72121 Hatch Rd Twentynine Palms, CA 92277
Twentynine Palms AreaEstimated payment $2,992/month
Highlights
- Panoramic View
- Tile Flooring
- Evaporated cooling system
- 0.84 Acre Lot
- 4 Attached Carport Spaces
- Masonry wall
About This Home
Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private "tiny home" atmosphere for tenants, who cover their own electric, gas, and internet utilities. This "blank canvas" lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area's high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio. We do have a 100% financing program + closing costs available through a conventional lender. Property must be owner occupied within 60 days to qualify for this program. Inquire for details.
Listing Agent
REGIONCY REAL ESTATE Brokerage Phone: 909-709-3781 License #01767311 Listed on: 05/01/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 36,621 Sq Ft Lot
- No Common Walls
- Rural Setting
- Masonry wall
- Density is 6-10 Units/Acre
Property Views
- Panoramic
- Mountain
- Neighborhood
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 1,440 Sq Ft Home
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- Unit 1 Bedrooms: 0
- Unit 2 Bedrooms: 0
- Unit 3 Bedrooms: 0
- Unit 4 Bedrooms: 0
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
Utilities
- Evaporated cooling system
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 138
- Tax Tract Number 2534
- Assessor Parcel Number 0616292010000
- $1,200 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Other Expense $1,200
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $7,000
- Operating Expense $11,787
- Gross Income $3,350
- Net Operating Income $26,403
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,287 | $221,500 | $60,900 | $160,600 |
| 2025 | $3,287 | $218,200 | $60,000 | $158,200 |
| 2024 | $3,141 | $218,200 | $60,000 | $158,200 |
| 2023 | $2,848 | $197,800 | $39,600 | $158,200 |
| 2022 | $2,724 | $188,400 | $37,700 | $150,700 |
| 2021 | $2,568 | $172,900 | $34,600 | $138,300 |
| 2020 | $2,406 | $158,620 | $31,724 | $126,896 |
| 2019 | $2,307 | $154,000 | $30,800 | $123,200 |
| 2018 | $2,204 | $146,600 | $29,300 | $117,300 |
| 2017 | $2,131 | $139,600 | $27,900 | $111,700 |
| 2016 | $2,122 | $139,600 | $27,900 | $111,700 |
| 2015 | $2,437 | $139,600 | $27,900 | $111,700 |
| 2014 | $2,318 | $126,900 | $25,400 | $101,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $495,000 | -3.9% | $344 / Sq Ft |
| 07/28/2026 07/28/26 | For Sale | $515,000 | 0.0% | $358 / Sq Ft |
| 07/27/2026 07/27/26 | Off Market | $515,000 | -- | -- |
| 06/29/2026 06/29/26 | Price Changed | $515,000 | -3.7% | $358 / Sq Ft |
| 06/01/2026 06/01/26 | Price Changed | $535,000 | -7.0% | $372 / Sq Ft |
| 05/01/2026 05/01/26 | For Sale | $575,000 | 0.0% | $399 / Sq Ft |
| 01/09/2026 01/09/26 | Rented | $800 | 0.0% | -- |
| 12/22/2025 12/22/25 | For Rent | $800 | +60.0% | -- |
| 06/19/2014 06/19/14 | Rented | $500 | -9.1% | -- |
| 06/18/2014 06/18/14 | Under Contract | -- | -- | -- |
| 09/30/2013 09/30/13 | For Rent | $550 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Old Republic Title Glendale | |
| Grant Deed | -- | Old Republic Title Glendale | |
| Grant Deed | $165,000 | First American | |
| Grant Deed | $79,000 | Fidelity National Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,825 | Unknown | |
| Closed | $94,071 | Unknown | |
| Closed | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | Seller Take Back | |
| Previous Owner | $71,100 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26090956
APN: 0616-292-01
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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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