62044 Chollita Road , Joshua Tree, CA 92252
Joshua Tree, CA 92252
Description
Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.
Details
| Mls | 219117081DA |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 82 |
| Listing Provided By | Equity Union (760) 621-0395 | Serena Leiterman |
Features
| Garage | 4 |
|---|---|
| Car Port | Yes |
| Storys | 1 |
| Units | 9 |
| Buildings | 5 |
| Acreage | 1.33 |
| Property View | Yes |
Market Activity 92252
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Joshua Tree |
| Zip Code | 92252 |
| Area | DC621 Old Town West |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $2,100,000 low | high Med: $415,000 On Site: 82 low | high Med: 206.000000 | |
