$2,100,000
62044 Chollita RD Joshua Tree, CA 92252
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$2,100,000
Est. payment /mo
1.33 Acres Lot
Price Dropped by $400K
62044 Chollita RD Joshua Tree, CA 92252
UPDATED:
11/07/2024 03:11 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219117081DA
HOA Y/N No
Year Built 1960
Lot Size 1.330 Acres
Property 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 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.
Location
State CA
County San Bernardino
Area Dc621 - Old Town West
Interior
Heating Forced Air
Flooring Concrete
Fireplaces Type Living Room, Wood Burning
Inclusions Offered turnkey furnished
Fireplace Yes
Exterior
Garage Other
Garage Spaces 4.0
Carport Spaces 3
Garage Description 4.0
View Y/N Yes
View Desert, Mountain(s)
Total Parking Spaces 30
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0603201170000
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Serena Leiterman • Equity Union
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