
29 Palms, California 92277
This duplex presents a Prime Investment Opportunity with a List Price of $245,000—positioned well below the $251,399 Fair Market Value by 2%. This valuation gap offers $6,399 in Instant Equity. Featuring a Condition Rating of 3, the property includes recent 2025 upgrades like new water heaters and evaporative coolers. Its strategic location near the Marine Base ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a cash-flowing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6688 Yucca Ave Subject | $245,000* List Price | 0 | 0 | 1,200 | $209 | - |
A 6455 Tamarisk Sold | $300,000 | 0 | 0 | 1,325 | $226 | 0.3 mi |
B 6667 Desert Queen Active | $232,500 List Price | 0 | 0 | 1,104 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1955, the property has undergone significant recent maintenance and updates including a 7-year-old roof, 3-year-old exterior paint, and brand new (2025) evaporative coolers and water heaters. The interior features new LVP flooring throughout and one newly remodeled bathroom, making it functional and move-in ready despite some dated kitchen elements.
The property is listed at $245,000 despite a recent appraisal at $264,000, providing the buyer with approximately $19,000 in immediate built-in equity.
Significant capital improvements include new 2025 evaporative coolers and water heaters, a 7-year-old roof, and refreshed interiors with new LVP flooring and a remodeled bathroom.
Centrally located near the Marine Base and downtown, this duplex offers a proven rental history and positive cash flow in a high-demand area for military and local tenants.
Originally built in 1955, the property may have aging structural or utility components typical of mid-century homes that require more frequent maintenance than newer builds.
The reliance on evaporative coolers rather than central refrigerated air conditioning may be less effective during periods of high humidity and extreme desert heat.
SELLER SAYS BRING AN OFFER! These well-maintained duplexes have an excellent rental history with positive cash flow. Centrally located near the Marine Base and downtown. Both units have been recently refreshed with new LVP plank flooring, new blinds, and screens. 6688 has a newly remodeled bathroom. The exterior was painted 3 years ago, and the roof was replaced 7 years ago. Both evaporative coolers were replaced in 2025. Both water heaters were also replaced in 2025. Both units come with a washer, dryer, refrigerator, microwave oven, and stove top and oven. Tenants pay electricity and gas. There is one attached wall and lots of parking. We were in escrow and had an FHA & Conv appraisal at $264,000.Buyer unfortunately could not qualify. Built-in equity at this price.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,200 | 2,846.667 |
| Lot Size | 7,200 | 54,426.667 |
| Price | $245.0K | $350.1K |
| Price per sq ft | $204 | $159 |
| Built year | 1955 | 1972 |
| HOA | $0 | $0 |
| Days on market | 15 | 152 |
Aug 26, 2026
$245,000
Initial Listing
Aug 25, 2026
$145,000
Initial Listing
Mar 14, 2012
$72,000
Public Record
Jun 3, 2002
$39,000
Public Record
Aug 6, 1999
$40,000
Public Record