74262 El Paseo Drive, 29 Palms, California 92277, 29 Palms, 92277 - 4 bed, 2 bath

74262 El Paseo Drive
29 Palms, California 92277
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74262 El Paseo Drive Subject | $175,000* List Price | 4 | 2 | 1,342 | $75 | - |
A 73971 Samarkand Drive Sold | $220,000 | 4 | 2 | 1,346 | $163 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1948, this multi-structure compound requires a full rehabilitation. The kitchen and bathrooms are severely outdated with aged fixtures, and the interior shows significant wear, including distressed flooring and weathered surfaces. While the listing suggests solid structural 'bones,' the property currently lacks modern systems and finishes, necessitating substantial repairs and modernization to be comfortably livable.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27200, living area = 1342.
- Multi-Structure Versatility
The unique compound features three separate structures, including a secondary two-bedroom unit and a workshop, providing exceptional flexibility for rental income, guest housing, or a creative studio.
- Significant Sweat Equity Potential
Priced competitively with 'solid bones' and block construction, this property offers a high-upside opportunity for investors or DIY buyers to build substantial equity through a full renovation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1342, other record living area = 942. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Extensive Rehabilitation Required
The property is in need of a complete rehab, which will require significant upfront capital, time, and management of major construction updates.
- Unrecorded Square Footage
The second residential structure is not reflected in current tax records due to its age, which may complicate traditional financing options and require additional permitting efforts.
About 74262 El Paseo Drive
Welcome to 74262 El Paseo Dr. in 29 Palms, California—a rare multi-structure property with tremendous sweat-equity potential. Situated on nearly three-quarters of an acre, this unique compound features three separate structures surrounding a central courtyard. The main residence is a two-bedroom, one-bath block-construction home with impressive open-beam wood ceilings, a spacious floor plan, a generous bathroom, tile flooring throughout most of the home, and an enclosed laundry area plus a screened porch. The second structure, though not reflected in current tax records due to the age of the property, includes two bedrooms, one bath, and a kitchen, offering flexibility for future use. The third structure is an oversized laundry room/workshop, providing valuable additional utility space. While the property will require a full rehab, the roof appears free of obvious leaks and the overall bones feel solid, making this an excellent candidate for transformation. In addition, a separate lot located directly behind the property is available for purchase, and the home next door is also for sale, creating a unique opportunity for buyers seeking to assemble a large multi-property compound.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 27,200 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,193 | 66% |
| Lot Size | 27,200 | 13,737.5 | 67% |
| Price | $175.0K | $256.5K | 13% |
| Price per sq ft | $130 | $224 | 8% |
| Built year | 1948 | 1972 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 197 | 9% |
Pricing History
Listed for Sale
Feb 5, 2026
$175,000
$200,000
-12% Price Drop
Initial Listing
Price Change
Dec 5, 2025
$200,000
Initial Listing
Sold
Dec 28, 1994
$20,000
Public Record















































