Listed by Shawn S. Kormondy - DRE #01451888 - Keller Williams Beverly Hills 310-432-6400
$2,050,000 affordable loan icon Calculate Payment

61850 Chollita Road Joshua Tree, CA 92252

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Cluster Residence
17 Beds
Baths
13,451 Sq. Ft.
1.63 Acre Lot

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Last updated on 9/27/2024 10:10 AM
Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositi...oning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park. Continue reading
MLS#
24345117
Property Type
Cluster
Status
Bedrooms
17
Year Built
1964
Square Feet
13,451 sq. ft
Lot Size
1.63
Stories
1.0

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Listed by Shawn S. Kormondy - DRE #01451888 - Keller Williams Beverly Hills 310-432-6400
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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