6038 Bagley Ave Twentynine Palms, CA 92277
Twentynine Palms AreaEstimated payment $5,181/month
Highlights
- 1.03 Acre Lot
- Laundry Facilities
- 1-Story Property
- No HOA
About This Home
***MASSIVE PRICE REDUCTION*** NOW OFFERED AT $859,900! Exceptional investment opportunity in the heart of 29 Palms! Located at 6038 Bagley Avenue, this well-maintained 10-unit multifamily property offers an attractive combination of strong current income, unit diversity, and long-term investment potential. The property features a desirable mix of studio, one-bedroom, and two-bedroom units, with each unit individually metered for electricity, helping reduce owner-paid utility expenses and improve operating efficiency. With current gross rents of approximately $8,770 per month ($105,240 annually), this property offers compelling investment metrics at the newly reduced price, including an approximately 9.07% CAP RATE and 8.17 GRM! The property has a solid rental track record and is positioned in a growing desert community near Joshua Tree National Park, one of Southern California’s premier outdoor destinations. Whether you're looking to expand an existing multifamily portfolio or acquire a strong income-producing property, 6038 Bagley Avenue represents an opportunity to acquire 10 UNITS FOR ONLY $859,900 ***APPROXIMATELY $85,990 PER UNIT!*** Don’t miss this opportunity to acquire a cash-flowing multifamily asset at a substantially reduced price!
Listing Agent
PLF Real Estate Solutions Brokerage Phone: 562-639-9636 License #01458024 Listed on: 08/05/2024
Co-Listing Agent
PLF Real Estate Solutions Brokerage Phone: 562-639-9636 License #02179798
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 1.03 Acre Lot
- Two or More Common Walls
- Rural Setting
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 10,450 Sq Ft Home
- 1-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 2957
- Assessor Parcel Number 0618282100000
Community Details
Overview
- No Home Owners Association
- 10 Buildings
- 10 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $2,700
- Insurance Expense $5,009
- Trash Expense $2,640
- Water Sewer Expense $4,620
- New Taxes Expense $12,250
- Operating Expense $27,219
- Gross Income $105,420
- Net Operating Income $78,021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,236 | $472,200 | $56,892 | $415,308 |
| 2025 | $5,236 | $462,941 | $55,776 | $407,165 |
| 2024 | $4,980 | $453,863 | $54,682 | $399,181 |
| 2023 | $4,882 | $444,964 | $53,610 | $391,354 |
| 2022 | $4,780 | $436,239 | $52,559 | $383,680 |
| 2021 | $4,730 | $427,685 | $51,528 | $376,157 |
| 2020 | $4,694 | $423,300 | $51,000 | $372,300 |
| 2019 | $2,693 | $234,567 | $27,825 | $206,742 |
| 2018 | $2,631 | $229,967 | $27,279 | $202,688 |
| 2017 | $2,605 | $225,458 | $26,744 | $198,714 |
| 2016 | $2,557 | $221,038 | $26,220 | $194,818 |
| 2015 | $3,073 | $217,718 | $25,826 | $191,892 |
| 2014 | $3,058 | $230,542 | $25,616 | $204,926 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2026 08/08/26 | Price Changed | $859,900 | 0.0% | $82 / Sq Ft | |
| 08/08/2026 08/08/26 | For Sale | $859,900 | -12.2% | $82 / Sq Ft | |
| 08/05/2026 08/05/26 | Off Market | $979,900 | -- | -- | |
| 08/19/2025 08/19/25 | Price Changed | $979,900 | -6.7% | $94 / Sq Ft | |
| 05/09/2025 05/09/25 | Price Changed | $1,050,000 | -8.7% | $100 / Sq Ft | |
| 01/07/2025 01/07/25 | Price Changed | $1,150,000 | -8.0% | $110 / Sq Ft | |
| 08/05/2024 08/05/24 | For Sale | $1,250,000 | +201.2% | $120 / Sq Ft | |
| 01/25/2019 01/25/19 | Sold | $415,000 | +1.2% | $235 / Sq Ft | View Prior Sale |
| 12/12/2018 12/12/18 | For Sale | $410,000 | 0.0% | $232 / Sq Ft | |
| 01/05/2016 01/05/16 | Rented | $850 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Stewart Title | |
| Grant Deed | $415,000 | Stewart Title | |
| Quit Claim Deed | -- | Stewart Title | |
| Grant Deed | $101,500 | Lawyers Title Sd | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $132,606 | Stewart Title Co Glendale | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $590,000 | Orange Coast Title Company | |
| Grant Deed | $302,000 | Fidelity National Title Co | |
| Grant Deed | $90,000 | First American Title Ins Co | |
| Trustee Deed | $89,624 | American Title | |
| Trustee Deed | $150,750 | -- | |
| Gift Deed | -- | American Title Ins Co | |
| Interfamily Deed Transfer | -- | American Title Ins Co | |
| Joint Tenancy Deed | $160,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Closed | $304,000 | Commercial | |
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $30,000 | Commercial | |
| Previous Owner | $390,000 | Commercial | |
| Previous Owner | $70,000 | Seller Take Back | |
| Previous Owner | $150,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24161111
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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