
29 Palms, California 92277
This High-Potential Investment Opportunity is a Dual-Unit Asset listed at $250,000—positioned well below the $250,918 Fair Market Value by 0.37%. Featuring a Fair Condition Rating, this 1940 adobe-style duplex offers a 9,420 sqft lot with significant value-add potential through cosmetic modernization. The vacant status allows for immediate market-rate rent setting, providing a stable foundation for long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through strategic house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6582 Manzanita Avenue Subject | $225,000* List Price | 3 | 2 | 1,460 | $156 | - |
A 6952 Juniper Avenue Sold | $260,000 | 3 | 2 | 1,369 | $190 | 0.8 mi |
B 71762 El Paseo Sold | $161,700 | 3 | 2 | 1,316 | $123 | 0.8 mi |
C 6686 Mojave Avenue Sold | $185,000 | 2 | 2 | 1,068 | $173 | 0.3 mi |
D 6206 Abronia Sold | $182,500 | 2 | 1 | 1,082 | $169 | 0.6 mi |
E 6062 Daisy Avenue Sold | $199,888 | 3 | 1 | 1,050 | $190 | 0.8 mi |
F 6535 El Sol Avenue Active | $239,000 List Price | 3 | 2 | 1,416 | $169 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is significantly aged but has received some cosmetic updates including newer laminate flooring and paint. While functional and move-in ready for tenants, the reliance on window AC units suggests dated climate systems, and the overall adobe structure and exterior show wear consistent with a 'Fair' rating requiring minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9420, living area = 1460.
The property features two separate, detached units that are both currently vacant, allowing an investor to set market-rate rents or a homeowner to occupy one unit while offsetting the mortgage with the other.
Built in 1940 with authentic adobe style, the structure offers exceptional durability and historical character, described as a 'solid as a rock' foundation that has been reinforced over the decades.
The listing's 'don't judge a book by its cover' advisory suggests that the property may have deferred maintenance or dated exterior aesthetics that could require immediate cosmetic investment.
As a structure dating back to 1940, the property likely requires careful inspection of its original systems to ensure they meet modern energy efficiency and building code standards.
DUPLEX with TWO SEPARATE UNITS near downtown with HUGE YARD. The first unit faces the street, while the second Detached Unit is located on opposite side of the HUGE back yard. Interior courtyard is a fully-fenced, secure area great for family, pets and privacy. Live in one, rent the other to pay your mortgage. Or rent both – a great investment opportunity. Both units are presently vacant, so you can set the rent prices and you can pick your own tenants. Seasoned landlords prefer picking their own tenants and setting their own prices, especially with the new State Laws regarding Rent Control. This investment is your chance to set your own destiny. As one of the original duplexes in 29 Palms constructed in 1940, it’s Solid as a Rock, built in authentic adobe style and updated and re-enforced through the years to withstand damn near anything. Don’t judge this book by its cover – this is one seriously tough duplex that has seen more history than most will ever know. Priced competitively to boot!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,460 | 1,205.897 |
| Lot Size | 9,420 | 15,574.879 |
| Price | $225.0K | $259.5K |
| Price per sq ft | $154 | $203 |
| Built year | 1940 | 1974 |
| HOA | $0 | $250 |
| Days on market | 27 | 98 |
Aug 30, 2026
$225,000
$250,000
-10% Price Drop
Initial Listing
Aug 13, 2026
$250,000
Initial Listing
Oct 18, 2010
$42,000
Public Record
Mar 7, 2006
$165,000
Public Record
Oct 26, 1999
$55,000
Public Record