NOT LISTED FOR SALE

6637 Oasis Ave Twentynine Palms, CA 92277

Estimated Value: $223,000 - $318,000

3 Beds
2 Baths
1,056 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $287,500 $272 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,631/month

4 Days on Market

Highlights

  • Near a National Forest
  • Laundry Room
  • Rectangular Lot
  • No HOA
  • Bike Trail
  • 1-Story Property

About This Home

As of February 2024

Two separate turn-key houses on a single parcel, with no shared walls. Both units have been recently renovated - one is a two bedroom and is rented, the second is a one bedroom which was just renovated in November. It is not rented in the event a new owner chooses to live in the unit and rent the other. Both have private yards, washers and gas dryers, and are in beautiful condition with new flooring, paint, windows, counters and cabinets, bathroom fixtures, mini-splits to provide energy efficient heating and cooling, updated electrical panels, and new roofs. Pro forma rents for each unit are $1250/month, providing pro forma gross rents of $30,000 annually. The units are cozy and comfortable.

Last Agent to Sell the Property

Jeffrey Zatlin

Coldwell Banker Roadrunner License #01955130 Listed on: 01/27/2024

Coldwell Banker Roadrunner

Last Buyer's Agent

Samuel Park

Park Group Real Estate License #01399618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1946

Lot Details

  • 10,800 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 170
  • Tax Tract Number 2520
  • Assessor Parcel Number 0617093080000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Near a National Forest

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Professional Management Expense $3,000
  • Water Sewer Expense $480
  • New Taxes Expense $3,750
  • Operating Expense $8,050
  • Gross Income $30,000
  • Net Operating Income $21,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Other Phone Description: property manage
  • Other Phone Number: 760 437-5252
  • Price Per Unit: 150000
  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Water Sewer Expenses: 480.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0617093080000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: ground floor
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 272.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 10800.00
  • Lot Size Acres: 0.2479

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 550 Square Feet
  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 10800.0000 Square Feet
  • Net Operating Income: 21950.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 8050.00
  • Rent Control: No
  • Total Expenses: 8050.00

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Census Tract: 104.34
  • Tax Lot: 170
  • Tax Tract Number: 2520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2024
Closed on
Feb 5, 2024
Sold by
Jeffrey Allen Zatlin Living Trust
Bought by
Kung Michael and Liew Amanda Yen
Seller's Agent
Jeffrey Zatlin
Coldwell Banker Roadrunner
Buyer's Agent
Samuel Park
Park Group Real Estate
List Price
$300,000
Sold Price
$287,500
Premium/Discount to List
-$12,500
-4.17%
Views
98
Current Estimated Value
$275,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,642
Avg. Annual Appreciation
-3.71%

Purchase Details

Closed on
Sep 8, 2021
Sold by
Zatlin Jeffrey A and Zatlin Jeffrey
Bought by
Jeffrey Allen Zatlin Living Trust and Zattin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Water Home Builders
Bought by
Zatlin Jeffrey

Purchase Details

Closed on
May 15, 2019
Sold by
Kemp Cynthia L and Kemp Revocable Livin Cynthia L
Bought by
Zatlin Jeffrey A and Western Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2018
Sold by
Kemp Cynthia L and Herbig Cynthia
Bought by
Livin Kemp Cynthia L and Livin Cynthia L Kemp Revocable

Purchase Details

Closed on
Oct 26, 2015
Sold by
Bitter Barbara P
Bought by
Bitter Barbara P and Bitter Patrick Joseph

Purchase Details

Closed on
Nov 30, 1995
Sold by
Garza Ramon and Garza Gloria
Bought by
Herbig Cynthia and Obering Jack D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Kung Michael $287,500 Corinthian Title Company
Jeffrey Allen Zatlin Living Trust -- Orange Coast Title
Zatlin Jeffrey $109,000 None Available
Zatlin Jeffrey A $95,000 Orange Coast Title Company
Livin Kemp Cynthia L -- None Available
Bitter Barbara P -- None Available
Herbig Cynthia $12,321 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeffrey Allen Zatlin Living Trust $135,750
Previous Owner Zatlin Jeffrey A $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $287,500 -4.2% $272 / Sq Ft
01/27/2024 01/27/24 For Sale $300,000 0.0% $284 / Sq Ft
07/24/2023 07/24/23 Rented $1,100 0.0% --
06/15/2023 06/15/23 For Rent $1,100 0.0% --
01/09/2023 01/09/23 Rented $1,100 0.0% --
11/08/2022 11/08/22 For Rent $1,100 0.0% --
07/28/2022 07/28/22 Rented $1,100 0.0% --
06/14/2022 06/14/22 Price Changed $1,100 -8.3% $2 / Sq Ft
05/11/2022 05/11/22 For Rent $1,200 +14.3% --
11/16/2021 11/16/21 Rented $1,050 0.0% --
10/21/2021 10/21/21 For Rent $1,050 +5.0% --
08/10/2020 08/10/20 Rented $1,000 0.0% --
07/16/2020 07/16/20 For Rent $1,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $2,012 $293,250 $71,400 $221,850
2024 $2,012 $110,864 $21,443 $89,421
2023 $1,911 $108,691 $21,023 $87,668
2022 $1,864 $106,560 $20,611 $85,949
2021 $1,842 $104,471 $20,207 $84,264
2020 $1,728 $95,000 $20,000 $75,000
2019 $1,334 $62,818 $6,371 $56,447
2018 $1,301 $61,586 $6,246 $55,340
2017 $1,280 $60,379 $6,124 $54,255
2016 $1,257 $59,195 $6,004 $53,191
2015 $1,249 $58,306 $5,914 $52,392
2014 $1,244 $57,164 $5,798 $51,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT24016950

California Regional Multiple Listing Service (CRMLS)

APN: 0617-093-08