$1,000,000

6563 Oasis Ave Twentynine Palms, CA 92277

Estimated payment $6,245/month

Total Views 263
3 Beds
3 Baths
3,240 Sq Ft
$309 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Hiking Trails
  • Cooling Available
  • Near a National Forest
  • Hunting
  • Laundry Room

About This Home

Fully renovated 9-unit multifamily property in the growing Twentynine Palms market. With a strong 6.8% cap rate and 8.75 GRM on current rents, this turnkey asset features 4 studios, 4 one-bed units, and 1 two-bed unit across 3,240 SF. All interiors have been updated with modern kitchens, baths, fixtures, and finishes. Current scheduled rents total $9,425/month with market potential of $10,200/month. Property sits on a 21,600 SF lot with ample open parking. Low expenses and stable tenant demand driven by proximity to the Marine Corps base and downtown amenities. Excellent opportunity for investors seeking strong cash flow and minimal renovation needs.

Listing Agent

James Wardlaw

Sperry Commercial Brokerage Phone: 714-496-1100 License #02061381 Listed on: 11/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.5 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 2520
  • Assessor Parcel Number 0617103050000
  • $475 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Near a National Forest
  • Mountainous Community
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Hunting
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 9 Leased Units
  • Electric Expense $5,462
  • Fuel Expense $575
  • Insurance Expense $4,860
  • Professional Management Expense $5,430
  • Trash Expense $2,826
  • Water Sewer Expense $1,287
  • Operating Expense $40,573
  • Gross Income $114,309
  • Net Operating Income $68,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Professional Management Expense: 5430.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1287.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0617103050000
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 308.64

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2826.00
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Hiking, Horse Trails, Hunting, Mountainous, Preserve/Public Land

Green Features

  • Efficiency: Appliances, HVAC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 21600.00
  • Lot Size Acres: 0.4959
  • Latitude Manual: 34.13730000
  • Longitude Manual: 116.05990000

Multi Family

  • Electric Expense: 5462.00
  • Fuel Expense: 575.00
  • Gross Income: 114309.00
  • Gross Scheduled Income: 114309.00
  • Insurance Expense: 4860.00
  • Lot Size Area: 21600.0000 Square Feet
  • Net Operating Income: 68020.00
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 40573.00
  • Rent Control: No
  • Total Actual Rent: 9425.00
  • Total Expenses: 40573.00

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 2520
  • TaxOtherAnnualAssessmentAmount: 475.00

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 List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $1,000,000 +400.0% $309 / Sq Ft
08/16/2019 08/16/19 Sold $200,000 -12.7% $75 / Sq Ft View Prior Sale
06/01/2019 06/01/19 For Sale $229,000 -- $86 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25264892

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

6563 Oasis Ave, Twentynine Palms, CA

For Sale

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California Regional Multiple Listing Service (CRMLS) 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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James Wardlaw
Listing Agent
James Wardlaw
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Sperry Commercial
(442) 298-3551