NOT LISTED FOR SALE

Estimated Value: $396,000 - $659,000

6 Beds
6 Baths
2,835 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $650,000 $229 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,536/month

18 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Evaporated cooling system
  • End Unit
  • Hiking Trails
  • Laundry Room

About This Home

As of September 2021

ATTENTION INVESTORS! This is the one you have been waiting for. This triplex is up for sale with an identical one also for sale nextdoor(OC21155948); same owner for both. Would prefer to sell together. All units are the same floorplans. 2 bedroom, 2 bathroom with a 1 car attached garage. 2 units are connected only by the garages and 1 unit is a free standing detached home and all are separate electric & gas meters. Now is your opportunity to manage and operate 6 units in the growing and popular community of Joshua Tree. There is huge demand and an inventory shortage of rentals in the area. Or, you can convert it into a short term vacation rental with the appropriate permits. Demand is high for both types of rentals, or a combination of the 2. This complex is located just a few short miles from the park entrance and close to dining, shopping and entertainment. With nearly 800,000 acres of mystical beauty, Joshua Tree National Park is undoubtedly one of the world’s most incredible natural desert treasures. Annual attendance at the park has nearly doubled in the past several years to approximately 3 million visitors, making it the 11th most visited park in the country. Joshua Tree has many different visitors that come from all around the world to experience the hiking, the scenery, the beautiful and amazing desert sunsets, the incredible stargazing, and more. World famous Palm Springs is just a short drive down the hill. DON'T MISS THE OPPORTUNITY to own a piece of this rapidly growing and exceedingly popular beauty in the desert. THE POSSIBILITIES ARE ENDLESS! All inspections, including septic, termite, and general building, are DONE AND CLEARED!

Last Listed By

Michael Plummer

eXp Realty of California Inc License #01898005 Listed on: 07/19/2021

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,097

Year Built

  • Built in 1988

Lot Details

  • 0.29 Acre Lot
  • Desert faces the front of the property
  • End Unit
  • 1 Common Wall
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Desert

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,835 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Accessible Parking

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Water Heater
  • Shared Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 219
  • Tax Tract Number 2884
  • Assessor Parcel Number 0603211040000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $4,500
  • Gross Income $13,320
  • Net Operating Income $13,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,097

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: JT/RM
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0603211040000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Unfurnished
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 229.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Desert, Mountain(s)
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Shared Septic
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Desert Front, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12750.00
  • Lot Size Acres: 0.2927

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 945 Square Feet
  • Gross Income: 13320.00
  • Gross Scheduled Income: 17820.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 12750.0000 Square Feet
  • Net Operating Income: 13320.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 2392.50
  • Total Expenses: 4500.00

Tax Info

  • Tax Census Tract: 104.20
  • Tax Lot: 219
  • Tax Tract Number: 2884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Quality Loan Service Corporation
Bought by
Metropolitan Tower Life Insurance Company
Total Days on Market
18
Current Estimated Value
$516,000

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 15, 2021
Sold by
Martinez Vera M and Martinez James R
Bought by
Casa Feliz Group Inc
Seller's Agent
Michael Plummer
eXp Realty of California Inc
Buyer's Agent
Reza Khalvati
Realty One Group West
List Price
$655,000
Sold Price
$650,000
Premium/Discount to List
-$5,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.13%
Original Mortgage
$476,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2018
Sold by
Martinez James R and Martinez Vera M
Bought by
Martinez Vera M and Martinez James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2015
Sold by
Martinez James R and Martinez Vera M
Bought by
Martinez Vera M and Martinez James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Martinez Vera M and Martinez James R
Bought by
Family Trust Of James R Martinez & Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,300
Interest Rate
4.48%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 11, 2008
Sold by
Martinez James R
Bought by
Martinez Vera M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Paxton William J and Paxton Shirley I
Bought by
Littleton Vera M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 23, 1999
Sold by
Paxton William J and Paxton Shirley I
Bought by
Paxton William J and Paxton Shirley I

Purchase Details

Closed on
Jan 6, 1998
Sold by
Pff Bank & Trust Company
Bought by
Paxton William J and Paxton Shirley I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 1997
Sold by
North David W and North Kym
Bought by
Pomona First Fsla and Pff Bank & Trust

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Metropolitan Tower Life Insurance Company $483,626 None Listed On Document
Casa Feliz Group Inc $650,000 First Amer Ttl Co Res Div
Martinez Vera M -- Servicelink
Martinez Vera M -- Fidelity Natl Title Company
Family Trust Of James R Martinez & Vera -- None Available
Martinez Vera M -- None Available
Martinez Vera M -- None Available
Martinez Vera M -- None Available
Littleton Vera M -- --
Paxton William J -- --
Paxton William J $50,000 United Title
Pomona First Fsla $55,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casa Feliz Group Inc $476,250
Previous Owner Martinez Vera M $155,500
Previous Owner Martinez James R $50,000
Previous Owner Martinez Vera M $108,000
Previous Owner Martinez James R $81,300
Previous Owner Martinez Vera M $62,000
Previous Owner Littleton Vera M $60,000
Previous Owner Paxton William J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $650,000 -0.8% $229 / Sq Ft
07/19/2021 07/19/21 For Sale $655,000 -- $231 / 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
2024 $8,097 $676,260 $83,232 $593,028
2023 $7,945 $663,000 $81,600 $581,400
2022 $7,787 $650,000 $80,000 $570,000
2021 $1,403 $79,659 $7,241 $72,418
2020 $1,392 $78,842 $7,167 $71,675
2019 $1,447 $77,296 $7,026 $70,270
2018 $1,278 $75,780 $6,888 $68,892
2017 $1,268 $74,294 $6,753 $67,541
2016 $1,251 $72,838 $6,621 $66,217
2015 $1,211 $71,744 $6,522 $65,222
2014 $1,243 $70,338 $6,394 $63,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21157799

California Regional Multiple Listing Service (CRMLS)

APN: 0603-211-04