• 73538 Sun Valley Drive 29 Palms, CA 92277

  • $839,000
  • 12
    Bed(s)
  • 8
    Baths
  • 5,120
    Sq Ft
  • 23651
    Sqft
  • Listed By: Sean Dittmer, C & S Real Estate, Inc., DRE #02038631
  • Source: CRMLS

Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,650 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the property’s value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser. Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEP Unit 2: coming soon Unit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9 Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG

Property Type :

Residential Income

County :

San Bernardino

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1071114484 2 3 2 0
2 1071114484 2 3 2 0
3 1071114484 2 3 2 0
4 1071114484 2 3 2 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Septic Tank

Interior Features

Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan

Fireplace: None

Flooring: Vinyl

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2005

Building Area Total: 5,120

Pool Features

None

Laundry Features

Inside,Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.543

Lot Size Source: Assessor

Lot Size Square Feet: 23651

Listing Price Information

Original List Price: 839,000

Listing Contract Date: 2024-04-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 0618281010000

Garage and Parking

Garage Description: Carport

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: DC726 - Four Corners

Postal Code Plus 4: 8707

Directions: Frofm hwy 62 turn North onto Adobe, left on Sun Valley. The property is on the NW corner of Bagley and Sun Valley

Source Property Type: Residential Income

Area: DC726 - Four Corners

Property SubType: Quadruplex

Building and Construction

Property Age: 19

Common Walls: 2+ Common Walls

Property Condition: Turnkey

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: front door

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

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

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/15/2024 @ 07:27

MLS: JT24077846
LISTED BY: Sean Dittmer, C & S Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.

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