6425 Mariposa
29 Palms, CA 92277
- – beds
- – baths
- – sqft
- ~3 acre lot
- 1948 build
- – on site
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Partially rehabbed 12 unit complex on 2.64 acres which includes 7 buildings consisting of 4 individual 1/1 houses with attached carports, a duplex containing a 2/1 with fireplace, and a large 1 bedroom 1 bath apartment. In addition, there are 6 more units consisting of 3 studios, 1 2/1, and a 1/1 which were remodeled from an old hotel. Many of the units have been restored, and most are rented. Some of the units still need to be rehabbed. This property is appropriate for experienced rehab buyers, and is priced accordingly. Infrastructure including gas and water lines have been renovated as well. The property is zoned tourist commercial, so vacation rentals and other occupancy options can be implemented. This property provides great cash flow and rents are relatively low. There's a lot of opportunity for a cash flow investor and seller will finance with attractive terms with a reasonable amount down.
Listed By CRMLS_CA / Jeffrey Zatlin / RE/MAX Consultants, Palm Springs
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Last updated Apr 21, 2024
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MLS# JT19195033 —
Walk Score®
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Bike Score®
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Max Internet Speed
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/16/20
Jul 16, 2020
|
Sold | CRMLS_CA | $430,000 | -13.1% |
5/26/20
May 26, 2020
|
Sold Subject To Contingencies | CRMLS_CA | $495,000 | |
4/7/20
Apr 7, 2020
|
Price Changed | CRMLS_CA | $495,000 | 6.5% |