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Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,650 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the property’s value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser.Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEPUnit 2: coming soonUnit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG
Last Updated | 7/12/2024 | Year Built | 2005 |
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Community | Four Corners | County | San Bernardino |
Price History
Prior to Jul 12, '24 | $839,000 |
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Jul 12, '24 - Today | $810,000 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan |
AREA | Four Corners |
GARAGE | Carport |
HEAT | Central |
HOA DUES | 0 |
LOT | 0.54 acre(s) |
LOT DESCRIPTION | Corner Lot |
PARKING | Carport |
POOL DESCRIPTION | None |
SEWER | Septic Tank |
STORIES | 1 |
UTILITIES | Electricity Connected,Natural Gas Connected,Water Connected |
WATER | Public |
Location
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