Mohr Real Estate Group

Mohr Real Estate Group

6038 Bagley AV 29 Palms CA 92277 MLS #DW24161111

6038 Bagley AV
29 Palms, CA, 92277
$979,900
Beds
0 Baths
0 SqFt
1.03 Acres
Add
Add
$979,900
6038 Bagley AV
29 Palms, CA, 92277
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Property Description


***MASSIVE PRICE REDUCTION***Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and future appreciation. The area is known for its proximity to Joshua Tree National Park, making it a popular spot for nature lovers and those seeking outdoor activities. Don’t miss this opportunity to acquire a valuable piece of real estate in a growing community. 10 well maintained units the have a solid rental track record. Mix of a Studio, 1’s, 2’s & Onsite laundry. Also, each unit is individually metered for electricity! Current Actual Cap rate 7.42%!!! and GRM is 9.8%!!

Property Details

Price:
$979,900
MLS #:
DW24161111
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
Listed Date:
Aug 5, 2024
Total Sq Ft:
10,450
Lot Size:
44,866 sqft / 1.03 acres (approx)
Year Built:
1947
699 – Not Defined699notdefined

Schools

Interior

Laundry Features
GE, SEE, WH
Levels
A

Exterior

Common Walls
_2CW
Community Features
RUR, VLY
Parking Spots
12
Parking Total
12

Financial

Net Operating Income
$72,741
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6038 Bagley AV
29 Palms, CA
The Mohr Real Estate Group

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