$675,000
SOLD JAN 15, 2021

7382 Olympic Rd Joshua Tree, CA 92252

2 Beds
1 Bath
5,076 Sq Ft
2.16 Acres

Recently Sold

$133 Per Sq Ft

7% Below List Price

16 Days on Market

Highlights

  • Heated Spa
  • 2.16 Acre Lot
  • Near a National Forest
  • No Units Above
  • Desert View
  • Private Yard

About This Home

As of September 2022

Location Location This Updated 6-Plex Is Perfect For The Retiree, The Photographer Or Anyone That Would Love To Experience This Quiet, Peaceful Desert Oasis Lifestyle. All 6 Homes Are Presently Occupied. These Unique Homes Each With It's Own Personality & Style Are The Reason They Are Enjoyed By The Tenants. Great Location, With An Artistic Feel To Each 2 Bedroom 1 Bath Home With Cute Kitchens, Upgraded Open Floor Plans, Lovely, Fully Fenced Backyards All With A Mountain & Sunset View. The 2 Units In The Back, Each Have A Jacuzzi 7384 (A) Has A 15x25 Above Ground Pool AND A Jacuzzi, GREAT To Cool Off & Unwind. The Courtyard Has A Picnic Table To Sit & Chat With Family & Friends. A Quiet Place To Live. There's A Community Laundry Room At The Back Of The Property Which Is Convenient. This Joshua Tree Get Away With A Wonderful View Of The Desert Oasis And The Opportunity To Live In The Serene Community With Dark Night Skies, A Rich Cultural History And Surreal Geologic Features To Explore & Enjoy Hiking, Camping, Rock Climbing And The Simple Beauty Of The Vast Wilderness, Is All At Your Fingertips! If you Have Big Dreams There's An Opportunity To Add On To Your Properties, You Will Not Only Have Your 6-Plex, You Will Also Own The Lots On Both Sides Of Your Property. Build A Garage & Perhaps Expand & Add More Homes. One Of The Lots Already Have 3 Water Meters Ready For Expansion. No Joshua Trees To Move Which Is A Huge Value When Dreaming Of Building More Units On Your Property.

Last Agent to Sell the Property

Roberta 'Bobbie' Johnson

Elevate Real Estate Agency License #01402184

Elevate Real Estate Agency

Last Buyer's Agent

Christopher Catrambone

HomeSmart Realty West License #01953947

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 2.16 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Desert faces the back of the property
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • Private Yard
  • Back Yard
  • Density is 6-10 Units/Acre
  • 0588-143-05-0000,0588-143-07-0000

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Tile Flooring
  • Desert Views
  • Carbon Monoxide Detectors
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 12 Parking Spaces
  • Parking Available
  • Driveway Level
  • Guest Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Parking

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 82
  • Tax Tract Number 5656
  • Assessor Parcel Number 0588143060000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units
  • Near a National Forest
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $69,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 63333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0588143060000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 132.98
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Spa Features: Above Ground, Heated
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Desert
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Guest, On Site, Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Hiking, Park, Preserve/Public Land

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0588-143-05-0000,0588-143-07-0000
  • Lot Features: 6-10 Units/Acre, Back Yard, Desert Back, Lot 20000-39999 Sqft, Level, Yard
  • Lot Size Sq Ft: 94053.00
  • Lot Size Acres: 2.1592

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 846 Square Feet
  • Gross Income: 69300.00
  • Gross Scheduled Income: 69300.00
  • Lot Size Area: 94053.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Rent Control: No
  • Total Actual Rent: 5675.00

Tax Info

  • Tax Lot: 82
  • Tax Tract Number: 5656

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $1,150,000 +21.2% $227 / Sq Ft
09/20/2022 09/20/22 Sold $949,000 0.0% $187 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $949,000 +40.6% $187 / Sq Ft
01/15/2021 01/15/21 Sold $675,000 -6.9% $133 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $725,000 +178.8% $143 / Sq Ft
05/16/2014 05/16/14 Sold $260,000 -31.6% $51 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $380,000 -- $75 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20226441

California Regional Multiple Listing Service (CRMLS)