62044 Chollita Road
$2,100,000
14
11
8,239
8,239
$255
Description
Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential...Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.
- Listed by Serena Leiterman • DRE #01965152 • Equity Union
Property Details for 62044 Chollita Road
Subdivision Name
Not Applicable-1
Carport Spaces3.00
Garage Spaces4.00
ViewDesert, Mountain(s)
Cross StreetChollita and Sunburst Street
LISTING UPDATED: 11/07/2024 07:04 AM
Property Details for 62044 Chollita Road
Status | Active |
---|---|
MLS # | 219117081 |
Days on Market | 57 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
Lot Size | 1.33 AC / 57,934 SF |
County | San Bernardino County |
Building Information for 62044 Chollita Road
Stories1Residences-Year Built1960Building Size-Lot Size1.33 AC / 57,934 SF
Property Information for 62044 Chollita Road
Property History for 62044 Chollita Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 62044 Chollita Road
Taxable ValueLand$208,080Additions$1,111,043Total$1,319,123
Tax Record2024$15,200 ($1,267 / month)
Home Facts
Lot Size57,934 SqFtStyleHotel / MotelYear Built1960CountySAN BERNARDINOAPN0603-201-17-0000
Schools near 62044 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 | ||
Black Rock Alternative/Continuation 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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