61850 Chollita Rd Joshua Tree, CA 92252
Estimated payment $12,687/month
Highlights
- In Ground Spa
- 1.63 Acre Lot
- Traditional Architecture
- Gated Parking
- Mountain View
- Corner Lot
About This Home
SELLER WILL FINANCE. Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,470
Year Built
- Built in 1964
Lot Details
- 1.63 Acre Lot
- Lot Dimensions are 420x170
- Fenced
- Corner Lot
- Property is zoned JT/RM
Property Views
- Mountain
- Desert
Home Design
- Traditional Architecture
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 17 Bedrooms
- 13,451 Sq Ft Home
- 1-Story Property
- Concrete Flooring
Parking
- Private Parking
- Gated Parking
- Guest Parking
- Unassigned Parking
Pool
- In Ground Spa
Utilities
- Property is located within a water district
- Septic Tank
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 0603-222-25-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $23,470 | $2,108,090 | $318,362 | $1,789,728 |
| 2024 | $23,470 | $2,066,755 | $312,120 | $1,754,635 |
| 2023 | $23,013 | $2,026,230 | $306,000 | $1,720,230 |
| 2022 | $22,540 | $1,986,500 | $300,000 | $1,686,500 |
| 2021 | $7,809 | $671,700 | $69,700 | $602,000 |
| 2020 | $7,828 | $671,700 | $69,700 | $602,000 |
| 2019 | $8,217 | $652,200 | $67,700 | $584,500 |
| 2018 | $7,596 | $609,600 | $63,300 | $546,300 |
| 2017 | $6,674 | $530,000 | $55,000 | $475,000 |
| 2016 | $6,686 | $530,000 | $55,000 | $475,000 |
| 2015 | $6,685 | $536,000 | $50,000 | $486,000 |
| 2014 | $6,893 | $536,000 | $50,000 | $486,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $2,050,000 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,286,500 | Fidelity National Title | |
| Trustee Deed | $480,000 | Lawyers Title Company | |
| Trustee Deed | $26,896 | First American Title Ins Co | |
| Grant Deed | -- | Northern Counties Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,375,000 | Commercial |
Source: The MLS
MLS Number: 25589287
APN: 0603-222-25
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