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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 Type(s):
Residential Income
| Last Updated | 11/21/2025 | Year Built | 1936 |
|---|---|---|---|
| Community | DC710 - Desert Heights | County | San Bernardino |
Additional Details
| AIR | ENERGY STAR Qualified Equipment |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | ENERGY STAR Qualified Equipment |
Location
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Listed with Sperry Commercial
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