5
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Listed by NATHAN DIONES, DRE #01767311 • REGIONCY REAL ESTATE
$515,000
Est. payment /mo
0.84 Acres Lot
Price Dropped by $20K
72121 Hatch RD Twentynine Palms, CA 92277
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIG26090956
Year Built 1946
Lot Size 0.841 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private "tiny home" atmosphere for tenants, who cover their own electric, gas, and internet utilities. This "blank canvas" lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area's high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio. We do have a 100% financing program + closing costs available through a conventional lender. Property must be owner occupied within 60 days to qualify for this program. Inquire for details.
Location
State CA
County San Bernardino
Area Dc725 - Smoke Tree
Interior
Cooling Evaporative Cooler
Laundry None
Exterior
Parking Features Carport
Garage Spaces 4.0
Pool None
View Hills, Local/Neighborhood, Panoramic
Roof Type Composition
Building
Story One Story
Sewer TBD
Water District - Public
Others
Tax ID 0616292010000
Special Listing Condition Not Applicable
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