NOT LISTED FOR SALE

6555 Indian Cove Rd Twentynine Palms, CA 92277

1 Bed
2 Baths
1,880 Sq Ft
2.25 Acres

Last Sold December 12, 2018

Last sale price $205,000 $109 Per Sq Ft

433 Days on Market

Highlights

  • Panoramic View
  • Open Floorplan
  • Property is near a park
  • 2.25 Acre Lot
  • Near a National Forest
  • Cathedral Ceiling

About This Home

As of December 2018

6 units on 2.25 acres. Configuration is over 2 buildings which would allow for consolidation should the buyer wish to do so. High demand in the Joshua Tree Gateway Communities! This property is on Indian Cove Road, the only access road to the Indian Cove Campground, Amphitheaters, Rock Formations, desirable rock climbing and the Wilderness areas. Currently month-to-month tenants, but possibly suitable for vacation rentals, overflow campers, rock climbers, European travelers to National Parks, etc. Each unit has its own wall gas heater, evaporative cooler or air conditioning unit, stove, refrigerator in the kitchen, and a separate bathroom with shower. There is a community coin operated washer and dryer. One minute walk to the convenient Indian Cove Market on Indian Cove and 29 Palms Highway. A Public Transportation bus stop is there also which will take the traveler 5 miles to downtown or 8 miles to the main entrance to the National Park and Visitor Center. The Marine Corps Base is in town providing a vibrancy to the town's economy. For those buyers considering catering to short time visitors, note that 2016 was a record year with over 2.5 million visitors. Location is within the city limits and is considered one of the best locations in the city. The property is surrounded by mostly single family homes. LOCATION LOCATION LOCATION. That is the name of the game. Seller may carry first trust deed with appropriate down payment.

Last Agent to Sell the Property

Dick Lobin

Century 21 Affiliated License #00704431 Listed on: 09/11/2017

Century 21 Affiliated

Last Buyer's Agent

Dick Lobin

Century 21 Affiliated License #00704431 Listed on: 09/11/2017

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 2.25 Acre Lot
  • Lot Dimensions are 330 x 330
  • Two or More Common Walls
  • Rural Setting
  • East Facing Home
  • Rectangular Lot
  • Paved or Partially Paved Lot

Parking

  • Level Lot

Property Views

  • Panoramic
  • City Lights
  • Desert
  • Park or Greenbelt

Home Design

  • Bungalow
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • Living Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • 220 Volts in Kitchen
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3017
  • Assessor Parcel Number 0614101010000

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Near a National Forest
  • Military Land
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $3,404
  • Insurance Expense $2,000
  • Trash Expense $792
  • Water Sewer Expense $3,404
  • Operating Expense $9,600
  • Gross Income $2,400
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, refrigerator, window coverings, evaporative cooler, gas heater for each unit
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3404.00
  • Architectural Style: Bungalow
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0614101010000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 109.04
  • Room Type: Galley Kitchen, Living Room
  • Window Features: Blinds, Casement Windows, Drapes, Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: City Lights, Desert, Panoramic, Park/Greenbelt
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Utilities

  • Utilities: Electricity Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator, Water Heater
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Trash Expense: 792.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest, Military Land, Preserve/Public Land, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Up Slope from Street, Utilities - Overhead
  • Lot Size: 330 x 330
  • Lot Size Sq Ft: 98010.00
  • Lot Size Acres: 2.2500

Multi Family

  • Average1 Bed Area: 440 Square Feet
  • Average Studio Area: 360 Square Feet
  • Electric Expense: 3404.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 2000.00
  • Laundry Income: 2400.00
  • Lot Size Area: 98010.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Units Total: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Expenses: 9600.00

Tax Info

  • Tax Census Tract: 104.16
  • Tax Lot: 11
  • Tax Tract Number: 3017

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per 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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dick Lobin

    Seller's Agent in 2018

    Dick Lobin

    Century 21 Affiliated

    (714) 271-7727

    59 Total Sales

    Dick Lobin
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17209987

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Twentynine Palms 92277

6555 Indian Cove Rd, Twentynine Palms, CA

Not Listed for Sale

MultiFamily

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