NOT LISTED FOR SALE

5870 Ocotillo Ave Twentynine Palms, CA 92277

Estimated Value: $402,000 - $528,720

2 Beds
1 Bath
2,784 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $288,500 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,866/month

48 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • 1-Story Property
  • Laundry Room
  • Wall Furnace
  • 5-minute walk to Luckie Park

About This Home

As of January 2020

Clean 4 plex close to downtown and Marine Base. Units are 2 bedroom and 1 bath. Your residents will appreciate laundry hookups as there in no laundry mats in 29 Palms. Carport Parking. It's Full! Solid rental history. Professional management in place.

Last Agent to Sell the Property

Steve Enochs

Coldwell Banker Roadrunner License #01209428 Listed on: 08/28/2019

Coldwell Banker Roadrunner

Co-Listed By

Jeffrey Zatlin

Coldwell Banker Roadrunner License #01955130

Last Buyer's Agent

Karim Almandos

Homequest Real Estate License #01197927

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Gas Range

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0623102020000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $720
  • Water Sewer Expense $720
  • New Taxes Expense $3,100
  • Operating Expense $5,140
  • Gross Income $29,400
  • Net Operating Income $24,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,780

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0623102020000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 103.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12956.00
  • Lot Size Acres: 0.2974

Multi Family

  • Average2 Bed Area: 696 Square Feet
  • Gross Income: 29400.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 12956.0000 Square Feet
  • Net Operating Income: 24260.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5140.00
  • Rent Control: No
  • Total Expenses: 5140.00

Tax Info

  • New Taxes Expense: 3100.00
  • Tax Area: 104.21
  • Tax Census Tract: 104.21
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Brewer Charles C and The Brewer 1989 Revocable Livn
Bought by
Rodriguez Bryan
Current Estimated Value
$480,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,274
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2019
Sold by
Brewer Barbara C and Brwewr 1989 Revocable Living T
Bought by
Brewer Barbara C and Brewer Charles C

Purchase Details

Closed on
Mar 1, 2012
Sold by
Brewer Barbara C
Bought by
Brewer Barbara C and Trust D

Purchase Details

Closed on
Feb 3, 2011
Sold by
Brewer Barbara C
Bought by
Brewer Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2000
Sold by
Brewer Barbara C
Bought by
Brewer Barbara C and The Brewer 1989 Revocable Livi

Purchase Details

Closed on
May 13, 1999
Sold by
Brewer James E Tr
Bought by
Brewer James E and Brewer Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,304
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1996
Sold by
Thomas Gerald S
Bought by
Brewer James E and Brewer Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,650
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 1996
Sold by
Goudy Lawrence H
Bought by
Thomas Gerald S and Thomas Sharon P

Purchase Details

Closed on
May 25, 1995
Sold by
Haro Daniel R
Bought by
Staley James Dennis and Staley Losahn R

Purchase Details

Closed on
Jun 13, 1994
Sold by
Peniston Bonnie C
Bought by
Haro Daniel R and Haro Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1994
Sold by
Whitfield Bert O
Bought by
Peniston Bonny C and Tanner Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Bryan $288,500 First American Title Company
Brewer Barbara C -- Accommodation
Brewer Barbara C -- None Available
Brewer Barbara C -- First American Title Ins Co
Brewer Barbara C -- --
Brewer James E -- North American Title Co
Brewer James E $72,000 Old Republic Title Company
Thomas Gerald S $24,000 --
Staley James Dennis -- Commonwealth Land Title Co
Haro Daniel R -- Commonwealth Land Title Co
Peniston Bonny C -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Bryan $15,280
Previous Owner Rodriguez Bryan $283,274
Previous Owner Brewer Barbara C $93,000
Previous Owner Brewer Barbara C $87,000
Previous Owner Brewer James E $68,304
Previous Owner Brewer James E $71,650
Previous Owner Haro Daniel R $15,000
Closed Haro Daniel R $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $288,500 -9.6% $104 / Sq Ft
08/28/2019 08/28/19 For Sale $319,000 0.0% $115 / Sq Ft
03/17/2014 03/17/14 Rented $500 0.0% --
02/15/2014 02/15/14 Under Contract -- -- --
02/08/2014 02/08/14 For Rent $500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,780 $309,330 $21,443 $287,887
2023 $3,675 $303,265 $21,023 $282,242
2022 $3,595 $297,319 $20,611 $276,708
2021 $3,555 $291,489 $20,207 $271,282
2020 $1,329 $107,222 $8,935 $98,287
2019 $1,310 $105,120 $8,760 $96,360
2018 $1,283 $103,059 $8,588 $94,471
2017 $1,268 $101,039 $8,420 $92,619
2016 $1,245 $99,058 $8,255 $90,803
2015 $1,391 $97,570 $8,131 $89,439
2014 $1,384 $95,659 $7,972 $87,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT19200250

California Regional Multiple Listing Service (CRMLS)

APN: 0623-102-02