5372 Daisy, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This Value-Add Asset presents a significant renovation project with a List Price of $199,990. While the $135,898 Fair Market Value reflects its current Condition Rating of 5, the property offers a clear path to forced appreciation through modernization. Featuring a 3-bedroom, 2-bathroom layout on a 8,320 sqft lot with Desert Views and a Patio, it is strategically located in the Morongo Unified district near Twentynine Palms High School. This property is a prime candidate for investors looking to capture the area's high rental demand near the Marine Base. It is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5372 Daisy Subject | $199,990* List Price | 3 | 2 | 1,146 | $112 | - |
A 74036 Joshua Drive Sold | $188,000 | 2 | 1 | 992 | $190 | 0.4 mi |
B 6163 Sun Court Active | $230,000 List Price | 3 | 1 | 1,036 | $222 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 and sold strictly 'as-is,' this property is marketed as a 'fixer' or 'flip' opportunity requiring extensive renovation and modernization. The listing explicitly mentions significant investment is needed to reach market potential, and the property likely suffers from deferred maintenance in the kitchen, bathrooms, and major systems, making it a candidate for substantial rehabilitation rather than simple cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8320, living area = 1146.
Situated minutes from Joshua Tree National Park and the Marine Base, this property is in a high-demand area for both short-term rentals and military housing.
Priced to reflect its current state, the home offers a clear path to forced appreciation through modernization, making it an ideal candidate for a fix-and-flip or equity-building project.
The property is sold strictly in as-is condition and requires significant investment in repairs and updates to reach its full market potential.
Due to its current condition and 'as-is' sale status, the property may not qualify for traditional financing, likely requiring cash or hard money investors.
Positioned in the rapidly growing Twentynine Palms market, this property presents a compelling value-add opportunity with significant upside potential. Located just minutes from Joshua Tree National Park and the Marine Base, the area continues to attract investors, short-term rental operators, and long-term rental buyers seeking repositioning projects with strong return potential. Priced to reflect current condition, this property offers a clear path to forced appreciation through renovation and modernization. Renovated properties in the area are commanding substantially higher values, creating an attractive spread opportunity for experienced investors. Ideal for a flip, short-term rental conversion, or long-term rental hold. With the right vision and execution, this asset can be transformed into a high-demand desert retreat or income-producing property. Sold strictly as-is. Buyers to conduct their own due diligence. Tremendous upside opportunity in an investor-active corridor.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades 7-8 • 3.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,146 | 1,182 | 47% |
| Lot Size | 8,320 | 14,265 | 18% |
| Price | $200.0K | $252.0K | 20% |
| Price per sq ft | $175 | $224 | 19% |
| Built year | 1980 | 1970 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 196 | 2% |
Mar 3, 2026
$199,990
Initial Listing
May 24, 2024
$225,000
Public Record