Listed by Serena Leiterman - DRE #01965152 - Equity Union 760-621-0395
$2,500,000 affordable loan icon Calculate Payment

62044 Chollita Road Joshua Tree, CA 92252

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Cluster Residence
Beds
Baths
Sq. Ft.
1.33 Acre Lot

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Last updated on 9/27/2024 2:25 AM
Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features re...cently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals. Continue reading
MLS#
219117081DA
Property Type
Cluster
Status
Year Built
1960
Lot Size
1.33
Stories
1.0

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Listed by Serena Leiterman - DRE #01965152 - Equity Union 760-621-0395
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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This content last refreshed on 9/27/2024 2:25 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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