35325 Wilshire Road
Lucerne Valley, CA 92356
- 2 beds
- 2 baths
- 1,200 sqft
- ~20 acre lot
- $541 per sqft
- 1980 build
- – on site
Incredible Income Potential! This Lucerne Valley property features a 10-acre parcel, as well as another 10-acre parcel, for a grand total of 20 acres. The land is currently home to approximately 1600 7-year-old Jujube trees, generating an annual income of around $200,000 from the Jujube trees alone. In addition to this substantial revenue stream, there are also earnings from various other fruit trees like persimmons on the premises. As the Jujube trees mature, you can expect annual yields to increase by 20-30% per year. The property is well-equipped, featuring two storage houses with permits and commercial licenses. There are also machinery assets, including two automatic drying machines (originally valued at $50,000). Water supply is abundant with two wells on the property. One features a 5-horsepower electric pump capable of delivering 80 gallons per minute, while the other is equipped with a 3-horsepower electric pump capable of 50 gallons per minute. Additionally, the property includes five greenhouses and a specialized car park greenhouse. Convenience is not overlooked, as the property features two separate standalone bathrooms with water heaters, one of which includes a shower. The entire 20-acre property is securely fenced. The living quarters consist of a 2-bedroom, 2-bat
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Last updated Apr 17, 2024
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MLS# CRTR23164236 —
Monthly cost estimate
Asking price
$650,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,480
|
| Taxes | N/A |
| Insurance | $178 |
| Utilities | $203 See report |
| Total | $3,861/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
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Air Pollution Index
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/5/23
Sep 5, 2023
|
Listed / Active | BRIDGE | $650,000 | 702.5% (82.9% / YR) |
|
3/18/15
Mar 18, 2015
|
CRMLS_CA | $81,000 | 2.5% | |
|
12/17/14
Dec 17, 2014
|
CRMLS_CA | $79,000 |