61850 Chollita Road

Joshua Tree, CA 92252 $200,000.00 (-8.89%) Active for $2,050,000
 


Beds: 17  Baths:   Structure Size: 13,451 sqft  Lot Size: 71,002 sqft


Property Facts
MLS 24345117
Year Built 1964
Property Type
County San Bernardino
Status Active
Active $2,050,000
Structure Size 13,451 sqft
Lot Size 71,002 sqft
Beds 17
Baths

Description

Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.

Listing information courtesy of: Shawn S. Kormondy, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.


Location



Similar Listings Nearby