Under contract

62044 Chollita RD

Joshua Tree CA, 92252

$2,100,000


$254.89 per sqft

Under contract

14 Beds

11 Baths

8,239 sqft

Multi-family

Built in 1960

Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.

219117081DA

MLS ID

September 21, 2024

Listed

December 11, 2024

Updated

Map

62044 Chollita RD
Joshua Tree CA, 92252

Interior Features

Total Stories

1


Bedrooms

14


Total Bathrooms

11


Full Bathrooms

11


Appliances

Ceiling Fan


Floor Description

Cement


Fireplace

Yes


Fireplace Description

Wood Burning Living Room


Cooling

Yes


Cooling Description

Air Conditioning, Ceiling Fan


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.33 Acres


Sewer

Septic Tank

Other Property Details

Area Name

Old Town West


Days on Market

81


Garage

Yes


Garage Spaces

4


Parking

Other


Parking Total

30


View

Yes


View Description

Desert, Mountains


County

San Bernardino


Pool

No

Listing History

Date

Event

Price

12/11/2024

Under contract

11/7/2024

Price change

$2,100,000

-16%

Listed by Serena Leiterman with Equity Union
Listing Contact: (951) 623-9442 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Emily Kroll | CA DRE# 02018584 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/11/2024

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