88020 Amboy Road
29 Palms, CA 92277
- 1 bed
- 1 bath
- 738 sqft
- ~5 acre lot
- $135 per sqft
- 1958 build
- – on site
Nestled amidst the breathtaking desert landscape of 29 Palms, California, lies a diamond in the rough—a property brimming with untapped potential and investment opportunities. Welcome to this charming 1-bedroom, 1-bath abode boasting 700 square feet of living space, situated on a sprawling 5-acre plot of land. Despite its current state requiring substantial repairs, this property holds the promise of transformation into a lucrative investment venture. The presence of a well on-site not only ensures a reliable water source but also adds to the allure of self-sustainability—a desirable feature for eco-conscious investors or those seeking off-grid living options. Strategically located in close proximity to renowned tourist destinations such as Joshua Tree and Yucca Valley, this property benefits from the steady influx of visitors year-round. The allure of the nearby Joshua Tree National Park, with its stunning desert vistas and iconic Joshua trees, ensures a constant stream of tourists seeking accommodation options. Additionally, Yucca Valley's vibrant arts scene, eclectic shops, and cultural events provide ample opportunities for attracting both short-term vacationers and long-term renters. Priced at a mere $100,000, this property presents an irresistible opportunity for the savvy investor. With a vision for revitalization and a keen eye for potential, the possibilities are endless. Whether you're looking to flip for a quick profit, establish a lucrative rental income stream, or delve into the world of vacation rentals, this property serves as a blank canvas awaiting your creative touch. Imagine transforming this humble dwelling into a charming desert retreat, complete with modern amenities and stylish décor, offering guests a tranquil oasis amidst the rugged beauty of the Mojave Desert. With careful planning and strategic investment, the initial purchase price could pale in comparison to the substantial returns awaiting those bold enough to seize this golden opportunity. Don't miss your chance to own a piece of California's enchanting desert landscape and unlock the hidden potential of this remarkable property. Embrace the allure of desert living, capitalize on the burgeoning tourism industry, and embark on a journey towards financial prosperity with this investment gem in 29 Palms.
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Last updated May 2, 2024
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MLS# IV24082522 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$100,000
| 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. |
$535
|
| Taxes | N/A |
| Insurance | $27 |
| Utilities | $173 See report |
| Total | $735/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/24/24
Apr 24, 2024
|
Listed / Active | CRMLS_CA | $100,000 | |
|
7/10/23
Jul 10, 2023
|
Listed / Active | BRIDGE | ||
|
6/5/23
Jun 5, 2023
|
Listed / Active | BRIDGE |