Properties
29 Palms, CA 92277 6038 Bagley Avenue
$979,900
20 more
Presented By: Herbert Diaz with PLF Real Estate Solutions; 562-639-9636
Baths • 1
SQFT • 10,450
Home Details
***MASSIVE PRICE REDUCTION***Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and future appreciation. The area is known for its proximity to Joshua Tree National Park, making it a popular spot for nature lovers and those seeking outdoor activities. Don't miss this opportunity to acquire a valuable piece of real estate in a growing community. 10 well maintained units the have a solid rental track record. Mix of a Studio, 1's, 2's & Onsite laundry. Also, each unit is individually metered for electricity! Current Actual Cap rate 7.42%!!! and GRM is 9.8%!!
Presented By: Herbert Diaz with PLF Real Estate Solutions; 562-639-9636
Interior Features for 6038 Bagley Avenue
Other Interior Features
Common WallsTwoCommonWallsOrMore
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, SeeRemarks
Total Stories1
Other Rooms
Entry Level1
General for 6038 Bagley Avenue
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate7.42
City29 Palms
Community FeaturesRural, Valley
CountySan Bernardino
DirectionsSun Valley Dr and Bagley Ave
Electric Expense
Entry Location1
Fuel Expense2700
Garage Spaces
Garage Y/NNo
Gross Income99960
HOANo
HOA Fee$
Insurance Expense5009
Land Lease Y/NNo
LevelsOne
Listing TermsCashToNewLoan, Submit
Lot Size Square Feet44866
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
Net Operating Income72741
New ConstructionNo
Number Of Units Total10
Open Parking Spaces12
Operating Expense27219
Pool FeaturesNone
PostalCityTWENTYNINE PALMS
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot13
Taxes$12,250
Trash Expense2640
Water Sewer Expense4620
Year Built1947
Year Built SourcePublicRecords
ZoningC-1
Exterior for 6038 Bagley Avenue
Building Area Total10450
Lot FeaturesLotOver40000Sqft
Lot Size Acres1.03
Lot Size Area44866
Lot Size SourceAssessor
Number of Buildings10
Number of Separate Electric Meters10
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
Total Parking12
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
