61850 Chollita Road

Joshua Tree, CA 92252

$2,050,000
Price
17
Beds
1
Bath
13,451 Sq. Ft.
$152 / Sq. Ft.
13,451
Sq. Ft.
$152
per Sq. Ft.

Description

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...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.
  1. Listed by Shawn S. Kormondy • DRE #01451888 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 61850 Chollita Road

Water Front
None
Zoning
JT/RM
Style
Traditional
Accessibility Features
None
Parcel Number
0603222250000
Total Units
5.0
Living Area
13451
Source Living Area
Assessor
LISTING UPDATED: 08/01/2024 04:29 PM

Property Details for 61850 Chollita Road

StatusActive
MLS #24-345117
Days on Market316
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size1.63 AC / 71,002 SF
CountySan Bernardino County

Building Information for 61850 Chollita Road

Stories1Residences-Year Built1964Building Size-Lot Size1.63 AC / 71,002 SF

Property Information for 61850 Chollita Road

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 5
  • Type Of Units: Detached
  • View: Yes
  • View Description: Mountains, Desert
  • View: Mountain(s), Desert
  • Property Condition: Fixer, Repairs Major
  • Water: District
  • Sewer: Septic Tank
  • Water Heater Features: None
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: Yes
  • Alley: No
  • Lot Acreage: 1.63
  • Lot Size Square Feet: 71002
  • Lot Size Dimensions: 420x170
  • Source Lot Size Dimensions: Assessor
  • Lot Description: Fenced, Redevelopment Area
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Gated, Parking for Guests - Onsite, Parking Space, Private, Unassigned
  • Total Parking: 0
  • Parking Features: Gated, Guest, Parking Space, Private, Unassigned
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Flooring: Cement
  • Equipment: None
  • Interior Features: None
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: None
  • Laundry: None
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: Yes
  • Spa: Indoor, In Ground
  • Sprinklers: None
  • Patio Features: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-11-2024
  • Listing Terms: Cash To New Loan
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,720,230.00
  • Assessed Improvement Percent: 84.9
  • Assessed Land Value: $306,000.00
  • Assessed Land Percent: 15.1
  • Assessed Total Value: $2,026,230.00

Property History for 61850 Chollita Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 61850 Chollita Road

Taxable ValueLand$312,120Additions$1,754,635Total$2,066,755
Tax Record2024$23,470 ($1,956 / month)
Home Facts
Beds1Total Finished SqFt11,926 SqFtAbove Grade Finished SqFt11,926 SqFtLot Size35,700 SqFtStyleMiscellaneous ResidentialYear Built1964Year Renovated1973CountySAN BERNARDINOAPN0603-222-25-0000

Schools near 61850 Chollita Road

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
Joshua Tree Elementary School
PublicK to 6

La Contenta Middle School
Public7 to 8

Yucca Valley 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.

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61850 Chollita Road is a multi-family home for sale in Joshua Tree, CA 92252. This property was listed for sale on January 11, 2024 by Keller Williams Beverly Hills, it's currently listed at $2,050,000. It has been on the market for a total of 316 days and was last sold on September 22, 2021. This listing's school district is Morongo Unified School District. Nearby schools include Joshua Tree Elementary School, La Contenta Middle School and Yucca Valley High School. 61850 Chollita Road is a 17-bed, 1-bath, 13,451 sqft multi-family home built in 1964.

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 Keller Williams Beverly Hills, Shawn S. Kormondy, DRE #01451888

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.