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Listed by: James Wardlaw DRE #02061381 | Sperry Commercial (949) 705-5000
$1,000,000
3 Beds
- 3 Baths
--sqft
6563 Oasis, 29 Palms, CA 92277
$1,000,000
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Mixed Use
Built in 1936
$-- HOA
21,600 sqft lot
--/sqft
Description
Fully renovated 9-unit multifamily property in the growing Twentynine Palms market. With a strong 6.8% cap rate and 8.75 GRM on current rents, this turnkey asset features 4 studios, 4 one-bed units, and 1 two-bed unit across 3,240 SF. All interiors have been updated with modern kitchens, baths, fixtures, and finishes. Current scheduled rents total $9,425/month with market potential of $10,200/month. Property sits on a 21,600 SF lot with ample open parking. Low expenses and stable tenant demand driven by proximity to the Marine Corps base and downtown amenities. Excellent opportunity for investors seeking strong cash flow and minimal renovation needs.
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
21,600 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25264892
MLS Status
Active
Days on Market
28
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