Description
***MASSIVE PRICE REDUCTION***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! Current Actual Cap rate 7.42%!!! and GRM is 9.8%!!
Address
Open on Google Maps- Address 6038 Bagley Avenue
- City 29 Palms
- State/county CA
- Zip/Postal Code 92277
- Country US
Details
Updated on August 27, 2025 at 5:00 pm- Property ID: DW24161111
- Price: $979,900
- Property Size: 10450 Sqft
- Land Area: 1.03 Acres
- Year Built: 1947
- Property Type: Mixed Use, Residential Income
- Property Status: Active
Additional details
- Listing Terms: Cash to New Loan, Submit
- Sewer: Public Sewer
- County: San Bernardino
- Property Type: Residential Income
- Pool: None
- Community Features: Rural, Valley
