FIRST TIME EVER ON THE MARKET! The Olympic Village Apartments consist of a two-property portfolio with a total of eight (8) units, located side by side at 7242-7264 Olympic Road, Joshua Tree, CA 92252. These properties are being offered together for $1,725,000 or individually at $862,500 each. Each unit features a two-bedroom, one-bathroom layout. Built in 1991, the properties sit on a combined 0.903 acres of land and demonstrate a clear pride of ownership, with well-maintained grounds and units. The Pro Forma CAP Rate is 6.46%, with a Pro Forma GRM of 10.89, while the current CAP Rate stands at 4.86%. (7264 Olympic Road APN: 0601-441-14)
Property Details
Price:
$862,500
MLS #:
IV25019338
Status:
Active
Baths:
0
Address:
7264 Olympic Road
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
dc626outlyingnorthsunfairheights
City:
Joshua Tree
Listed Date:
Dec 10, 2024
State:
CA
ZIP:
92252
Lot Size:
19,700 sqft / 0.45 acres (approx)
Year Built:
1991
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Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address7264 Olympic Road Joshua Tree CA
- AreaDC626 – Outlying North/Sunfair Heights
- CityJoshua Tree
- CountySan Bernardino
- Zip Code92252
Similar Listings Nearby
- 7242 Olympic Road
Joshua Tree, CA$862,500
0.02 miles away
- 6422 El Dorado Avenue
Yucca Valley, CA$853,000
2.07 miles away
Courtesy of LE INVESTMENT GROUP. 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.
7264 Olympic Road
Joshua Tree, CA
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