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Listed by: NATHAN DIONES (909) 709-3781 DRE #01767311, TREVOR CASEY DRE #02053394 | REGIONCY REAL ESTATE (800) 793-4249
$495,000
-- Bed
- 4 Baths
1,440sqft
72121 Hatch Rd, Twentynine Palms, CA 92277
$495,000
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Quadruplex
Built in 1946
$-- HOA
36,621 sqft lot
$344/sq.ft
Description
Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private "tiny home" atmosphere for tenants, who cover their own electric, gas, and internet utilities.
This "blank canvas" lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located jus...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1946
HOA Fees
-
Finished Area
1,440 sqft
Lot Size
36,621 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IG26090956
MLS Status
Active
Days on Market
29
Cumulative Days on Market
88
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