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.
Property Details
Price:
$1,000,000
MLS #:
PW25264892
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
dc710
Listed Date:
Nov 21, 2025
Total Sq Ft:
3,240
Lot Size:
21,600 sqft / 0.50 acres (approx)
Year Built:
1936
See this Listing
Schools
Interior
Cooling
ES
Heating
ES
Laundry Features
AR
Exterior
Community Features
BLM, HRS, HNT, MTN, PSV, HIKI, BIKI
Financial
Map
Community
- AddressOasis Lot 51 29 Palms CA
- City29 Palms
- CountySan Bernardino
- Zip Code92277
Subdivisions in 29 Palms
Market Summary
Current real estate data for Single Family in 29 Palms as of Nov 25, 2025
133
Single Family Listed
63
Avg DOM
241
Avg $ / SqFt
$292,930
Avg List Price
Property Summary
- Oasis Lot 51 29 Palms CA is a Single Family for sale in 29 Palms, CA, 92277. It is listed for $1,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1936. The average price per square foot for Single Family listings in 29 Palms is $241. The average listing price for Single Family in 29 Palms is $292,930.
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Courtesy of Sperry Commercial. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.Oasis Lot 51
29 Palms, CA