73741 Serrano, 29 Palms, California 92277, 29 Palms, 92277 - 2 bed, 2 bath
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29 Palms, California 92277
This Value-Add Desert Project is a High-Potential Investment Opportunity with a List Price of $148,000. Although the current Fair Market Value is $92,816, the property offers significant upside through the renovation of its 1955 structure and unpermitted garage conversion. Situated on a high-utilization 8,000 sqft lot with Desert and Hill Views within the Morongo Unified district, the location is prime for military housing or short-term rentals near Joshua Tree National Park. This Fixer-Upper is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to build equity.
Property is extensive renovation needed.
Built in 1955 and explicitly marketed as a 'project' and 'fixer-upper,' the property requires substantial rehabilitation. While the bathroom features a newer walk-in tile shower, the rest of the home shows significant deferred maintenance, including unfinished flooring, exposed conduits, an unpermitted garage conversion with DIY-quality finishes, and a dated kitchen. The overall condition suggests the need for major system overhauls and structural finishing to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 988.
The property is ideally situated near Joshua Tree National Park, the 29 Palms Marine Corps Base, and Tortoise Rock Casino, making it a prime candidate for short-term rentals or military housing.
With a spacious bonus room and a garage conversion featuring a mini-kitchen and bathroom, the layout offers significant versatility for guest quarters, a studio, or a home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The garage conversion is unpermitted, which may complicate traditional financing options, impact appraisal values, and require future permitting corrections with the city.
Built in 1955 and marketed as a 'project,' the home likely requires substantial capital expenditure for modernization and structural repairs to meet current market standards.
Looking for a project in 29 Palms! This property has incredible potential. The main home features 2 bedrooms and 1 bathroom, an open-concept living room and kitchen, and a spacious bonus room perfect for an office, studio, or additional living space. The bathroom includes a walk-in tile shower for a modern touch. An unpermitted garage conversion adds extra flexibility, offering a mini kitchen and additional bathroom—ideal for guests, hobbies, or future improvements. Located near the Tortoise Rock Casino, and just a short drive to Joshua Tree National Park and the 29 Palms Marine Corps Base, this property offers both convenience and strong investment potential. Bring your vision and make this desert opportunity your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 988 | 1,184 | 28% |
| Lot Size | 8,000 | 14,400 | 14% |
| Price | $138.0K | $250.0K | 10% |
| Price per sq ft | $140 | $224 | 7% |
| Built year | 1955 | 1966 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 195 | 26% |
Apr 11, 2026
$138,000
$148,000
-7% Price Drop
Initial Listing
Mar 16, 2026
$148,000
$158,000
-6% Price Drop
Initial Listing
Feb 12, 2026
$158,000
$168,000
-6% Price Drop
Initial Listing
Jan 15, 2026
$168,000
$177,750
-5% Price Drop
Initial Listing
Dec 10, 2025
$177,750
Initial Listing
Jun 1, 2023
$255,000
Public Record
Nov 8, 2019
$140,000
Public Record
Aug 12, 2019
$63,000
Public Record