NOT LISTED FOR SALE

73445 Sunnyvale Dr Twentynine Palms, CA 92277

Estimated Value: $423,000 - $681,000

8 Beds
8 Baths
3,272 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $628,000 $192 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,466/month

39 Days on Market

Highlights

  • 0.5 Acre Lot
  • Fireplace in Bathroom
  • Evaporated cooling system
  • Mountain View
  • No HOA
  • Laundry Room

About This Home

As of January 2024

Great investment opportunity to own a a 4 unit income property with 4 separate units. Each unit comes with 2 bedrooms/2 baths with their own garage and car port, as well as, washer/dryers included and conveniently located in each garage unit. Roofs and evaporative coolers for each unit are approximately 6 years old. 4 units are rented with long term tenants and there is definite room for rental income growth. Minutes away from military base, Joshua Tree and downtown.

Last Agent to Sell the Property

Lucille Alves

C-21 Astro License #01845204 Listed on: 10/31/2023

C-21 Astro

Last Buyer's Agent

Fulvia Garcia

Century 21 LOTUS License #01837612

Century 21 LOTUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Single Garage Door

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,272 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Evaporated cooling system
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 2826
  • Assessor Parcel Number 0618312060000
  • $370 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Mountainous Community

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,280
  • Professional Management Expense $4,928
  • Trash Expense $912
  • Water Sewer Expense $2,352
  • Operating Expense $10,472
  • Gross Income $49,284
  • Net Operating Income $38,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,152

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Washers/dryers
  • Price Per Unit: 157000
  • Professional Management Expense: 4928.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2352.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0618312060000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 191.93

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Septic Type Unknown
  • Trash Expense: 912.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21600.00
  • Lot Size Acres: 0.4959

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 818 Square Feet
  • Gross Income: 49284.00
  • Gross Scheduled Income: 49284.00
  • Insurance Expense: 2280.00
  • Lot Size Area: 21600.0000 Square Feet
  • Net Operating Income: 38812.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Operating Expense: 10472.00
  • Rent Control: No
  • Total Actual Rent: 4107.00
  • Total Expenses: 10472.00

Tax Info

  • Tax Census Tract: 104.33
  • Tax Lot: 16
  • Tax Tract Number: 2826
  • TaxOtherAnnualAssessmentAmount: 370.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 12, 2023
Sold by
Horde Harry
Bought by
Velazquez Cesar Adolfo
Seller's Agent
Lucille Alves
C-21 Astro
Buyer's Agent
Fulvia Garcia
Century 21 LOTUS
List Price
$648,900
Sold Price
$628,000
Premium/Discount to List
-$20,900
-3.22%
Views
91
Current Estimated Value
$604,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,640
Avg. Annual Appreciation
-2.38%
Original Mortgage
$628,000
Outstanding Balance
$617,590
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$13,230

Purchase Details

Closed on
May 11, 2020
Sold by
Horde Harry R
Bought by
Horde Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,065
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Apr 14, 2017
Closed on
Sep 7, 2017
Sold by
Retnp Llc
Bought by
Horde Harry R
Seller's Agent
Steve Enochs
Coldwell Banker Roadrunner
Buyer's Agent
Lucille Alves
C-21 Astro
List Price
$299,900
Sold Price
$318,000
Premium/Discount to List
$18,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$328,494
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Dec 16, 2016
Sold by
Western Home Builders Inc
Bought by
Retnp Llc

Purchase Details

Closed on
Nov 15, 2012
Sold by
Geiger Dale R
Bought by
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
$100,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2002
Sold by
Betters William A
Bought by
Geiger Dale R

Purchase Details

Closed on
Jun 22, 1999
Sold by
Au Lieu
Bought by
Betters William A and Betters Beverly A
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
Velazquez Cesar Adolfo $628,000 Ticor Title
Horde Harry -- Ticor Title Company
Horde Harry R $318,000 Fidelity National Title Co
Retnp Llc -- None Available
Western Home Builders Inc $120,000 Fidelity National Title
Geiger Dale R $169,500 Fidelity National Title Ins
Geiger Dale R -- Fidelity National Title Ins
Betters William A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Cesar Adolfo $628,000
Previous Owner Horde Harry $334,450
Previous Owner Horde Harry $332,065
Previous Owner Horde Harry R $328,836
Previous Owner Horde Harry R $328,494
Previous Owner Western Home Builders Inc $160,000
Previous Owner Western Home Builders Inc $100,000
Previous Owner Betters William A $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $628,000 0.0% $192 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/04/2023 12/04/23 Price Changed $628,000 -3.2% $192 / Sq Ft
10/31/2023 10/31/23 For Sale $648,900 +104.1% $198 / Sq Ft
10/15/2017 10/15/17 Sold $318,000 +2.6% $97 / Sq Ft
05/23/2017 05/23/17 Price Changed $310,000 +3.4% $95 / Sq Ft
04/14/2017 04/14/17 For Sale $299,900 +149.9% $92 / Sq Ft
02/11/2013 02/11/13 Sold $120,000 -33.0% $37 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $179,000 -- $55 / Sq Ft
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 $2,152 $640,560 $163,200 $477,360
2024 $2,152 $354,735 $20,079 $334,656
2023 $3,860 $347,779 $19,685 $328,094
2022 $3,779 $340,960 $19,299 $321,661
2021 $3,739 $334,275 $18,921 $315,354
2020 $3,709 $330,847 $18,727 $312,120
2019 $3,652 $324,360 $18,360 $306,000
2018 $3,567 $151,516 $12,987 $138,529
2017 $1,778 $148,545 $12,732 $135,813
2016 $1,746 $145,632 $12,482 $133,150
2015 $1,881 $143,445 $12,295 $131,150
2014 $1,871 $140,635 $12,054 $128,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23202028

California Regional Multiple Listing Service (CRMLS)

APN: 0618-312-06