55700 29 Palms Hwy, Yucca Valley, CA 92284
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55700 29 Palms Hwy Yucca Valley, CA 92284

$790,000
  • 2 Beds
  • 3 Baths
  • 1,406 Sq.Ft.
For Sale
$790,000 Get Pre-Qualified

Map preview of 55700 29 Palms Hwy, Yucca Valley, CA 92284

Property Overview: 55700 29 Palms Hwy Yucca Valley, CA has 2 bedrooms, 3 bathrooms, 1,406 living square feet and 13,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Outstanding opportunities are abundant with this amazing commercial/mixed use property in the heart of Old Town Yucca Valley. Currently housing the popular Luna Bakery, this building includes an additional unit in the rear with a spacious apartment including a fully renovated kitchen, 1 bedroom and private bath with a cozy living room. Outside has been beautifully updated with a stylish walkway, outdoor bar, garage, retro travel trailer and seating area and fire pit. Ideally located next to the city's proposed Old Town Public Square and Visitor parking which will consist of building a parking lot to accommodate approximately 97 +/- vehicles, 4 dual-port electrical vehicle charging stations, restrooms, shade structure and lighting with an anticipated completion of November 2024. This building's location affords numerous development opportunities.

Listed by Sandra Boldt | BRE #01732326 | Cherie Miller & Associates
Last checked: 15 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
13,500
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
JT24067820
City
Yucca Valley
County
San Bernardino
Time on Site
69 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,100
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 55700 29 Palms Hwy

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Has Fence
  • Good Condition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 0586321180000
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: On the north side of Hwy 62
View more facts & features

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Sale History for 55700 29 Palms Hwy

Last sold for $219,000 on July 2nd, 2018
  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: JT24067820

    $790,000

    Price

  • July, 2018

  • Jul 8, 2018

    Date

    Sold

    CRMLS: SR17237093

    $219,000

    Price

  • Jun 4, 2018

    Date

    Pending

    CRMLS: SR17237093

    $250,000

    Price

  • Oct 20, 2017

    Date

    Active

    CRMLS: SR17237093

    $250,000

    Price

  • Listing provided courtesy of CRMLS

    A great opportunity to own a commercial retail/office/business/other purpose building with a rent potential of $1800. If you have an idea you can manifest it.Great location with highway frontage . Stand alone building with room for expansion and ample amount of parking.The property has a small kitchenette, bathroom and a single garage/storage. Property located next to Valero gas station. Currently rented @ $1500/month. Existing lease valid till June 2019.

  • July, 2018

  • Jul 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $219,000

    Price

  • December, 2016

  • Dec 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $145,000

    Price

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Tax History for 55700 29 Palms Hwy

Assessed Value (2020): $223,380
Year Land Value Improved Value Assessed Value
2020 $44,880 $178,500 $223,380

Home Value Compared to the Market

This property vs the competition

55700 29 Palms Hwy is listed 75.56% higher than the median list price for the city of Yucca Valley which has a median list price of $450,000. The median price per/sqft for Yucca Valley is $292 and this home is listed at $561.88 per/sqft which puts the price per square foot 92.42% higher than the median price per square foot for the city of Yucca Valley.

About 55700 29 Palms Hwy

Detailed summary of property

55700 29 Palms Hwy is a mixed use located in Yucca Valley, CA 92284 and is currently for sale. This mixed use property offers 2 bedrooms, 3 bathrooms, roughly 1,406 living square feet, and sits on an approximately 13,500 square foot lot. 55700 29 Palms Hwy was first listed on ArdentRealEstateGroup.com on April 9, 2024. The homeowner is currently asking $790,000. The median priced home in Yucca Valley is $450,000 with a median price per square foot of $292. Based on Ardent Real Estate Group's Yucca Valley Market Data, this home is listed 75.56% higher than the median priced home. Local competing homes currently for sale include 16246 Arrow Blvd, 10221 hole and 5111 Felspar St. While the average home in Yucca Valley, CA is selling in 89 days, 55700 29 Palms Hwy has a days on market of 58 days. There are currently 300 homes for sale in the Yucca Valley real estate market and 299 of them are single family homes while 1 of them are condos and 0 are townhomes. For more information on this home for sale at 55700 29 Palms Hwy Yucca Valley, CA 92284 contact Ardent Real Estate Group and we will put you in touch with one of our Yucca Valley agents.

Public Facts for 55700 29 Palms Hwy

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
1,406
Lot Size
13,500
Stories
--
Type
Commercial Office (General)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0586-321-18-0000

The source for these homes facts are from public records.

92284 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$450,000
Median List Price/Sq.Ft.
$292
Median Sold Price
$410,000
Median Sold Price/Sq.Ft.
$262
Total Inventory
300
Median Sale to List Price %
97.85%
Avg Days on Market
45
Loan Type
Conventional (38.1%), FHA (16.67%), VA (11.9%), Cash (21.43%), Other (9.52%)

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Related Resources to 55700 29 Palms Hwy

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.