$575,000

72121 Hatch Rd Twentynine Palms, CA 92277

Estimated payment $3,392/month

Total Views 187
-- Bed
4 Baths
1,440 Sq Ft
$399 Price per Sq Ft

Highlights

  • Panoramic View
  • Evaporated cooling system
  • 4 Attached Carport Spaces
  • 0.84 Acre Lot
  • Tile Flooring
  • 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.

Listing Agent

Nathan Diones

REGIONCY REAL ESTATE Brokerage Phone: 909-709-3781 License #01767311 Listed on: 05/01/2026

Co-Listing Agent

Trevor Casey

REGIONCY REAL ESTATE Brokerage Phone: 909-709-3781 License #02053394

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
  • Professional Management Expense $4,020
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,000
  • Operating Expense $16,270
  • Gross Income $3,350
  • Net Operating Income $21,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0.84 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 4.38
  • Professional Management Expense: 4020.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0616292010000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 399.31

Exterior Features

  • View: Mountain(s), Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Masonry
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Phone Connected, Electricity Connected
  • Laundry: No
  • Sewer: Unknown
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 36621.00
  • Lot Size Acres: 0.8407
  • Latitude Manual: 34.13455400

Rental Info

  • Tenant Pays: Gas, Cable TV

Multi Family

  • Average1 Bed Area: 340 Square Feet
  • Average2 Bed Area: 340 Square Feet
  • Average3 Bed Area: 340 Square Feet
  • Gross Income: 3350.00
  • Gross Multiplier: 12.40
  • Gross Operating Income: 38190.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 36621.0000 Square Feet
  • Net Operating Income: 21920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16720.00
  • Other Expense: 1200.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Expenses: 16270.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 138
  • Tax Tract Number: 2534
  • TaxOtherAnnualAssessmentAmount: 1200.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per 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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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 $90,000 Purchase Money Mortgage
Previous Owner $135,000 Seller Take Back
Previous Owner $71,100 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG26090956

California Regional Multiple Listing Service (CRMLS)

APN: 0616-292-01

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