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Listed by: NATHAN DIONES DRE #01767311, TREVOR CASEY DRE #02053394 | REGIONCY REAL ESTATE (800) 793-4249
$575,000
-- Bed
- 4 Baths
--sqft
72121 Hatch Rd, 29 Palms, CA 92277
$575,000
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Quadruplex
Built in 1946
$-- HOA
36,621 sqft lot
--/sqft
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
- sqft
Lot Size
36,621 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IG26090956
MLS Status
Active
Days on Market
25
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