72121 Hatch RD, 29 Palms, CA 92277
72121 Hatch RD, 29 Palms, CA 92277
72121 Hatch RD, 29 Palms, CA 92277
72121 Hatch RD, 29 Palms, CA 92277
72121 Hatch RD, 29 Palms, CA 92277
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$ 535,000
Est. payment | /mo

0.84 Acres Lot


Save
$ 535,000
Est. payment | /mo
Save

0.84 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26090956

HOA Y/N No

Year Built 1946

Lot Size 0.841 Acres

Property Sub-Type Quadruplex

Property Description

Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private "tiny home" atmosphere for tenants, who cover their own electric, gas, and internet utilities.

This "blank canvas" lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area's high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio.

Location

State CA

County San Bernardino

Area Dc725 - Smoke Tree

Interior

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Laundry None

Exterior

Parking Features Attached Carport

Carport Spaces 4

Fence Masonry

Pool None

Community Features Rural

Utilities Available Electricity Connected, Phone Connected, See Remarks

View Y/N Yes

View Mountain(s), Neighborhood, Panoramic

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0616292010000

Acceptable Financing 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Owner May Carry, Private Financing Available, Trade, VA Loan

Listing Terms 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Owner May Carry, Private Financing Available, Trade, VA Loan

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by NATHAN DIONES REGIONCY REAL ESTATE 909-709-3781, DRE #01767311
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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72121 Hatch RD