Seller's Agent in 2022
Bryant Brislin
The Hoffman Company
(949) 553-2020
3 in this area
32 Total Sales
62044 Chollita Rd Joshua Tree, CA 92252
Estimated Value: $1,311,750
8
Beds
10
Baths
8,239
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- 1.33 Acre Lot
- Property is near a park
- Laundry Room
- Near a National Forest
- Hiking Trails
- Central Air
About This Home
As of May 2022Extremely unique opportunity to acquire a turn-key, furnished eight unit multifamily complex. Extreme pride of ownership with this site, as seller has done an excellent job in regards to maintenance, etc. Buyer could potentially use this as an artist compound/retreat, or as a regular multifamily complex that they rent to tenants. This is one block from the new AutoCamp development that will give the Joshua Tree Village downtown area even more momentum, as more and more boutiques/shops, cafes, etc open and thrive. The property is a 5 minute walk to all the hot retail in the area, and a 10 minute walk to the Visitor Center for Joshua Tree National Park, as well as the weekly farmers market. The complex has excess land where a buyer could potentially build more residential units (Buyer To Verify With County), and it has various on-site amenities, including an office with attached staging room for cleaners, enclosed jacuzzi area, storage shed, parking spots, a dog run, and some units have private patios large enough for jaccuzis to be installed.
Last Agent to Sell the Property
The Hoffman Company License #01877964 Listed on: 10/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,200
Year Built
- Built in 1960
Lot Details
- 1.33 Acre Lot
- Property fronts a county road
- Two or More Common Walls
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Front Yard
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 8,239 Sq Ft Home
- Wood Burning Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Location
- Property is near a park
Utilities
- Central Air
- Conventional Septic
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 2817
- Assessor Parcel Number 0603201170000
- $946 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 8 Units
- Near a National Forest
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
Building Details
- 3 Separate Electric Meters
- 8 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $9,015
- Insurance Expense $4,308
- Trash Expense $1,746
- Water Sewer Expense $3,664
- Operating Expense $37,983
- Gross Income $264,500
- Net Operating Income $226,517
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2012
Closed on
May 30, 2012
Sold by
Fundin Jim
Bought by
Aguirre Jeri Regina
Seller's Agent
Chuck Wise
Wise Investment Properties,Inc
Buyer's Agent
Chuck Wise
Wise Investment Properties,Inc
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,750
Original Mortgage
$237,500
Outstanding Balance
$165,410
Interest Rate
3.86%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Feb 24, 2012
Closed on
May 29, 2012
Sold by
Aguirre Jeri Regina
Bought by
Tang Clifford S
Seller's Agent
Chuck Wise
Wise Investment Properties,Inc
Buyer's Agent
Chuck Wise
Wise Investment Properties,Inc
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$165,410
Interest Rate
3.86%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aguirre Jeri Regina | -- | First American Title Company | |
| Tang Clifford S | $475,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tang Clifford S | $125,000 | |
| Open | Tang Clifford S | $237,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2022 05/12/22 | Sold | $1,268,000 | -15.5% | $154 / Sq Ft |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 03/30/2022 03/30/22 | For Sale | $1,500,000 | 0.0% | $182 / Sq Ft |
| 03/04/2022 03/04/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $1,500,000 | 0.0% | $182 / Sq Ft |
| 02/12/2022 02/12/22 | Pending | -- | -- | -- |
| 02/02/2022 02/02/22 | Price Changed | $1,500,000 | -14.3% | $182 / Sq Ft |
| 01/06/2022 01/06/22 | Price Changed | $1,750,000 | -10.3% | $212 / Sq Ft |
| 10/26/2021 10/26/21 | For Sale | $1,950,000 | +306.3% | $237 / Sq Ft |
| 05/31/2012 05/31/12 | Sold | $480,000 | -12.7% | $58 / Sq Ft |
| 05/01/2012 05/01/12 | Pending | -- | -- | -- |
| 02/24/2012 02/24/12 | For Sale | $550,000 | -- | $66 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,200 | $1,345,506 | $212,242 | $1,133,264 |
| 2024 | $15,200 | $1,319,123 | $208,080 | $1,111,043 |
| 2023 | $14,907 | $1,293,258 | $204,000 | $1,089,258 |
| 2022 | $6,629 | $562,216 | $47,345 | $514,871 |
| 2021 | $6,583 | $551,192 | $46,417 | $504,775 |
| 2020 | $6,401 | $545,540 | $45,941 | $499,599 |
| 2019 | $6,780 | $534,843 | $45,040 | $489,803 |
| 2018 | $6,545 | $524,356 | $44,157 | $480,199 |
| 2017 | $6,476 | $514,074 | $43,291 | $470,783 |
| 2016 | $6,362 | $503,994 | $42,442 | $461,552 |
| 2015 | $6,202 | $496,423 | $41,804 | $454,619 |
| 2014 | $6,247 | $486,699 | $40,985 | $445,714 |
Source: Public Records
Agents Affiliated with this Home
-
Bryant Brislin
-
C
Seller's Agent in 2012
Chuck Wise
Wise Investment Properties,Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21228345
APN: 0603-201-17
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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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