$1,200,000
For Sale

7382 Olympic Road

Joshua Tree, CA 92252
0.72 acres | #219120236PS
Listing OfficeSharon Rose Realty, Inc.
Browse 38 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Prime hillside 6-Plex offers a wonderful value & investment opportunity in world famous Joshua Tree. Each of the spacious, 2-bedroom, 1-bath apartments spans nearly 900 sq. ft. & features modern finishes throughout. Two of the units have been recently renovated top to bottom while two more of the units were recently painted & updated. Each equipped with AC, gas wall heaters, & fully appointed kitchens, including gas stoves, refrigerators, microwaves, & dishwashers. With two dedicated parking spots per unit & private patios, tenants enjoy added convenience & comfort. The property is separately metered for electricity & gas, making it an efficient investment. The exterior has recently been updated while new landscaping was installed to beautify & conserve water. A shared courtyard with a pergola, picnic table, & desert landscaping, providing a relaxing outdoor space for residents. A laundry room with two sets of washers & dryers adds further appeal. Located on a hillside, the building offers sweeping panoramic views, enhancing its desirability. The 6-Plex is ideally located just 4 minutes from Copper Mountain College, 10 minutes from Hi-Desert Medical Center & the courthouse. 25 minutes from the 29 Palms Marine Base. Palm Springs is just 44 minutes away. With the Morongo Basin's booming rental market & growing demand, this property is a solid investment for both long-term & medium-term rentals. Don't miss out on this rare opportunity in a rapidly expanding area.

  • Property Details
      • ViewCityLights, Desert, Hills, Mountains, Panoramic
      • Lot DescriptionPaved, RectangularLot
      • Property SubtypeResidentialIncome
      • SubdivisionNot Applicable-1
      • CountySan Bernardino
      • Property TypeMulti-Family
      • MLS #219120236PS
      • MLS #219120236PS
      • Original List Price$1,200,000
      • Cost1200000
      • Acres0.7197
      • Year Built1984
      • FoundationSlab
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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