73636 Cactus Drive

Twentynine Palms, CA 92277

$850,000
Price
1
Beds
7
Baths
3,860 Sq. Ft.
$220 / Sq. Ft.
3,860
Sq. Ft.
$220
per Sq. Ft.

Description

Turnkey, cash-flowing property in an amazing location. Located right behind the new downtown renovation project "Project Phoenix. This property is close to local restaurants, bars, and shopping. You can also enjoy the Farmer's Market held in Project Phoenix every Saturday. This property is centrally located in the City of Twentynine Palms. It is close to Joshua Tree National Park, the Marine Base, and Tortoise Rock Casino. This is a 7 unit complex. It has six 1-Bed, 1-Bath units and a studio at the...Turnkey, cash-flowing property in an amazing location. Located right behind the new downtown renovation project "Project Phoenix. This property is close to local restaurants, bars, and shopping. You can also enjoy the Farmer's Market held in Project Phoenix every Saturday. This property is centrally located in the City of Twentynine Palms. It is close to Joshua Tree National Park, the Marine Base, and Tortoise Rock Casino. This is a 7 unit complex. It has six 1-Bed, 1-Bath units and a studio at the end of the building. This used to be a six unit property with five 1-Bed, 1-Bath units and a two-bed, two-bath unit. The 2nd bedroom unit has a door sealed off and rented separate of the main unit. Buyer responsible for checking permits. There is a dedicated laundry room that has two washers and two dryers. These units are great for small families or individuals looking for an affordable, clean place to call home. The complex has a carport with 6 covered spots, additional uncovered spaces in the parking lot. Current owner has been replacing evaporative coolers with mini-splits. Three units have mini-splits for heating and cooling. Three units have evaporative coolers and wall heaters. The studio has a wall-mounted A/C unit and space heaters.
  1. Listed by Steve Enochs • DRE #01209428 • Brokerage DRE #01517134 • Coldwell Banker Roadrunner • 714-315-4560

Property Details for 73636 Cactus Drive

Parking Spaces Total
6
Private Pool
No
Cooling Type
Ductless
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3860
Assessor Parcel Number
0617-114-24-0000

Location

Listing Courtesy of Coldwell Banker Roadrunner, Steve Enochs, DRE #01209428
Add your commute
LISTING UPDATED: 03/18/2024 09:30 AM

Property Details for 73636 Cactus Drive

StatusActive
MLS #JT24049485
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1965
Lot Size0.79 AC / 34,414 SF
CountySan Bernardino County

Location

Listing Courtesy of Coldwell Banker Roadrunner, Steve Enochs, DRE #01209428
Add your commute

Building Information for 73636 Cactus Drive

Stories1Residences-Year Built1965Building Size-Lot Size0.79 AC / 34,414 SF

Payment Calculator

$5,010 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$371

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 73636 Cactus Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $8,070
  • Gross Scheduled Income: $80,700
  • Net Operating Income: $56,661
Expense Details
  • Operating Expense: $24,090
  • New Taxes Expense: $10,937
  • Fuel Expense: $0
  • Electric Expense: $4,000
  • Insurance Expense: $1,500
  • Maintenance Expense: $2,500
  • Professional Management Expense: $8,070
  • Trash Expense: $0
  • Water Sewer Expense: $1,000
  • Total Expenses: $28,007
Tax / Assessment Info
  • Tax Tract Number: 2512
  • Tax Census Tract: 104.34
  • Tax Lot: 84
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Golf
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ductless, Evaporative Cooling
  • Heating Type: Ductless, Wall
  • Heating: Ductless, Wall Furnace
  • Flooring: Laminate, Vinyl
Exterior Features
  • Entry Location: 2
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Conventional Septic
  • Utilities: Cable Connected, Electricity Connected
  • Electric: Cable Connected, Electricity Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Assigned, Detached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $725
  • Unit Type Total Rent: $725
  • Unit Type Pro Forma: 800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number With Range: 6
  • Number With Refrigerator: 7

Property History for 73636 Cactus Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 73636 Cactus Drive

Taxable ValueLand$38,278Additions$366,372Total$404,650
Tax Record2023$4,458 ($371 / month)
Home Facts
Total Finished SqFt3,860 SqFtAbove Grade Finished SqFt3,860 SqFtLot Size34,414 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountySAN BERNARDINOAPN0617-114-24-0000

Schools near 73636 Cactus Drive

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
Palm Vista 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.

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73636 Cactus Drive is a mixed use property for sale in Twentynine Palms, CA 92277. This property was listed for sale on March 12, 2024 by Coldwell Banker Roadrunner, it's currently listed at $850,000. It has been on the market for a total of 44 days and was last sold on September 19, 2017. This listing's school district is Morongo Unified School District. Nearby schools include Palm Vista Elementary School, Twentynine Palms Junior High School and Twentynine Palms High School. 73636 Cactus Drive is a 1-bed, 7-bath, 3,860 sqft mixed use property built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Roadrunner, 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.