
29 Palms, California 92277
This duplex represents a Strong Value Opportunity, listed at $232,500—positioned well below the $249,545 Fair Market Value by 6%. This valuation gap offers $17,045 in Instant Equity. With a Condition Rating of 3, the property features one refurbished unit and significant upside through cosmetic updates to the second unit. The 7,200 sqft lot provides potential for an ADU, making this a prime Buy-and-Hold Asset for Value-Add Investors or first-time buyers seeking to house-hack in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6667 Desert Queen Subject | $232,500* List Price | 3 | 2 | 1,104 | $226 | - |
A 6455 Tamarisk Sold | $300,000 | 0 | 0 | 1,325 | $226 | 0.3 mi |
B 6416 East Court Way Active | $250,000 List Price | 4 | 2 | 1,200 | $208 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1954, the property is well-maintained with one unit recently refurbished featuring modern LVP flooring and fresh paint. It is move-in ready and functional, though the presence of window AC units indicates older systems and one unit still requires cosmetic updates.
This duplex offers immediate cash flow with one refurbished unit and a second unit currently rented below market, providing a clear opportunity to increase ROI through strategic updates.
The generous 7,200 sqft lot provides potential for an additional dwelling unit (ADU) or a Boxable-style structure, allowing investors to maximize the property's density and long-term value.
Listed at $232,500 in a high-demand rental market, this property represents a rare entry-level investment opportunity for the growing Twentynine Palms area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The smaller unit requires updates and the 1954 construction may necessitate modernizing older systems to meet current tenant expectations and safety standards.
The assigned elementary school has a low rating of 2/10, which may limit the property's appeal to families with young children and impact long-term tenant stability.
Great price on this income-producing duplex in the growing city of Twentynine Palms. The property features a 2-bedroom/1-bath unit A and a 1-bedroom/1-bath unit B, both offering strong rental appeal. The smaller unit is rented below market and ready for some updates, and the larger unit is recently refurbished, freshly painted, and ready to rent, with current photos. Plenty of on-site parking and excellent access to shopping, dining, and all local retail. Just minutes from Yucca Valley with its antique shops and great eateries. The property offers steady cash flow with room to increase income through strategic updates and management. Gorgeous High Desert views surround the home, and the large lot may offer potential for an additional unit. Buyers can verify options with the city, including possibilities like a Boxable-style structure. A rare opportunity at this price point in a high-demand rental market.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 64% |
| Baths | 2.0 | 0.0 | 64% |
| Square foot | 1,104 | 1,482 | 9% |
| Lot Size | 7,200 | 8,832 | 36% |
| Price | $232.5K | $300.0K | 9% |
| Price per sq ft | $211 | $204 | 64% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 180 | 9% |
Apr 23, 2026
$232,500
Initial Listing
May 3, 2021
$175,000
Public Record
May 9, 2014
$92,000
Public Record
Feb 25, 2013
$32,500
Public Record
Jul 5, 2006
$135,000
Public Record