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62044 Chollita Road

Joshua Tree, CA 92252
  • $1,950,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: OC21228345
$1,950,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent: Bryant Brislin of The Hoffman Company


Description

Extremely unique opportunity to acquire a turn-key, furnished eight unit multifamily complex. Extreme pride of ownership with this site, as seller has done an excellent job in regards to maintenance, etc. Buyer could potentially use this as an STR/Airbnb complex (Buyer To Verify With County), or as an artist compound/retreat, or as a regular multifamily complex that they rent to tenants. This is one block from the new AutoCamp development that will give the Joshua Tree Village downtown area even more momentum, as more and more boutiques/shops, cafes, etc open and thrive. The property is a 5 minute walk to all the hot retail in the area, and a 10 minute walk to the Visitor Center for Joshua Tree National Park, as well as the weekly farmers market. The complex has excess land where a buyer could potentially build more residential units (Buyer To Verify With County), and it has various on-site amenities, including an office with attached staging room for cleaners, enclosed jacuzzi area, storage shed, parking spots, a dog run, and some units have private patios large enough for jaccuzis to be installed.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122769367
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62044 Chollita Road Joshua Tree, CA 92252

  • Price: $1,950,000
  • Status: Active
  • On Site: 42 Days
  • ID#: OC21228345
0
Beds
0
Baths
0
½ Baths
1.33
Acres
1960
Built
Neighborhood:
DC621 - Old Town North
County:
San Bernardino
Area:
DC621 - Old Town North
Property Description
Extremely unique opportunity to acquire a turn-key, furnished eight unit multifamily complex. Extreme pride of ownership with this site, as seller has done an excellent job in regards to maintenance, etc. Buyer could potentially use this as an STR/Airbnb complex (Buyer To Verify With County), or as an artist compound/retreat, or as a regular multifamily complex that they rent to tenants. This is one block from the new AutoCamp development that will give the Joshua Tree Village downtown area even more momentum, as more and more boutiques/shops, cafes, etc open and thrive. The property is a 5 minute walk to all the hot retail in the area, and a 10 minute walk to the Visitor Center for Joshua Tree National Park, as well as the weekly farmers market. The complex has excess land where a buyer could potentially build more residential units (Buyer To Verify With County), and it has various on-site amenities, including an office with attached staging room for cleaners, enclosed jacuzzi area, storage shed, parking spots, a dog run, and some units have private patios large enough for jaccuzis to be installed.
Exterior Features

Lot Features Front YardLot Over 40000 SqftLevelNear ParkPavedRectangular Lot Number Of Separate Electric Meters 3 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type County Road

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Wood Burning Fireplace YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features HikingNear National ForestPark Electric Expense 9015 Fuel Expense 0 Garage YN Yes Gross Income 264500 Gross Scheduled Income 264500 Insurance Expense 4308 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 226517 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 5 Operating Expense 37983 Rent Control YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Trash Expense 1746 Water Sewer Expense 3664 Water Source Public Zoning Jt/Rm



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Bryant Brislin of The Hoffman Company