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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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Gated, Guest, Parking Space, Private, Unassigned
Parking Spots
0.00
Sewer
Septic Type Unknown
Stories Total
1
View
Mountain(s), Desert
Water Source
Public
Financial
Map
Community
- Address61850 Chollita Road Joshua Tree CA
- CityJoshua Tree
- CountySan Bernardino
- Zip Code92252
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- 62044 Chollita Road
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61850 Chollita Road
Joshua Tree, CA
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