NOT LISTED FOR SALE

6589 Cholla Ave Unit A & B Twentynine Palms, CA 92277

Estimated Value: $338,000 - $348,000

4 Beds
4 Baths
1,596 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $207,000 $130 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,155/month

169 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Two cooling system units
  • Property is near public transit
  • 2 Attached Carport Spaces
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

In the heart of Twentynine Palms, close to restaurants, shops and Highway 62 sits a 2 unit rental income property only 10 minutes from the military base. With a steady history of reliable tenants and monthly income, this investment opportunity offers a low annual expense for a solid yearly return. Each unit boasts two bedrooms and two bathrooms, comfortable carpet and tile floors, with plenty of parking and mountain views. An ideal location for military families and other professionals renting in the Mojave Desert, these units are a sound addition to any investors portfolio.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 08/15/2019

Pacific Sotheby's Int'l Realty

Co-Listed By

Nicholas Collins

Desert Sotheby's International Realty License #02079936

Last Buyer's Agent

Virginia Bellinis

Coldwell Banker Tri-Counties R License #01299518

Coldwell Banker Tri-Counties R

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 2008

Lot Details

  • 6,940 Sq Ft Lot
  • Paved or Partially Paved Lot

Interior Spaces

  • 1,596 Sq Ft Home
  • Living Room
  • Carpet
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Attached Carport Spaces
  • 8 Car Parking Spaces
  • 4 Parking Garage Spaces
  • Driveway

Location

  • Property is near public transit

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 0617115020000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $655
  • Gross Income $1,600
  • Net Operating Income $14,863

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,110

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 104500.00
  • Builders Tract Code: NA371
  • List Price per Sq Ft: 130.95
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Year Built: 2008
  • Co Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Co Listing Member Fax: (805) 305-3056
  • Co Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Internal Listing I D: 20190824090920739616000000
  • Listing I D: 219021775
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 1241 Grand Ave Suite B, Diamond Bar, CA 91765
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Flooring: Carpet
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Laundry Equipment: Own
  • Estimated Sq Ft: 1596.00

Exterior Features

  • View: Yes
  • Paved: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway
  • Parking Info Total Carport Spaces: 2.00
  • Parking Info Total Covered Spaces: 2.00
  • Parking Info Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Dual, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 0617115020000
  • Lot Description: Sidewalks, Street Paved
  • Lot Location: Near Public Transit
  • Lot Size: 6940.00

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Annual Tax: 2110.00
  • Tax Year: 2019

Multi Family

  • Number Of Refrigerators: 2
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 31, 2020
Sold by
Huan Chu Ming and Chang S Family Trust Of 1995
Bought by
Kavalle Donald G and Kavalle Carol M
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Virginia Bellinis
Coldwell Banker Tri-Counties R
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%
Current Estimated Value
$344,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,204
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jun 2, 2008
Sold by
Gallop Suporn
Bought by
Huan Chu Ming and Changs Family Trust Of 1995

Purchase Details

Closed on
Nov 16, 2006
Sold by
Stark Harvey L
Bought by
Tongchantra Nipa and Gallop Suporn

Purchase Details

Closed on
Nov 1, 2006
Sold by
Gallop Robert G
Bought by
Gallop Suporn
Source: Public Records

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Range of Values:

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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
Kavalle Donald G $207,000 First American Title Company
Huan Chu Ming -- First American Title Company
Tongchantra Nipa $23,000 First American Title Company
Gallop Suporn -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallop Suporn $189,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $207,000 -1.0% $130 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $209,000 0.0% $131 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $209,000 0.0% $131 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $209,000 0.0% $131 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $209,000 0.0% $131 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $209,000 -- $131 / Sq Ft
Source: California Desert Association of REALTORS®

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 $2,861 $221,946 $32,166 $189,780
2023 $2,774 $217,594 $31,535 $186,059
2022 $2,712 $213,328 $30,917 $182,411
2021 $2,682 $209,145 $30,311 $178,834
2020 $2,656 $207,000 $30,000 $177,000
2019 $2,110 $157,700 $33,100 $124,600
2018 $2,013 $150,200 $31,500 $118,700
2017 $1,943 $143,000 $30,000 $113,000
2016 $1,938 $210,819 $33,286 $177,533
2015 $2,624 $207,652 $32,786 $174,866
2014 $2,609 $203,585 $32,144 $171,441
Source: Public Records

Agents Affiliated with this Home

  • Sean Stanfield

    Seller's Agent in 2020

    Sean Stanfield

    Pacific Sotheby's Int'l Realty

    (949) 244-9057

    616 Total Sales

    Sean Stanfield
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nicholas Collins

    Desert Sotheby's International Realty

    (805) 305-3056

    61 Total Sales

    Nicholas Collins
    Section Image

  • V

    Buyer's Agent in 2020

    Virginia Bellinis

    Coldwell Banker Tri-Counties R

    (909) 861-9835

    4 in this area

    8 Total Sales

    Virginia Bellinis
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219021775

California Desert Association of REALTORS®

APN: 0617-115-02

California San Bernardino County Twentynine Palms 92277

6589 Cholla Ave Unit A & B, Twentynine Palms, CA

This home is located at 6589 Cholla Ave Unit A & B, Twentynine Palms, CA 92277 since 15 August 2019 and is currently estimated at $344,204, approximately $215 per square foot. This property was built in 2008. 6589 Cholla Ave Unit A & B is a home located in San Bernardino County with nearby schools including Palm Vista Elementary School, Twentynine Palms Junior High School, and Twentynine Palms High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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