$320,000
$349,900
8.5%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 10/01/2024
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID JT23074049
Sold Date 10/01/24
HOA Y/N No
Year Built 1962
Lot Size 7,000 Sqft
Property Description
Low Purchase Price! Great Investment in the growing Morongo Valley-Joshua Tree market: affordable, multi-income producing, highly visible property located on Twenty-nine Palms Highway. This property has 2 LOTS, LOT 22 & 23, highway access to your own parking lot, and visible signage. Only 20 minutes away from Palm Springs. Visitors heading to and from the National Park (over 3 million a year) will be your possible clients or new friends. Multiple suites offer flexibility. The building provides separate entry points and 2 covered outdoor patios to add charm and shade; Unit 1 is the original 2 bedrooms/ 1 Bath home with a kitchen, a large private backyard, a storage shed, and a large covered patio great for outdoor living and entertainment. Unit 2, 10x10, has a separate entrance through a 15x26 redwood fenced patio area; Units 3 & 4 are office spaces facing the highway with individual entries and a shared bathroom; each has large windows and charming walkways. Current rents are month-to-month, and the income possibilities are endless. Where else can you purchase income-producing property at this price point in Southern California?
This property is shown by appointment only. Call today to schedule a viewing.
Location
State CA
County San Bernardino
Area Dc511 - Nw Morongo
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry In Kitchen
Exterior
Carport Spaces 2
Community Features Park
Utilities Available Electricity Connected, Water Connected
Total Parking Spaces 2
Building
Lot Description Back Yard, Near Park, Street Level, Trees
Story 1
Water Public
Others
Tax ID 0584171190000
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Other
Special Listing Condition Standard
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Bought with Allison Gaunder • Inspire Real Estate
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA