73615 Sun Valley Drive, 29 Palms, California 92277, 29 Palms, 92277 - 0 bed, 0 bath
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29 Palms, California 92277
This Quadruplex Residential Income Asset is listed at $530,000, representing a stable investment opportunity priced in line with its $520,970 Fair Market Value. Currently maintaining a Fair Condition Rating, the property offers a strategic value-add component with two units already renovated and two units providing immediate potential for modernization to capture market rents. Residents benefit from Climate-Optimized Cooling and expansive Desert and Hill Views in a high-demand rental market near the Marine Base. This multi-family property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists looking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73615 Sun Valley Drive Subject | $530,000* List Price | 0 | 0 | 3,172 | $164 | - |
A 73601 Sun Valley Drive Active | $499,900 List Price | 0 | 0 | 3,172 | $158 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this 48-year-old property is partially renovated. While two units feature recent interior updates like new LVP flooring and fresh paint, the remaining two units are dated and require upgrades. The cooling systems (swamp coolers) and exterior condition reflect the property's age, placing it in the 'Fair' category as it requires further modernization to maximize value.
With two units already renovated and two awaiting upgrades, this property allows investors to capture immediate rental income while building equity through strategic improvements to the remaining units.
Each unit is equipped with both air conditioning and swamp coolers, providing tenants with versatile and cost-effective climate control options essential for the high-desert environment.
The consistent 2-bedroom, 1-bathroom layout across all four units provides a highly marketable floor plan that appeals to the area's core rental demographic, including military personnel and local families.
The property is only partially renovated, requiring additional upfront investment to modernize the remaining two units before the asset can reach its full income potential.
The assigned elementary school carries a low rating of 2/10, which may impact the property's long-term appeal to family-oriented tenants seeking high-performing school districts.
This 4-plex investment property offers a strong opportunity for both immediate rental income and long-term value growth. Each unit features 2 bedrooms and 1 bathroom, with a spacious, open floor plan designed for comfortable, modern living. The front two units have been recently renovated and are ready for new tenants, while the remaining units provide potential for upgrades and increased rental returns. Each unit is equipped with its own air conditioning system and swamp cooler, allowing residents to customize their comfort year-round. Centrally located, the property provides convenient access to local amenities, schools, shopping centers, and public transportation. On-site parking is available for residents. Whether you're looking to expand your portfolio or invest in a property with value-add potential, this 4-plex presents an excellent opportunity to renovate, increase rents, and maximize returns.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.7 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,172 | 2,366 |
| Lot Size | 12,000 | 71,340 |
| Price | $530.0K | $310.3K |
| Price per sq ft | $167 | $172 |
| Built year | 1976 | 1966 |
| HOA | $0 | $0 |
| Days on market | 0 | 124 |
May 5, 2026
$530,000
Initial Listing
Jul 12, 2001
$100,000
Public Record