$610,000

6555 Indian Cove Rd Twentynine Palms, CA 92277

Estimated payment $3,848/month

Total Views 801
-- Bed
6 Baths
2,500 Sq Ft
$244 Price per Sq Ft

Highlights

  • 2.25 Acre Lot
  • No HOA
  • Laundry Room
  • Near a National Forest
  • Hiking Trails
  • 1-Story Property

About This Home

INVESTMENT OPPORTUNITY! 6 Unit Complex on 2.5 acres in the very desirable Indian Cove neighborhood. Build multiple new Units with space to grow. Each unit has a 3/4 Bath, patio area and an on-site laundry. Solid Rental History.

Last Listed By

Reggie McAtee

Libby's Realty Brokerage Phone: 760-285-8100 License #01503436 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 2.25 Acre Lot
  • Two or More Common Walls
  • Desert faces the front and back of the property
  • Density is 6-10 Units/Acre

Parking

  • 12 Parking Spaces

Home Design

  • Apartment

Interior Spaces

  • 6 Bathrooms
  • 2,500 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3017
  • Assessor Parcel Number 0614101010000
  • $336 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units
  • Near a National Forest
  • Mountainous Community
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $3,200
  • Professional Management Expense $3,807
  • Water Sewer Expense $1,212
  • New Taxes Expense $2,632
  • Operating Expense $10,851
  • Net Operating Income $36,747

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Price Per Unit: 101667
  • Professional Management Expense: 3807.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1212.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0614101010000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: East
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 244.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Biking Trails, Hiking Trails
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Blm/National Forest, Hiking, Mountainous, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Desert Back, Desert Front
  • Lot Size Sq Ft: 98010.00
  • Lot Size Acres: 2.2500

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Gross Scheduled Income: 47598.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 98010.0000 Square Feet
  • Net Operating Income: 36747.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 10851.00
  • Rent Control: No
  • Total Expenses: 10851.00

Tax Info

  • New Taxes Expense: 2632.00
  • Tax Census Tract: 104.32
  • Tax Lot: 11
  • Tax Tract Number: 3017
  • TaxOtherAnnualAssessmentAmount: 336.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $610,000 +197.6% $244 / Sq Ft
12/12/2018 12/12/18 Sold $205,000 -25.5% $109 / Sq Ft
09/11/2017 09/11/17 For Sale $275,000 -- $146 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT25094646

California Regional Multiple Listing Service (CRMLS)