7382 Olympic Road, Joshua Tree, CA 92252

$1,099,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Listing Agent: Faisal Alserri (falserri@gmail.com) from Listing Office: Sharon Rose Realty, Inc..

List Price
$1,099,000
Status
Active
MLS#
219143216PS
Year Built
1984
Lot Size
31,351
Lot Location
Rectangular Lot
Days on Market
167
Property Type
Multifamily
Property Type
Multifamily
Style
Ranch

Property Description

Prime hillside 6-Plex offers a wonderful value & investment opportunity in world famous Joshua Tree. Each of the spacious, 2-bedroom, 1-bath apartments spans nearly 900 sq. ft. & features modern finishes throughout. Two of the units have been recently renovated top to bottom while two more of the units were recently painted & updated. Each equipped with AC, gas wall heaters, & fully appointed kitchens, including gas stoves, refrigerators, microwaves, & dishwashers. With two dedicated parking spots per unit & private patios, tenants enjoy added convenience & comfort. The property is separately metered for electricity & gas, making it an efficient investment. The exterior has recently been updated while new landscaping was installed to beautify & conserve water. A shared courtyard with a pergola, picnic table, & desert landscaping, providing a relaxing outdoor space for residents. A laundry room with two sets of washers & dryers adds further appeal. Located on a hillside, the building offers sweeping panoramic views, enhancing its desirability. The 6-Plex is ideally located just 4 minutes from Copper Mountain College, 10 minutes from Hi-Desert Medical Center & the courthouse. 25 minutes from the 29 Palms Marine Base. Palm Springs is just 44 minutes away. With the Morongo Basin's booming rental market & growing demand, this property is a solid investment for both long-term & medium-term rentals. Don't miss out on this rare opportunity in a rapidly expanding area.

Additional Information

Appliances
Gas Cooktop, Gas Oven, Microwave, Refrigerator
Cooling
Yes
View
City Lights, Desert, Hills, Mountain(s), Panoramic
Roof
Composition
Sewer
Septic Tank
Terms
Cash, Conventional, 1031 Exchange, FHA

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.