$1,200,000
For Sale

7382 Olympic Road

Joshua Tree, CA 92252
0.72 acres | #219120236PS
Listing OfficeSharon Rose Realty, Inc.
Browse 38 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Prime hillside 6-Plex offers a wonderful value and investment opportunity in world famous Joshua Tree. Each of the spacious, 2-bedroom, 1-bath apartments spans nearly 900 sq. ft. and features modern finishes throughout. The units are equipped with AC, gas wall heaters, and fully appointed kitchens, including gas stoves, refrigerators, microwaves, and dishwashers. With two dedicated parking spots per unit and private patios, tenants enjoy added convenience and comfort. The property is separately metered for electricity and gas, making it an efficient investment. The property includes a shared courtyard with a pergola, picnic table, and desert landscaping, providing a relaxing outdoor space for residents. A laundry room with two sets of washers and dryers adds further appeal. Located on a hillside, the building offers sweeping panoramic views, enhancing its desirability. The 6-Plex is ideally located just 4 minutes from Copper Mountain College, 10 minutes from Hi-Desert Medical Center and the courthouse. 25 minutes from the 29 Palms Marine Base. Palm Springs is just 44 minutes away. With the Morongo Basin's booming rental market and growing demand, this property is a solid investment for both long-term and medium-term rentals. Don't miss out on this rare opportunity in a rapidly expanding area.

  • Property Details
      • ViewCityLights, Desert, Hills, Mountains, Panoramic
      • Lot DescriptionPaved, RectangularLot
      • Stories1
    • Measurements
      • Acres0.7197
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1984
    • Material information
      • FoundationSlab
  • Community and Neighborhood Details
      • SubdivisionNot Applicable-1
    • Location
      • CountySan Bernardino
  • Financial Details
      • Original List Price$1,200,000
  • Other
      • MLS #219120236PS

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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