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6563 Oasis , 29 Palms, CA 92277
Priced at Only: $1,000,000
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Address: 6563 Oasis , 29 Palms, CA 92277
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  • MLS#: PW25264892 ( Commercial/Residential )
  • Street Address: 6563 Oasis
  • Viewed: 1
  • Price: $1,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1936
  • Bldg sqft: 0
  • Days On Market: 73
  • Additional Information
  • County: SAN BERNARDINO
  • City: 29 Palms
  • Zipcode: 92277
  • Provided by: Sperry Commercial
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Fully renovated 9 unit multifamily property in the growing Twentynine Palms market. With a strong 6.8% cap rate and 8.75 GRM on current rents, this turnkey asset features 4 studios, 4 one bed units, and 1 two bed unit across 3,240 SF. All interiors have been updated with modern kitchens, baths, fixtures, and finishes. Current scheduled rents total $9,425/month with market potential of $10,200/month. Property sits on a 21,600 SF lot with ample open parking. Low expenses and stable tenant demand driven by proximity to the Marine Corps base and downtown amenities. Excellent opportunity for investors seeking strong cash flow and minimal renovation needs.
Features
Building Area Total
  1. 3240.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. ENERGY STAR Qualified Equipment
Country
  1. US
Days On Market
  1. 72
Electric Expense
  1. 5462.00
Entry Location
  1. front
Fireplace Features
  1. None
Fuel Expense
  1. 575.00
Garage Spaces
  1. 0.00
Green Energy Efficient
  1. Appliances
  2. HVAC
Heating
  1. ENERGY STAR Qualified Equipment
Insurance Expense
  1. 4860.00
Laundry Features
  1. Common Area
Levels
  1. One
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 68020.00
Parcel Number
  1. 0617103050000
Pool Features
  1. None
Professionalmanagementexpense
  1. 5430.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 452464252:CRM
Totalactualrent
  1. 9425.00
Totalexpenses
  1. 40573.00
Trash Expense
  1. 2826.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Sewer Expense
  1. 1287.00
Year Built
  1. 1936
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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