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73538 Sun Valley Dr, 29 Palms, CA 92277
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73538 Sun Valley Dr 29 Palms, CA 92277

$839,000
  • 12 Beds
  • 8 Baths
  • 5,120 Sq.Ft.
For Sale
$839,000 Get Pre-Qualified
Map preview of 73538 Sun Valley Dr, 29 Palms, CA 92277

Property Overview: 73538 Sun Valley Dr 29 Palms, CA has 12 bedrooms, 8 bathrooms, 5,120 living square feet and 23,651 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: Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,650 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the property’s value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser. Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEP Unit 2: coming soon Unit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9 Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG

Listed by Sean Dittmer | BRE #02038631 | C & S Real Estate, Inc.
Last checked: 4 seconds ago | Last updated: May 23rd, 2024 | Source CRMLS | DOM: 55
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Home details

Lot Sq. Ft
23,651
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
JT24077846
City
29 Palms
County
San Bernardino
Time on Site
55 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,700
  • Net Operating Income: $70,477
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,223
  • Trash: $375
  • Insurance: $5,055
  • Water/Sewer: $1,793

Open Houses for 73538 Sun Valley Dr

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Property Details for 73538 Sun Valley Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0618281010000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Has Land Lead
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Frofm hwy 62 turn North onto Adobe, left on Sun Valley. The property is on the NW corner of Bagley and Sun Valley
Neighborhood Information
  • Community Features: BLM/National Forest, Hiking
View more facts & features

Local 29 Palms Agent

Sale History for 73538 Sun Valley Dr

View property's historical transactions

  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: JT24077846

    $839,000

    Price

  • May, 2022

  • May 27, 2022

    Date

    Canceled

    CRMLS: V1-10485

    $726,000

    Price

  • Feb 4, 2022

    Date

    Active

    CRMLS: V1-10485

    $718,000

    Price

  • Listing provided courtesy of CRMLS

    Quadruplex investment home! Each unit is 3 bed 2 bath approximately 1250 sq ft per unit. Property sits on .53 acre. Unit D is separate and detached. Each unit has small rear fenced yard. Each unit has a Fridge, inside washer and dryer hook ups; washer and dryer included in sale. Carport Cover for all units. Each unit has an exterior separate storage closet. New Septic System installed 2018. Property is always rented. Located in the city of 29 Palms home of Joshua Tree National Park Headquarters, Oasis Visitor Center, and the north entrance to the nearly 800,000-acre national park. Smith's Ranch, one of America's last drive-in movie theaters, as well as Sky's The Limit Observatory & Nature Center, Tortoise Rock Casino, the Old Schoolhouse Museum, Luckie Park, Knott Sky Park, Roadrunner Dunes Golf Course, art galleries, and over three dozen restaurants and pubs, are all located in the city.

  • January, 2022

  • Jan 6, 2022

    Date

    Active

    CRMLS: V1-10068

    $718,000

    Price

  • Jan 6, 2022

    Date

    Delete

    CRMLS: V1-10068

    $726,000

    Price

  • Listing provided courtesy of CRMLS

    Quadruplex investment home! Each unit has 3 bedrooms, 2 baths approximately 1250 sq. ft. per unit. Property sits on .53 acre. Unit D is separate and detached. Each unit has small rear fenced yard. One of the three bedrooms for all units has its own bathroom. Each unit has a Fridge, inside washer and dryer hook ups; washer and dryer included in sale. Carport Cover for all units. Each unit has an exterior separate storage closet. New Septic System installed 2018. Property is always rented.Located in the city of 29 Palms home of Joshua Tree National Park Headquarters, Oasis Visitor Center, and the north entrance to the nearly 800,000-acre national park. Smith's Ranch, one of America's last drive-in movie theaters, as well as Sky's The Limit Observatory & Nature Center, Tortoise Rock Casino, the Old Schoolhouse Museum, Luckie Park, Knott Sky Park, Roadrunner Dunes Golf Course, art galleries, and over three dozen restaurants and pubs, are all located in the city

  • April, 2018

  • Apr 24, 2018

    Date

    Canceled

    CRMLS: JT18088475

    $399,900

    Price

  • Apr 17, 2018

    Date

    Active

    CRMLS: JT18088475

    $399,900

    Price

  • Listing provided courtesy of CRMLS

    Fantastic deal on a FULLY OCCUPIED 4 unit INCOME PRODUCING property in 29 Palms. All 4 units are 3 bedroom 2 Full bathrooms. The Living/kitchen is a nice open great room perfect for families. The master bedrooms are adequate size with their own bathrooms and walk in closets. Each unit also comes with its own storage unit and laundry room, and private fenced back patio area that is great for kids, small pets and BBQs. The Owner is selling these properties with all existing appliances (fridges, ovens, dishwasher, washers, dryers). This has always been professionally managed with great tenants in place and near 100% occupancy. Nice units! Most of the interior wall paint is a nice semi gloss Bear Brand Swiss Coffee that is premixed at Home Depot so easy to touch up and match the color when the tenant moves out. Most of the carpet is in newer condition. The exterior is a nice modern style stucco with tile roof, and well built car ports (8 total spaces, 2 per unit)! If you are looking to move some money into a quickly growing real estate market or you are already a savvy investor, now is your chance. With values on the rise do not let this fantastic opportunity for an instant ROI and low maintenance costs.

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Tax History for 73538 Sun Valley Dr

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

73538 Sun Valley Dr is listed 200.72% higher than the median list price for the city of 29 Palms which has a median list price of $279,000. The median price per/sqft for 29 Palms is $246 and this home is listed at $163.87 per/sqft which puts the price per square foot 33.39% lower than the median price per square foot for the city of 29 Palms.

About 73538 Sun Valley Dr

Detailed summary of property

73538 Sun Valley Dr is a fourplex located in 29 Palms, CA 92277 and is currently for sale. This fourplex offers 12 bedrooms, 8 bathrooms, roughly 5,120 living square feet, and sits on an approximately 23,651 square foot lot. 73538 Sun Valley Dr was first listed on ArdentRealEstateGroup.com on April 22, 2024. The homeowner is currently asking $839,000. The median priced home in 29 Palms is $279,000 with a median price per square foot of $246. Based on Ardent Real Estate Group's 29 Palms Market Data, this home is listed 200.72% higher than the median priced home. Local competing homes currently for sale include 7436 Oleander Ave, 8383 Hemlock Ave and 831 W 7th St. While the average home in 29 Palms, CA is selling in 110 days, 73538 Sun Valley Dr has a days on market of 55 days. There are currently 228 homes for sale in the 29 Palms real estate market and 228 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 73538 Sun Valley Dr 29 Palms, CA 92277 contact Ardent Real Estate Group and we will put you in touch with one of our 29 Palms agents.

Public Facts for 73538 Sun Valley Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92277 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$279,000
Median List Price/Sq.Ft.
$246
Median Sold Price
$315,000
Median Sold Price/Sq.Ft.
$245
Total Inventory
233
Median Sale to List Price %
101.94%
Avg Days on Market
76
Loan Type
Conventional (41.18%), FHA (8.82%), VA (14.71%), Cash (23.53%), Other (8.82%)

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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.

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