CA > Joshua Tree
Joshua Tree, CA 92252,62044 Chollita RD
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$2,100,000
Est. payment /mo
14 Beds
11 Baths
8,239 SqFt
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UPDATED:

11/07/2024 02:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,239 sqft

Price per Sqft $254

MLS Listing ID 219117081DA

Bedrooms 14

Full Baths 11

Year Built 1960

Lot Size 1.330 Acres

Property Description

Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.

Location

State CA

County San Bernardino

Area Old Town West

Interior

Heating Forced Air

Cooling Air Conditioning, Ceiling Fan

Flooring Cement

Fireplaces Number 1

Fireplaces Type Wood BurningLiving Room

Inclusions Offered turnkey furnished

Equipment Ceiling Fan

Exterior

Garage Other

Garage Spaces 30.0

View Y/N Yes

View Desert, Mountains

Building

Story 1

Sewer Septic Tank

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Equity Union

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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