Description
Exceptional opportunity to acquire a well-maintained 7-unit apartment community in the established Harmony Acres neighborhood of Twentynine Palms. Situated on three contiguous parcels totaling approximately 0.59 acres, the property offers a desirable unit mix of five 2-bedroom, 1-bath units and two studios, providing strong in-place cash flow with additional upside through the lease-up of one currently vacant 2-bedroom unit. All seven units have been extensively renovated and feature upgraded kitchens and bathrooms, granite countertops, updated cabinetry, tile flooring, recessed lighting, dual-pane windows, and upgraded sliding glass doors. The five 2-bedroom units are equipped with ducted central heating and air conditioning powered by new York rooftop HVAC systems, while both studio units feature energy-efficient mini-split HVAC systems. The property also features five detached garages, on-site laundry providing additional income, ample off-street parking, and low-maintenance desert landscaping. Gas and electric are separately metered for the 2-bedroom units, while the owner pays utilities for the studio units. Conveniently located just north of CA-62 with quick access to downtown Twentynine Palms, the Marine Corps Air Ground Combat Center, and Joshua Tree National Park, the property benefits from rental demand driven by military personnel, tourism, and the area’s continued growth. Property must be sold concurrently with 6424 Athol Avenue, Twentynine Palms, creating a rare opportunity to acquire a 13-unit apartment portfolio. Three contiguous APNs are included in the sale of 6321 Yucca Avenue. Interior photographs are representative of the quality of renovations completed throughout the property and are provided for reference only. They do not depict any specific unit, current vacancy, or current condition. All units are subject to an existing affordable housing covenant.
Details
| MLS # | OC26144641 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1985 |
| Days On Site | 69 |
| Listing Provided By | Advtge | Christopher Anspach |
Features
| SQ Feet | 4,945 |
|---|---|
| Garage | 5 |
| Story(s) | 1 |
| Units | 7 |
| Building(s) | 1 |
| Acreage | 0.60 |
Interior
| Cooling | Central Air, Ductless |
|---|---|
| Heating | Central, Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Septic Type Unknown |
|---|
Location
| Community Features | Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | 29 Palms |
| Zip Code | 92277 |
| Area | DC723 Harmony Acres |
| Listing VS Median (in 92277) | |
Price: $819,900 low | high Med: $275,000 sqft: 4,945 low | high Med: 1,200 $ / sqft: $166 low | high Med: $229 On site: 69 low | high Med: 19 | |
Market Activity 92277
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | 29 Palms |
| Zip Code | 92277 |
| Area | DC723 Harmony Acres |
| Listing VS Median (in 92277) | |
Price: $819,900 low | high Med: $275,000 sqft: 4,945 low | high Med: 1,200 $ / sqft: $166 low | high Med: $229 On site: 69 low | high Med: 19 | |
