F
Seller's Agent in 2025
Faisal Alserri
Sharon Rose Realty, Inc.
(310) 428-9865
61 in this area
378 Total Sales
6659 Ocotillo Ave Twentynine Palms, CA 92277
2
Beds
2
Baths
3,396
Sq Ft
0.4
Acres
About This Home
As of September 2021Excellent turn key investment opportunity in a great rental location. 29 Palms Marine Base and the newly expanding Tortoise rock casino, along with Joshua Tree National Park and the MCCS keep a well number of qualified tenants in the area. There has been very low vacancy rate (almost 100% occupancy for quite some time) and the properties are in fantastic condition. The exterior features a stucco finish with a tile roof and dual pane windows. All of the units are a large 1100+ sq. ft with an open concept living room and kitchen, and ample size rooms. There are 2 bedrooms and also 2 full bathrooms in each unit. There is also an indoor laundry area in each unit with washers/dryers and refrigerators included for all 3 units. Full occupancy makes this a no brainer for an instant return on your investment, and low maintenance expenses. Do not let this fantastic opportunity pass you by!
Last Agent to Sell the Property
Zach Harris
Harcourts Prime Properties License #01445560 Listed on: 05/17/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,236
Year Built
- Built in 2006
Lot Details
- 0.4 Acre Lot
- Desert faces the front of the property
- Two or More Common Walls
Home Design
- 3,396 Sq Ft Home
- Property Attached
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Suburban Location
Utilities
- Central Air
- Natural Gas Connected
- Conventional Septic
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 29
- Tax Tract Number 2516
- Assessor Parcel Number 0617293040000
Community Details
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $900
- New Taxes Expense $5,420
- Operating Expense $8,120
- Gross Income $27,900
- Net Operating Income $27,900
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2021
Closed on
Sep 2, 2021
Sold by
Gann Camila
Bought by
Gann James Michael
Seller's Agent
Samuel Park
Park Group Real Estate
Buyer's Agent
Samuel Park
Park Group Real Estate
List Price
$350,000
Sold Price
$372,000
Premium/Discount to List
$22,000
6.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Purchase Details
Listed on
Aug 12, 2021
Closed on
Aug 26, 2021
Sold by
Shin Young Kyu and Hong Chanock
Bought by
Hamilton Seth Daniel and Gann James Michael
Seller's Agent
Samuel Park
Park Group Real Estate
Buyer's Agent
Samuel Park
Park Group Real Estate
List Price
$350,000
Sold Price
$372,000
Premium/Discount to List
$22,000
6.29%
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 6, 2018
Sold by
Luciano Ferdinand T
Bought by
Chanock Shin Young Kyu and Chanock Hong
Seller's Agent
Zach Harris
Harcourts Prime Properties
Buyer's Agent
Samuel Park
Park Group Real Estate
List Price
$299,900
Sold Price
$299,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$224,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2006
Sold by
Damar Llc
Bought by
Damar Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.28%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 21, 2005
Sold by
Damar Development Llc
Bought by
Luciano Ferdinand T and Luciano Rochelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.28%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 29, 2005
Sold by
Beller Mary Ann
Bought by
Damar Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | $372,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $299,000 | First American Title Company | |
| Grant Deed | $140,000 | Stewart Title Co Glendale | |
| Grant Deed | $410,000 | Orange Coast Title | |
| Grant Deed | $140,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,400 | New Conventional | |
| Previous Owner | $224,250 | New Conventional | |
| Previous Owner | $1,350,000 | Construction | |
| Previous Owner | $327,920 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $465,000 | +25.0% | $137 / Sq Ft |
| 09/08/2021 09/08/21 | Sold | $372,000 | 0.0% | $110 / Sq Ft |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | Off Market | $372,000 | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $350,000 | +16.7% | $103 / Sq Ft |
| 07/09/2018 07/09/18 | Sold | $299,900 | 0.0% | $88 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $299,900 | -- | $88 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,236 | $394,769 | $42,448 | $352,321 |
| 2024 | $5,236 | $387,029 | $41,616 | $345,413 |
| 2023 | $5,042 | $379,440 | $40,800 | $338,640 |
| 2022 | $4,926 | $372,000 | $40,000 | $332,000 |
| 2021 | $4,273 | $308,140 | $61,834 | $246,306 |
| 2020 | $4,228 | $304,980 | $61,200 | $243,780 |
| 2019 | $4,093 | $299,000 | $60,000 | $239,000 |
| 2018 | $5,618 | $446,300 | $26,300 | $420,000 |
| 2017 | $5,420 | $425,000 | $25,000 | $400,000 |
| 2016 | $5,934 | $473,311 | $57,721 | $415,590 |
| 2015 | $5,899 | $466,201 | $56,854 | $409,347 |
| 2014 | $5,864 | $457,068 | $55,740 | $401,328 |
Source: Public Records
Agents Affiliated with this Home
-
Faisal Alserri
-
Samuel Park
Seller's Agent in 2021
Samuel Park
Park Group Real Estate
(909) 310-5105
4 in this area
109 Total Sales
-
Z
Seller's Agent in 2018
Zach Harris
Harcourts Prime Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: JT18118347
APN: 0617-293-04
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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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