$118,000
SOLD JUN 25, 2015

60341 Alta Loma Dr Joshua Tree, CA 92252

4 Beds
2 Baths
2,026 Sq Ft
0.43 Acres

Recently Sold

$58 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Mountain View
  • Evaporated cooling system
  • Forced Air Heating System

About This Home

As of February 2025

These opportunities don’t come up very often, but when they do, you should act quickly. This is a wonderful 2,026 sq ft. duplex on a huge 0.43 acre lot. This is great for investing or live in one and rent the other. Each unit is 2 bedrooms, 1 bath with garage. Both units are in great condition. Newer floors, nice tile in kitchen and bathrooms. Fenced backyard to enjoy the wonderful desert evenings. Each comes with an attached one car garage as well as plenty of outdoor parking space. Each has their own laundry hookups and utility sink in the garage. All 4 bedrooms are large sized. Located in the Friendly Hills area of Joshua Tree and is walking distance to the highly rated Friendly Hills Elementary School. This is a great investment or a great way to reduce your cost of living. As an investment, the property has a long rental history with great tenants and low cost property management. Cash flow and equity immediately.

Last Agent to Sell the Property

Gabriel Rodriguez

Homequest Real Estate License #01814402 Listed on: 05/01/2015

Last Buyer's Agent

CESAR MENDOZA

DYNASTY REAL ESTATE License #01851959

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1980

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Desert faces the back of the property
  • Wood Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Desert

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 2,026 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 11
  • Tax Tract Number 5656
  • Assessor Parcel Number 0588141110000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • New Taxes Expense $2,135
  • Gross Income $735
  • Net Operating Income $8,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,992

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-201-9814
  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 0588141110000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Desert, Mountain(s)
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Lot Features: Desert Back, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18624.00
  • Price Per Lot Square Foot: 6.34
  • Lot Size Acres: 0.4280

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 735.00
  • Gross Scheduled Income: 12300.00
  • Insurance Expense: 600.00
  • Lot Size Area: 18624.0000 Square Feet
  • Net Operating Income: 8700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2135.00
  • Tax Lot: 11
  • Tax Tract Number: 5656
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 17, 2025
Sold by
Winberg Craig and Winberg Mendi
Bought by
Kodiak Ridge Llc
Seller's Agent
Paul Karr
Cherie Miller & Associates
Buyer's Agent
Monica Mnich
KELLER WILLIAMS LAKE ARROWHEAD
List Price
$675,000
Sold Price
$515,000
Premium/Discount to List
-$160,000
-23.7%
Views
8
Current Estimated Value
$530,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,042
Avg. Annual Appreciation
5.37%
Original Mortgage
$386,250
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 15, 2025
Sold by
60341 Trust and Wasatch Properties Llc
Bought by
Winberg Craig and Winberg Mendi
Seller's Agent
Paul Karr
Cherie Miller & Associates
Buyer's Agent
Monica Mnich
KELLER WILLIAMS LAKE ARROWHEAD
List Price
$675,000
Sold Price
$515,000
Premium/Discount to List
-$160,000
-23.7%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Fairbanks Leslie H
Bought by
Wasatch Properties Llc

Purchase Details

Listed on
Mar 7, 2019
Closed on
Mar 27, 2019
Sold by
Larue Robert
Bought by
Fairbanks Leslie H
Seller's Agent
Larry Parent
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
Paul Karr
Cherie Miller & Associates
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
May 22, 2018
Sold by
Larue Robert
Bought by
Larue Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2015
Closed on
May 27, 2015
Sold by
Mendoza Maricela
Bought by
Larue Robert La
Seller's Agent
Gabriel Rodriguez
Homequest Real Estate
Buyer's Agent
CESAR MENDOZA
DYNASTY REAL ESTATE
List Price
$123,000
Sold Price
$118,000
Premium/Discount to List
-$5,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
Jun 14, 2004
Sold by
Mendoza Maricela
Bought by
Mendoza Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $515,000 Fidelity National Title
Grant Deed -- None Available
Grant Deed $200,000 Ticor Title Company
Interfamily Deed Transfer -- Wfg National Title Company
Grant Deed $118,000 First American Company
Interfamily Deed Transfer -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $386,250 New Conventional
Previous Owner $114,800 New Conventional
Previous Owner $82,600 New Conventional
Previous Owner $64,180 New Conventional
Previous Owner $68,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $515,000 -23.7% $254 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/02/2024 10/02/24 For Sale $675,000 +237.5% $333 / Sq Ft
04/10/2019 04/10/19 Sold $200,000 -7.0% $99 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $215,000 +82.2% $106 / Sq Ft
06/25/2015 06/25/15 Sold $118,000 -4.1% $58 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $123,000 -- $61 / Sq Ft
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
2025 $2,992 $231,634 $43,745 $187,889
2024 $2,992 $227,092 $42,887 $184,205
2023 $2,937 $222,639 $42,046 $180,593
2022 $2,880 $218,274 $41,222 $177,052
2021 $2,849 $213,994 $40,414 $173,580
2020 $2,740 $204,000 $40,800 $163,200
2019 $1,971 $127,133 $16,162 $110,971
2018 $1,795 $124,640 $15,845 $108,795
2017 $1,779 $122,196 $15,534 $106,662
2016 $1,751 $151,603 $27,426 $124,177
2015 $2,116 $149,326 $27,014 $122,312
2014 -- $146,401 $26,485 $119,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15093708

California Regional Multiple Listing Service (CRMLS)

APN: 0588-141-11