7344 Palm Avenue, Yucca Valley, California 92284, Yucca Valley, 92284 - 0 bed, 0 bath
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Yucca Valley, California 92284
This Triplex Asset presents a High-Potential Investment Opportunity with a List Price of $549,900, which is positioned accurately at its $549,900 Fair Market Value. The property features three independent residences on a single lot, each equipped with separate utility meters and offering distant mountain views. Although the Condition Rating of 4 suggests a need for modern updates, the proximity to Joshua Tree and the recent price adjustment maximize rental yield potential. This versatile setup is ideal for Buy-and-Hold Investors or Multi-generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7344 Palm Avenue Subject | $549,900* List Price | 0 | 0 | 3,284 | $167 | - |
A 56164 56164 Papago Sold | $390,000 | 0 | 0 | 2,024 | $193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property shows its age with largely outdated kitchens and bathrooms, featuring tile countertops, older appliances, and dated fixtures. While one unit benefits from newer LVP flooring and fresh paint, making it move-in ready, the overall aesthetic and major components indicate a need for significant cosmetic and potential system updates to meet modern standards. The second unit is more rustic and dated with exposed beams and brick walls. The property is functional but clearly aged.
The property features three separate homes on a single lot, explicitly marketed as an 'Incredible Investment Opportunity' with 'strong rental potential', offering multiple income streams.
Each home is equipped with its own water and electric meter, and individual propane tanks, simplifying tenant billing and management for investors.
This unique setup provides flexibility for various buyer profiles, including investors seeking rental income or families considering multi-generational living.
Built in 1966, the homes are older, suggesting potential for outdated systems, finishes, and the need for significant renovations or ongoing maintenance to meet modern standards.
The property is currently occupied, requiring appointments and strict instructions not to disturb tenants, which can complicate and limit showing availability for prospective buyers.
One of the units (7344 Palm Avenue) includes an 'office/bonus room (no closet)', which restricts its classification as a bedroom and may limit its functional use or appeal for some tenants.
Incredible Investment Opportunity – 3 Homes on One Lot! A rare find: three separate homes on a single lot, each with its own water and electric meter, and individual propane tanks. This unique setup offers strong rental potential and flexibility for investors or multi-generational living. • 56473 Pima Trail – 1 bed, 1 bath • 7344 Palm Avenue – 2 beds, 2 baths + office/bonus room (no closet) • 7416 Palm Avenue – 2 beds, 2 baths Prime location with easy access to local amenities and Joshua Tree. Shown by appointment only — please do not disturb the occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,284 | 1,948 | 83% |
| Lot Size | 40,920 | 12,375 | 67% |
| Price | $549.9K | $340.0K | 83% |
| Price per sq ft | $167 | $180 | 50% |
| Built year | 1966 | 1979 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 278 | 181 | 0% |
Sep 18, 2025
$549,900
Initial Listing
Jul 18, 2025
$599,900
Initial Listing