73796 Cactus Avenue
29 Palms, CA 92277
Active for $2,225,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 15,000 sqft
MLS | JT24076098 |
Year Built | 1984 |
Property Type | Mixed Use |
County | San Bernardino |
Status | Active |
Active | $2,225,000 |
Structure Size | N/A sqft |
Lot Size | 15,000 sqft |
Beds | N/A |
Baths | N/A |
Description
GREAT INVESTMENT OPPURTUNITY! 15 Units on Individual Parcels: The property consists of 15 units, each with 2,496 square feet of living space. These units are on separate parcels, offering flexibility for future sales, as they could be sold individually when the time comes. Located downtown Twentynine Palms, with walking distance to shopping, dining, and the New Freedom Plaza. Close to Tortoise Rock Casino and the MBTA Bus Station across the street. Only 5 minutes from the military base, a prime location for military personnel. The area is described as "up-and-coming," with new development happening regularly, making it a potentially high-return investment as the market grows. Twentynine Palms is becoming more popular, with comparisons to the growing popularity of Joshua Tree. The Saturday morning Farmers Market at Freedom Plaza is a highlight and draws in locals and visitors alike. Mountain views from the property add to its appeal. The units are described as 2-bedroom, 1-bath, and they are likely well-suited for renters or potential buyers looking for a cozy, manageable space. The fact that five units are on separate parcel numbers offers investors a unique selling point, as these can be sold individually later, allowing for flexibility in how the investment is managed. Why Twentynine Palms? The town is in a phase of growth and development, becoming a destination for those looking for more affordable real estate while still being close to attractions like Joshua Tree National Park and the Twentynine Palms Military Base. The area is centrally located, making it an attractive option for people who want easy access to shops, dining, and other amenities.
Listing information courtesy of: Cindy Mark, Cindy Mark Realty 760-367-6611. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.