61850 Chollita Road
Joshua Tree, CA, 92252
$2,050,000
Beds
0 Baths
SqFt
1.63 Acres
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Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.

Property Details

Price:
$2,050,000
MLS #:
25480209
Status:
Active
Baths:
0
Address:
61850 Chollita Road
Type:
Residential Income
City:
Joshua Tree
Listed Date:
Jan 13, 2025
State:
CA
ZIP:
92252
Lot Size:
71,002 sqft / 1.63 acres (approx)
Year Built:
1964
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61850 Chollita Road
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