6425 Mariposa Avenue

Twentynine Palms, CA 92277

$430,000
Last Sold Price
11
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Partially rehabbed 12 unit complex on 2.64 acres which includes 7 buildings consisting of 4 individual 1/1 houses with attached carports, a duplex containing a 2/1 with fireplace, and a large 1 bedroom 1 bath apartment. In addition, there are 6 more units consisting of 3 studios, 1 2/1, and a 1/1 which were remodeled from an old hotel. Many of the units have been restored, and most are rented. Some of the units still need to be rehabbed. This property is appropriate for experienced rehab buyers,...Partially rehabbed 12 unit complex on 2.64 acres which includes 7 buildings consisting of 4 individual 1/1 houses with attached carports, a duplex containing a 2/1 with fireplace, and a large 1 bedroom 1 bath apartment. In addition, there are 6 more units consisting of 3 studios, 1 2/1, and a 1/1 which were remodeled from an old hotel. Many of the units have been restored, and most are rented. Some of the units still need to be rehabbed. This property is appropriate for experienced rehab buyers, and is priced accordingly. Infrastructure including gas and water lines have been renovated as well. The property is zoned tourist commercial, so vacation rentals and other occupancy options can be implemented. This property provides great cash flow and rents are relatively low. There's a lot of opportunity for a cash flow investor and seller will finance with attractive terms with a reasonable amount down.
  1. Listed by Jeffrey Zatlin • DRE #01955130 • Brokerage DRE #01921613 • RE/MAX Consultants, Palm Springs
  2. Listed by Steve Enochs • DRE #01209428 • Brokerage DRE #01921613 • RE/MAX Consultants, Palm Springs

Property Details for 6425 Mariposa Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1
Assessor Parcel Number
0615-103-03-0000
Property Attached YN
true

Location

Listing Courtesy of RE/MAX Consultants, Palm Springs, Jeffrey Zatlin, DRE #01955130; RE/MAX Consultants, Palm Springs, Steve Enochs, DRE #01209428

Sold By Mustafa Sultani Broker, Mustafa Sultani, DRE #01755273

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LISTING UPDATED: 07/16/2020 09:42 AM

Property Details for 6425 Mariposa Avenue

StatusClosed
MLS #JT19195033
Days on Market225
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size2.64 AC / 114,998 SF
CountySan Bernardino County

Location

Listing Courtesy of RE/MAX Consultants, Palm Springs, Jeffrey Zatlin, DRE #01955130; RE/MAX Consultants, Palm Springs, Steve Enochs, DRE #01209428

Sold By Mustafa Sultani Broker, Mustafa Sultani, DRE #01755273

Add your commute

Building Information for 6425 Mariposa Avenue

Stories-Residences-Year Built1948Building Size-Lot Size2.64 AC / 114,998 SF

Payment Calculator

$2,347 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6425 Mariposa Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $6,540
  • Gross Scheduled Income: $78,480
  • Net Operating Income: $61,680
Expense Details
  • Operating Expense: $16,800
  • New Taxes Expense: $9,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $1,200
  • Water Sewer Expense: $3,600
  • Total Expenses: $10,548
Tax / Assessment Info
  • Tax Tract Number: 2525
  • Tax Lot: 9
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Level with Street
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Meter on Property
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $595
  • Unit Type Total Rent: $595
  • Unit Type Pro Forma: 800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 800
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $595
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 800
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 800
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $595
  • Unit Type Total Rent: $595
  • Unit Type Pro Forma: 700
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 450
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 700
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $350
  • Unit Type Total Rent: $350
  • Unit Type Pro Forma: 550
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $350
  • Unit Type Total Rent: $350
  • Unit Type Pro Forma: 550
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $550
  • Unit Type Total Rent: $550
  • Unit Type Pro Forma: 550
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $595
  • Unit Type Total Rent: $595
  • Unit Type Pro Forma: 800
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1

Schools near 6425 Mariposa Avenue

This home is within Morongo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oasis Elementary School
PublicK to 6

Twentynine Palms Junior High School
Public7 to 8

Twentynine Palms High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of RE/MAX Consultants, Palm Springs, Jeffrey Zatlin, DRE #01955130; RE/MAX Consultants, Palm Springs, Steve Enochs, DRE #01209428

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.