solutions, Herbert Diaz, DRE #01458024; PLF Real Estate Solutions, Daniel Sigala, DRE #02179798

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.