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Manny Nunez
CB Richard Ellis, Inc.
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CBRE is pleased to present a 77-unit build-to-rent opportunity in Twentynine Palms, CA. Located on a 31-acre site at the intersection of Two Mile Rd and Adobe Rd, this property has an approved tract map for 77 single-family homes. A significant advantage of this location is its proximity to the Marine Corps Air Ground Combat Center, one of the largest military training areas in the nation. The proximity to the base ensures a steady demand for housing, providing potential for stable rental income. In addition to the base, nearby attractions include Joshua Tree National Park, Sky's The Limit Observatory, and the 29 Palms Creative Center and Art Gallery. Essential amenities like the Twentynine Palms Shopping Center, Tortoise Rock Casino, and diverse dining options further enhance the locations appeal. Combining its strategic location with the surrounding amenities, this property represents a prime investment opportunity in the region.
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 31.02
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 1351231
Original List Price: 1,250,000
Listing Contract Date: 2023-11-06
Listing Agreement: Seller Reserved
Parcel Number: 0621222010000
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: DC726 - Four Corners
Directions: 12 Minutes South from Twentynine Palms Marine Corps Military Base.
Zoning: RS-3
Source Property Type: Land
Area: DC726 - Four Corners
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Meldora, 29 Palms, CA,92277 | $48,000 | -- | -- | -- | 217800 Sqft |
Copper Mountain Road, 29 Palms, CA,92277 | $175,000 | -- | -- | -- | 871200 Sqft |
7 Feldspar Ave, 29 Palms, CA,92277 | $10,250 | -- | -- | -- | 87120 Sqft |
None, 29 Palms, CA,92277 | $23,000 | -- | -- | -- | 27225 Sqft |
None, 29 Palms, CA,92277 | $25,000 | -- | -- | -- | 54450 Sqft |
None, 29 Palms, CA,92277 | $50,000 | -- | -- | -- | 217800 Sqft |
None, 29 Palms, CA,92277 | $23,000 | -- | -- | -- | 27225 Sqft |
Indian Cove Rd Road, 29 Palms, CA,92277 | $75,000 | -- | -- | -- | 190357 Sqft |
1234 Wilshire Avenue, 29 Palms, CA,92277 | $16,500 | -- | -- | -- | 7800 Sqft |
Amboy Road, 29 Palms, CA,92277 | $750,000 | 2 | 1 | 1,405 | 6838920 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 05:45
MLS: 23329187
LISTED BY: Manny Nunez, CB Richard Ellis, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.