73796 Cactus Avenue

Twentynine Palms, CA 92277

$2,225,000
Price
30
Beds
12,480 Sq. Ft.
$178 / Sq. Ft.
12,480
Sq. Ft.
$178
per Sq. Ft.

Description

Great investment oppurtunity! 15 Units on Individual Parcels: The property consists of 15 units, each with 2,496 square feet of living space. These units are on separate parcels, offering flexibility for future sales, as they could be sold individually when the time comes. Located downtown Twentynine Palms, with walking distance to shopping, dining, and the New Freedom Plaza. Close to Tortoise Rock Casino and the MBTA Bus Station across the street. Only 5 minutes from the military base, a prime location...Great investment oppurtunity! 15 Units on Individual Parcels: The property consists of 15 units, each with 2,496 square feet of living space. These units are on separate parcels, offering flexibility for future sales, as they could be sold individually when the time comes. Located downtown Twentynine Palms, with walking distance to shopping, dining, and the New Freedom Plaza. Close to Tortoise Rock Casino and the MBTA Bus Station across the street. Only 5 minutes from the military base, a prime location for military personnel. The area is described as "up-and-coming," with new development happening regularly, making it a potentially high-return investment as the market grows. Twentynine Palms is becoming more popular, with comparisons to the growing popularity of Joshua Tree. The Saturday morning Farmers Market at Freedom Plaza is a highlight and draws in locals and visitors alike. Mountain views from the property add to its appeal. The units are described as 2-bedroom, 1-bath, and they are likely well-suited for renters or potential buyers looking for a cozy, manageable space. The fact that five units are on separate parcel numbers offers investors a unique selling point, as these can be sold individually later, allowing for flexibility in how the investment is managed. Why Twentynine Palms? The town is in a phase of growth and development, becoming a destination for those looking for more affordable real estate while still being close to attractions like Joshua Tree National Park and the Twentynine Palms Military Base. The area is centrally located, making it an attractive option for people who want easy access to shops, dining, and other amenities.
  1. Listed by Cindy Mark • DRE #01332204 • Cindy Mark Realty

Property Details for 73796 Cactus Avenue

Style
Ranch
Living Area
12480
Area
Adobe (DC727)
Lot Size Area
15000
Assessor Parcel Number
0617-291-13-0000
Directions
Hwy 62 West Right on Adobe Left on Cactus apartments on left.
LISTING UPDATED: 11/22/2024 07:01 PM

Property Details for 73796 Cactus Avenue

StatusActive
MLS #JT24076098MR
Days on Market219
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.34 AC / 15,000 SF
CountySan Bernardino County

Building Information for 73796 Cactus Avenue

Stories3Residences-Year Built1984Building Size-Lot Size0.34 AC / 15,000 SF

Property Information for 73796 Cactus Avenue

Community / Development
Community / Development
  • Number Of Units: 15
  • Community Features: Curbs, Sidewalks
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Public Records
  • Number Of Stories: 3
  • Unit Floor In Building: 1
  • View: Yes
  • View Description: Hills
  • Guest House: None
  • Entry Floor Number: 1
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: Septic Tank
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $88,200.00
  • Total Annual Expense: 3816
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 0.0
  • Telephone: 0.0
  • Cable: 0.0
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Gas: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 65
  • Open Other Spaces Total: 30
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Fireplace Rooms: Living Room, None
  • Heating Type: Wall
  • Equipment: Dishwasher, Laundry Area, Outside, Refrigerator
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range
  • Laundry: Laundry Area, Outside
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Fence: Chain Link
  • Exterior Construction: Stucco
  • Construction MVO: Drywall Walls, Stucco
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Submit
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 30
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $8,550.00
  • Unit Actual Rent: $8,550.00
  • Unit Projected Rent: $14,625.00
  • Like Units: 15
Unit Details
  • Number of Electric Meters: 20
  • Number of Gas Meters: 20
  • Number Water Meters: 2

Property History for 73796 Cactus Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 73796 Cactus 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
Palm Vista 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.

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73796 Cactus Avenue is a multi-family home for sale in Twentynine Palms, CA 92277. This property was listed for sale on April 16, 2024 by Cindy Mark Realty, it's currently listed at $2,225,000. This listing's school district is Morongo Unified School District. Nearby schools include Palm Vista Elementary School, Twentynine Palms Junior High School and Twentynine Palms High School. 73796 Cactus Avenue is a 30-bed, 0-bath, 12,480 sqft multi-family home built in 1984.

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 Cindy Mark Realty, Cindy Mark, DRE #01332204

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.