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