73624 Sunnyvale, 29 Palms, California 92277, 29 Palms, 92277 - 0 bed, 0 bath
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29 Palms, California 92277
This Fourplex presents a High-Potential Investment Opportunity with a List Price of $589,000—positioned above the $471,804 Fair Market Value. While the property requires a premium, it offers a stable, fully occupied Residential Income asset with a Condition Rating of 5. Featuring a newer roof, spacious 2-bedroom units, and panoramic desert and mountain views, this property provides consistent rental demand near the military base and Joshua Tree. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate, income-producing real estate in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73624 Sunnyvale Subject | $589,000* List Price | 0 | 0 | 3,808 | $124 | - |
A 73615 Sun Valley Drive Active | $530,000 List Price | 0 | 0 | 3,172 | $167 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1985 (39 years old), placing it in the >30-year category. While described as well-kept, the interior images reveal dated fiberglass tub surrounds and original finishes. The age of the structure and systems, combined with the need for significant modernization of kitchens and baths to address the 'old-fashioned' state, aligns with the poor rating criteria.
The property is fully occupied with a proven rental history and is strategically located near a military base and Joshua Tree National Park, ensuring consistent tenant demand.
Featuring a newer roof and well-maintained interiors, this 1985-built fourplex offers a turnkey investment opportunity with reduced immediate capital expenditure requirements.
Each of the four units features a spacious two-bedroom, 1.75-bathroom layout, which is highly attractive to the local rental market and supports premium rent levels.
The owner is responsible for water and trash expenses, which increases monthly operating costs and impacts the overall net operating income for the investor.
Local elementary school ratings are relatively low (2/10), which could potentially limit the long-term appeal for families seeking high-performing educational districts.
Excellent investment opportunity! This well kept Fourplex features spacious units with two bedrooms and one and three quarter baths, offering comfortable living for tenants and strong income potential for investors. A fantastic opportunity for a new buyer looking to expand their portfolio or begin investing in income producing property. Conveniently maintained with great rental appeal, and newer roofing, this property is full of potential and ready for it's new owner. Strong rental demand in a great location!!! Close to Military Base and local shopping and Joshua Tree National Park. Seller pays for water and trash. SEIZE THIS PRIME BUSINESS OPPORTUNITY AND START GENERATING INCOME TODAY!!! All units are currently rented as of 05/26.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.8 mi
Grades 7-8 • 1.1 mi
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 | 3,808 | 1,483 | 91% |
| Lot Size | 20,600 | 8,864 | 91% |
| Price | $589.0K | $300.0K | 91% |
| Price per sq ft | $155 | $186 | 36% |
| Built year | 1985 | 1961 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 180 | 9% |
May 22, 2026
$589,000
Initial Listing
Jun 1, 2016
$235,000
Public Record
Sep 9, 2015
$130,000
Public Record
Sep 29, 2004
$255,000
Public Record