$950,000
SOLD JAN 14, 2022

5513 Adobe Rd Twentynine Palms, CA 92277

1 Bed
1 Bath
4,128 Sq Ft
0.37 Acres

Recently Sold

$230 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2022

8 Detached units. All new windows, mini splits, tankless water heaters. Most units have new floors/cabinets. Great floor plan. Nice size bedroom, living room, dining and kitchen Great rental record, always full. Eligible for vacation rental AIRBND as the units are detached, City previous issued a vacation rental permit. Some of the units are furnished and ready to AIRBNB.

Last Agent to Sell the Property

Steve Enochs

Coldwell Banker Roadrunner License #01209428 Listed on: 07/01/2021

Coldwell Banker Roadrunner

Last Buyer's Agent

Ryan Smith

Better Realty Group License #01334440

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.37 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 4,128 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Additional Features

  • Suburban Location
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2752
  • Assessor Parcel Number 0621151010000

Community Details

Overview

  • No Home Owners Association
  • 9 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $1,919
  • Electric Expense $9,022
  • Fuel Expense $1,315
  • Insurance Expense $1,100
  • Maintenance Expense $5,088
  • Professional Management Expense $4,000
  • Trash Expense $839
  • Water Sewer Expense $710
  • Operating Expense $23,993
  • Net Operating Income $62,407

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • CapRate: 6.40
  • Professional Management Expense: 4000.00
  • Property Attached: No
  • Water Sewer Expenses: 710.00
  • Property Type: Residential Income
  • Parcel Number: 0621151010000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 230.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Aerobic Septic
  • Trash Expense: 839.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 16218.00
  • Lot Size Acres: 0.3723

Multi Family

  • Average1 Bed Area: 516 Square Feet
  • Cable TV Expense: 1919.00
  • Electric Expense: 9022.00
  • Fuel Expense: 1315.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 16218.0000 Square Feet
  • Maintenance Expense: 5088.00
  • Net Operating Income: 62407.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 23993.00
  • Rent Control: No
  • Total Expenses: 23993.00

Tax Info

  • Tax Census Tract: 104.22
  • Tax Lot: 1
  • Tax Tract Number: 2752

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $950,000 -2.6% $230 / Sq Ft
07/01/2021 07/01/21 For Sale $975,000 0.0% $236 / Sq Ft
03/26/2018 03/26/18 Rented $750 0.0% --
02/01/2018 02/01/18 For Rent $750 0.0% --
05/25/2017 05/25/17 Sold $300,000 -3.2% $73 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $310,000 -- $75 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Enochs

    Seller's Agent in 2022

    Steve Enochs

    Coldwell Banker Roadrunner

    (760) 437-5252

    18 in this area

    20 Total Sales

    Section Image
  • Ryan Smith

    Buyer's Agent in 2022

    Ryan Smith

    Better Realty Group

    (714) 612-3963

    1 in this area

    40 Total Sales

    Section Image

  • D

    Seller's Agent in 2017

    DV THOMPSON

    Triad REALTORS®

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT21138782

California Regional Multiple Listing Service (CRMLS)

California San Bernardino County Twentynine Palms 92277

5513 Adobe Rd, Twentynine Palms, CA

This home is located at 5513 Adobe Rd, Twentynine Palms, CA 92277 and is currently priced at $950,000, approximately $230 per square foot. This property was built in 1946. 5513 Adobe Rd is a home located in San Bernardino County with nearby schools including Twentynine Palms Elementary School, Twentynine Palms Junior High School, and Twentynine Palms High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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