
29 Palms, California 92277
This High-Potential Investment Opportunity is a Triplex listed at $399,000, positioned above the $351,357 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3 and includes a Paid-Off Solar System, significantly reducing long-term operating expenses. Situated on a Large Double Lot in downtown 29 Palms, this asset offers immediate rental appeal with mountain views and proximity to local amenities. This is a stable, income-generating acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6655 Split Rock Subject | $399,000* List Price | 0 | 0 | 1,528 | $230 | - |
A 6455 Tamarisk Sold | $300,000 | 0 | 0 | 1,325 | $226 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the property is listed as recently remodeled and well-maintained. Exterior photos show updated vinyl windows and the inclusion of a paid-off solar system suggests updated electrical components. As a 'clean' triplex, it appears move-in ready and functional for tenants.
The property features solar panels that will be paid off in full at closing, providing a significant financial advantage by reducing utility overhead in the desert climate.
Situated on a large double lot in the heart of 29 Palms, the property offers excellent walkability to local restaurants and shopping, significantly increasing its rental appeal.
This recently remodeled triplex combines modern updates with Spanish old-world charm, offering a move-in-ready investment opportunity with ample parking and scenic mountain views.
Originally built in 1954, the property may have underlying structural or systemic components that require more frequent maintenance compared to modern builds.
The assigned elementary school carries a low rating of 2/10, which could be a deterrent for families and potentially impact the long-term tenant profile.
Here's the Deal! a clean triplex downtown close to restaurants and shopping on a double lot with lots of room for parking and solar to be paid off at closing! Recently remodeled but with Spanish old-world charm! Property includes 2 1bed/1bath apartments and 1 studio with Kitchenette.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,528 | 2,846.667 |
| Lot Size | 14,397 | 54,426.667 |
| Price | $399.0K | $350.1K |
| Price per sq ft | $261 | $159 |
| Built year | 1954 | 1972 |
| HOA | $0 | $0 |
| Days on market | 28 | 152 |
Aug 12, 2026
$399,000
Initial Listing
Aug 6, 2021
$365,000
Public Record
Oct 29, 1999
$45,500
Public Record