6563 Oasis, 29 Palms, California 92277, 29 Palms, 92277 - bed, bath
6563 Oasis
29 Palms, California 92277
Property Price
SUMMARY
Analysis of 6563 Oasis, 29 Palms, California 92277 is currently available with a list price of $1,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the 29 Palms Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1936, the property has been 'fully renovated' with 'modern kitchens, baths, fixtures, and finishes' as stated in the description. The images confirm this, showing new white shaker cabinets, stainless steel appliances, light countertops, subway tile backsplash, modern black hardware and faucets, and new laminate/LVP flooring. The interiors appear virtually new and meet current quality standards, indicating an extensive renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Financial Performance
The property boasts a strong 6.8% cap rate and 8.75 GRM on current rents, with potential for increased income up to $10,200/month, indicating excellent cash flow and investment return.
- Turnkey & Fully Renovated
All nine units have been fully renovated with modern kitchens, baths, fixtures, and finishes, presenting a turnkey asset requiring minimal immediate capital expenditure for a new owner.
- Stable Tenant Demand & Location
Proximity to the Marine Corps base and downtown amenities ensures stable tenant demand and high occupancy rates, contributing to consistent rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3240, other record living area = 2654.
- Age of Property & Potential System Issues
Built in 1936, despite interior renovations, the underlying age of the building's core systems (e.g., plumbing, electrical, roof, foundation) may lead to unforeseen capital expenditures in the future.
- Small Unit Footprint
With 9 units totaling 3,240 sqft, the average unit size is approximately 360 sqft, which is quite small and could limit the tenant pool or lead to higher turnover if tenants seek more spacious living arrangements.
About 6563 Oasis
Fully renovated 9-unit multifamily property in the growing Twentynine Palms market. With a strong 6.8% cap rate and 8.75 GRM on current rents, this turnkey asset features 4 studios, 4 one-bed units, and 1 two-bed unit across 3,240 SF. All interiors have been updated with modern kitchens, baths, fixtures, and finishes. Current scheduled rents total $9,425/month with market potential of $10,200/month. Property sits on a 21,600 SF lot with ample open parking. Low expenses and stable tenant demand driven by proximity to the Marine Corps base and downtown amenities. Excellent opportunity for investors seeking strong cash flow and minimal renovation needs.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1936
- Lot Size
- 21,600 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
29 Palms Unified Schools
Oasis Elementary School
Grades K-6 • 0.6 mi
Palm Vista Elementary School
Grades K-6 • 1.4 mi
Twentynine Palms Junior High School
Grades 7-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 3,240 | 2,546 | 50% |
| Lot Size | 21,600 | 14,928 | 50% |
| Price | $1.00M | $660.0K | 50% |
| Price per sq ft | $309 | $241 | 50% |
| Built year | 1936 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 180 | 50% |
Pricing History
Listed for Sale
Nov 21, 2025
$1,000,000
Initial Listing
Sold
Nov 10, 2022
$510,000
Public Record
Sold
Aug 16, 2019
$200,000
Public Record
Sold
Aug 18, 2011
$110,000
Public Record
Sold
Apr 30, 2001
$82,000
Public Record