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Sean Dittmer
C & S Real Estate, Inc.
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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
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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 |
Water Source : Public
Sewer : Septic Tank
Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan
Fireplace: None
Flooring: Vinyl
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 2005
Building Area Total: 5,120
None
Inside,Laundry Room
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.543
Lot Size Source: Assessor
Lot Size Square Feet: 23651
Original List Price: 839,000
Listing Contract Date: 2024-04-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 0618281010000
Garage Description: Carport
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
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
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
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 05/15/2024 @ 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.