72555 Nicolson Dr Twentynine Palms, CA 92277
Estimated payment $999/month
Total Views
15,346
4
Beds
3
Baths
1,637
Sq Ft
$101
Price per Sq Ft
Highlights
- 1.7 Acre Lot
- No HOA
- Separate Outdoor Workshop
- Mountain View
- Hiking Trails
- Evaporated cooling system
About This Home
Investor Special! 2 Homes on 1 Lot – 1.69 Acres in Town with Endless Potential! This prime investment opportunity features two homes on one lot, sitting on 1.69 acres in a great in-town location. With stunning mountain views and close proximity to all the conveniences of downtown 29 Palms, this property is ready for an investor looking to maximize returns. The main home is a 3-bedroom, 2-bathroom residence, approximately 954 sqft, while the second home is a 1-bedroom, 1-bathroom unit, approximately 683 sqft. Both homes need a full remodel, but the upside is undeniable—whether you're looking to fix and flip, create long-term rentals, or develop a short-term rental portfolio. Additionally, there is a detached garage, providing extra storage, workshop potential, or additional conversion possibilities. Why Invest in 29 Palms? Short-Term Rental Market – With the city's flexible rental regulations compared to other nearby areas, investors are capitalizing on the steady influx of visitors heading to Joshua Tree National Park.Proximity to Key Attractions – Just minutes from the park entrance, Tortoise Rock Casino, Project Phoenix downtown revitalization, and the Marine Corps Base, this location is highly desirable for both vacation and long-term tenants. Growing Economy & Infrastructure – 29 Palms continues to develop, with new businesses, hotels, and local attractions increasing property demand. With multiple income streams possible, ample space to expand, and an unbeatable location, this 2-home investment property has the potential to generate strong cash flow.
Listing Agent
C & S Real Estate, Inc. Brokerage Phone: 760-553-5306 License #02038631 Listed on: 02/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,040
Year Built
- Built in 1930
Parking
- 2 Car Garage
- Parking Available
Property Views
- Mountain
- Desert
- Neighborhood
Home Design
- Major Repairs Completed
Interior Spaces
- 1,637 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- No Heating
- Conventional Septic
Additional Features
- Separate Outdoor Workshop
- 1.7 Acre Lot
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 4383
- Assessor Parcel Number 0618132040000
- $558 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,040 | $49,183 | $7,684 | $41,499 |
| 2024 | $1,040 | $48,218 | $7,533 | $40,685 |
| 2023 | $988 | $47,272 | $7,385 | $39,887 |
| 2022 | $963 | $46,345 | $7,240 | $39,105 |
| 2021 | $950 | $45,436 | $7,098 | $38,338 |
| 2020 | $937 | $44,970 | $7,025 | $37,945 |
| 2019 | $902 | $44,088 | $6,887 | $37,201 |
| 2018 | $882 | $43,224 | $6,752 | $36,472 |
| 2017 | $868 | $42,377 | $6,620 | $35,757 |
| 2016 | $852 | $41,546 | $6,490 | $35,056 |
| 2015 | $771 | $40,922 | $6,393 | $34,529 |
| 2014 | $768 | $40,121 | $6,268 | $33,853 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Price Changed | $165,000 | -5.7% | $101 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $175,000 | 0.0% | $107 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $175,000 | -10.3% | $107 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | Price Changed | $195,000 | -2.5% | $119 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $200,000 | -- | $122 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | $17,000 | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title | |
| Corporate Deed | -- | United Title Company | |
| Trustee Deed | $47,198 | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $115,500 | New Conventional | |
| Closed | $113,000 | New Conventional | |
| Closed | $150,000 | New Conventional | |
| Previous Owner | $17,000 | No Value Available |
Source: Public Records
Similar Homes in Twentynine Palms, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: JT25038374
APN: 0618-132-04
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.
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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